Page 2 - Asian Shares

Asian shares fall after Wall Street retreat; oil eases from recent surge

Asian shares retreated on Thursday following declines on Wall Street that snapped a nine-day winning streak for the S&P 500. Oil prices fell back after surging Wednesday as renewed fighting threatened the US-Iran ceasefire. Early Thursday in Asia, Brent crude was USD 1.17 lower at USD 96.64 per barrel, while benchmark US crude oil shed USD 1.08 to USD 94.94 per barrel. Oil prices had climbed a day earlier after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones. In share trading, Japan's Nikkei 225 shed 1.9% to 67,101.83 as traders sold technology stocks to lock in gains. Energy and technology giant SoftBank Group slumped 10.4%, while Shin-Etsu Chemical dropped 3.8%. Hong Kong's Hang Seng lost 1.3% to 25,299.29, and the Shanghai Composite index fell 0.4% to 4,067.46. In South Korea, the Kospi sank 1.7% to 8,651.87, while Australia's S&P/ASX 200 declined 1.5% to 8,657.40. On Wednesday, the S&P 500 fell 0.7% from its ...

Asian stocks slide as West Asia ceasefire doubts offset AI optimism

MSCI's broadest index of Asia-Pacific shares outside Japan ​fell 0.6 per cent, having fluctuated between gains and losses as trading commenced

Asian stocks count on AI boom despite West Asia crisis, rising oil prices

Asian share markets remain underpinned by demand for semiconductors and AI-related gear, with Japan's Nikkei up a further 0.5 per cent, having risen almost 5 per cent last week to all-time highs

SpaceX, OpenAI windfall fuels fresh bets on next-wave Asian AI winners

The listings of SpaceX, OpenAI and Anthropic may mean a total of $70 billion in AI spending on top of the more than $750 billion already committed by the biggest hyperscalers

Asian shares turn cautious as fresh US strike on Iran lifts oil prices

It also took a little steam out of the tech-driven bull run in stock markets, with Japan's Nikkei easing 0.2 per cent, while South ‌Korean shares went flat

Asian shares climb as markets eye US-Iran talks, central bank moves

Brent crude ​traded near $100 per barrel, and the greenback held gains from the previous ​session after Iran said the US had violated a ceasefire

Asian shares, oil prices mixed as US strikes in Iran cloud peace talks

Shares were mixed Tuesday in Asia after the US military said it carried out what it called "self-defence" strikes in southern Iran, including on missile launch sites and boats placing mines. The attacks came even as President Donald Trump said on social media that negotiations on ending the war were "proceeding nicely." US futures jumped. Oil prices were mixed, with Brent crude trading below USD 95 a barrel. The US military said the strikes Monday were done "to protect our troops from threats posed by Iranian forces." It said it used restraint due to the ceasefire with Iran, which gave no official response. Further details were not immediately available, including more specifics on threats from Iran and what this means for negotiations. With the status of peace talks with Iran unclear, markets have been swayed by various developments and comments by Trump. "Markets are behaving as though a full Iran breakthrough already exists, even though the hardest parts of the negotiation rema

Asian shares rise, oil dips after Trump says Iran talks progressing

Asian shares mostly rose Monday and oil prices plunged after US President Donald Trump said talks on ending the war with Iran are progressing. Japan's benchmark Nikkei 225 surged 3.1 per cent in morning trading to 65,321.56. Australia's S&P/ASX 200 added 0.4 per cent to 8,692.70. The Shanghai Composite edged up 0.4 per cent to 4,127.53. Trading was closed in South Korea and Hong Kong for holidays marking Buddha's birthday. Trading will be closed in the US on Monday for Memorial Day. Trump said negotiations with Iran were "proceeding in an orderly and constructive manner." Meanwhile, regional officials told The Associated Press on Sunday that the United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, Reopening the Strait of Hormuz will help decide the direction of oil prices. The closure has prevented oil tankers from exiting the Persian Gulf and delivering crude to ...

