Page 3 - Asian Shares

Asian shares mixed as US stocks hover near record after shutdown ends

Asian shares traded mixed on Thursday after US stocks drifted near their records. US futures edged higher, while oil prices declined. Japan's Nikkei 225 rose 0.2 per cent to 51,139.48 as investors took heart as the US government shutdown finally ended. President Donald Trump signed a government funding bill Wednesday night, ending a record 43-day shutdown that caused financial stress for federal workers who went without paychecks, stranded scores of travellers at airports and generated long lines at some food banks. The shutdown had blocked not just spending, but also delayed a raft of federal economic data, Stephen Innes of SPI Asset Management said in a commentary, adding that for markets, the only line that matters is simple: the lights are coming back on. Hong Kong's Hang Seng index fell 0.6 per cent to 26,766.71, while the Shanghai Composite index edged up 0.4 per cent to 4,016.24 as mainland stocks climbed ahead of updates on lending in China. Australia's S&P ASX 200 fell 1

Asian shares mostly lower as tech rally cools amid US shutdown progress

Asian shares were mostly lower on Tuesday as the recent rebound fuelled by buying of technology shares lost steam. Markets showed little reaction to the latest step toward ending the US shutdown, after the Senate passed legislation to reopen the government. US futures were little changed and oil prices slipped. Shares have been bouncing on criticism that tech share prices have shot too high due to the mania for artificial intelligence, which some have likened to the 2000 dot-com bubble that ultimately burst. In Tokyo, the Nikkei 225 lost 0.5 per cent to 50,675.92. The US dollar climbed to 154.15 against the Japanese yen, from 154.14 yen, near its highest since February. Expectations that the government will push back its schedule for trimming Japan's huge national debt and boost spending have helped to weaken the yen. The euro inched up to USD 1.1563 from USD 1.1557. Chinese shares also declined. Hong Kong's benchmark Hang Seng index fell 0.2 per cent to 26,595.97 and the Shangh

Asian shares rise as US Senate moves closer to ending govt shutdown

Shutdown has taken a toll on the US economy, with federal workers from airports to law enforcement and the military going unpaid while the central bank flies blind with limited government reporting

Plunge in Asia's AI shares raises doubts over world-beating rally

Asia's tech sector has outpaced its US counterpart this year, fueled by cheaper valuations and the excitement sparked by China's AI breakthroughs, particularly that of DeepSeek

Asian shares retreat after falling tech stocks drag Wall Street down

Shares retreated in Asia on Friday after losses for influential technology stocks pulled Wall Street benchmarks lower. US futures edged higher and oil prices advanced. Japan's Nikkei 225 index fell more than 2% early in the session and was trading 1.6% lower at 50,064.38. China reported that its exports contracted 1.1% in October, as shipments to the United States dropped by 25% from a year earlier. But economists expect Chinese exports to recover after US President Donald Trump and Chinese leader Xi Jinping agreed last week to de-escalate the trade war between the two largest economies. Hong Kong's Hang Seng index fell 0.9% to 26,247.36, while the Shanghai Composite index was nearly unchanged, at 4,007.45. South Korea's Kospi shed 2.2% to 3,937.22 and Taiwan's Taiex lost 0.7%. In Australia, the S&P/ASX 200 skidded 0.8% to 8,761.10. Technology industries have helped drive markets up and down all week. On Thursday, the S&P 500 fell 1.1% to 6,720.32 and the Dow Jones Industrial .

Asian shares rise as upbeat US data calms nerves over stretched valuations

Data on Wednesday showed the US services sector activity increased to an eight-month high in October as new orders grew solidly

Asian markets pull back as stretched valuation fears jolt Wall Street

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8 per cent, led by declines in South Korean shares with a loss of 4.1 per cent

Asian markets retreat from record highs as investors book profits

Overnight, a rally in US tech shares buoyed both the US S&P 500 and Nasdaq, though futures pointed to declines of 0.3 per cent and 0.5 per cent, respectively

Asian stocks gain on AI optimism as dollar stays near 3-month high

Gold prices fell, edging further away from the record peak it has been at most of last month, while oil prices rose after Opec+ decided to hold off production hikes

Victory Giant tops Asian stocks with 600% surge on Nvidia partnership

It stands out against other top stock performers that underscore the divide between US attempts to onshore tech production on one side, and China's push to bolster self reliance on the other side

Asian shares set for 7th month of gains as Amazon, Apple lift sentiment

Chinese stocks lagged after a dismal reading on China's factory activity in October weighed on sentiment

Asian shares fall back following Trump's meeting with Chinese leader Xi

The yield on the US 10-year Treasury bond was last around a three-week high of 4.068 per cent, up 1 basis point compared with a previous close of 4.058 per cent

Asia stocks rise on AI optimism, investors gird for Fed, tech earnings

Also key for investors later in the day will be a highly anticipated rate decision from the Fed, where a 25-basis-point cut is almost fully priced in

Asian stocks take a breather as investors eye US Fed moves, tech earnings

Traders aren't chasing the rumour this time; they're watching, weighing, waiting for something real to sign, said Stephen Innes, managing partner at SPI Asset Management

Asian shares rally on US-China trade hopes; Japan's Nikkei tops 50,000 mark

Asian shares rallied and US futures jumped Monday, with Japan's benchmark Nikkei 225 topping 50,000 for the first time. Work on trade deals that might alleviate friction between the US, China and other major trading partners contributed to upbeat sentiment as US President Donald Trump visited Malaysia for a summit of Southeast Asian nations where he reached preliminary trade agreements with Malaysia, Thailand, Cambodia and Vietnam. A trade deal between the United States and China was drawing closer, officials from the world's two largest economies said Sunday as they reached an initial consensus for Trump and Chinese leader Xi Jinping to try to finalise during a high-stakes meeting later in the week. This isn't just photo-op diplomacy. Behind the showmanship, Washington and Beijing's top trade lieutenants have quietly mapped out a framework that might, just might, keep the world's two largest economies from tearing up the field again, Stephen Innes of SPI Asset Management said in a

Asian shares rise as US earnings, Trump-Xi meeting boost investor sentiment

As the US government shutdown blots out most economic data, the spotlight is on Friday's consumer price figures for signals about next week's policy meeting at the Federal Reserve

Asian markets retreat on potential new US trade curb against China

MSCI's broadest index of Asia-Pacific shares outside Japan was last off 0.3 per cent, while Japan's Nikkei 225 