Asian markets rise, oil prices stay elevated amid Iran war uncertainty

Asian shares advanced Friday following modest gains on Wall Street, while oil prices rose as efforts to end the Iran war yielded limited results. Oil prices had eased Thursday in US trading, alleviating pressure from the bond market as yields fell. Earlier this week yields climbed so high they threatened to slow economies worldwide and undercut prices for stocks, bitcoin and all kinds of other investments. US futures edged higher and Tokyo's Nikkei 225 was up 2.7% at 63,352.44. A report showed inflation hitting a four-year low in April, at 1.4%, despite higher prices for oil and gas due to the war. South Korea's Kospi gained 0.6% to 7,860.59. Hong Kong's Hang Seng rose 1.2% to 25,685.65, while the Shanghai Composite index climbed 0.5% to 4,096.24. Australia's S&P/ASX 200 was up 0.5% at 8,664.00. Taiwan's Taiex was trading 1.5% higher, while India's Sensex edged up 0.2%. Oil prices remained elevated over disruptions around the Strait of Hormuz, a critical waterway for oil and gas

Asian shares rally after oil prices slip, Wall Street resumes its AI rally

Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and oil prices fell back. The advance was also powered by a stronger-than-expected quarterly report from chipmaker Nvidia, whose profit rocketed more than 200% higher in the February-April quarter from a year earlier, while revenue jumped 85%. Nvidia has been one of the biggest beneficiaries from the boom in artificial intelligence, thanks to powerful demand for its high-end AI chips. Its shares rose 1.3% on Wednesday before its earnings report was released, but they fell 1.3% in afterhours trading after the announcement. South Korea's Kospi soared 8% to 7,787.74, helped by strong buying of technology shares such as Samsung Electronics, which gained 7.5% after its labour union and management reached an agreement late Wednesday that averted a strike. Shares in SK Hynix, a computer chipmaker partnering with Nvidia, surged 11.3%. The Kospi has been breaching records, recently .

Asian shares mixed, Kospi falls nearly 4% as oil prices keep swinging

Japan's Nikkei 225 lost 0.6% in morning, erasing initial gains after the government reported that the economy grew for the 2nd straight quarter in Jan-Mar due to better than expected consumer spending

Asian shares slip as drone attacks in Gulf lift oil prices, bond yields

Japan's Nikkei eased 0.4 per cent, having fallen 2 per cent last week, though that was from record highs

Asian shares pressured by inflation worries as oil prices extend rally

Japan's Nikkei also dropped 1.2 per cent as data showed the country's wholesale inflation accelerated to 4.9 per cent in April, the fastest pace in three years

Asian markets falter as hot US inflation, shaky Iran ceasefire weigh

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6 per cent, down for a second day ​as Korean shares fell as much as 3.2 per cent before rebounding

Asian shares mixed, dollar gains as US, Iran disagree over peace proposal

Japan's ‌Nikkei fell 0.3 per cent, erasing earlier gains; South Korea's chipmaker-heavy KOSPI index rose 5 per cent

Brent up 1% on renewed Iran clashes as AI drives Asia stocks to weekly rise

Benchmark Brent crude futures were up ​about 1 per cent to $101 a barrel, while European stocks fell 0.9 per cent

Asian stocks hit record high, dollar wobbles on US-Iran peace deal hopes

Japan's Nikkei returned from a long holiday to cross 62,000 for the first ​time, catching up on a blistering AI-led rally after robust earnings that has also catapulted South Korean and Taiwan stocks

Asian markets hit records on AI euphoria, US-Iran peace deal hopes

MSCI's broadest index of Asia-Pacific shares outside Japan jumped 2.3 per cent to a fresh record, led by a 5.1 per cent surge in South Korea's Kospi

Asian stocks inch higher, oil steady amid uncertainty in West Asia

President Donald ​Trump said the US would begin an effort to free up ships stranded in the Strait ​of Hormuz on Monday morning, but gave no details of the plan

Asian shares gain amid May Day holiday; oil steady near $111 per barrel

Market holidays limited the reaction across Asia on Friday, with the Nikkei up 0.4 per cent and Australian shares adding 0.7 per cent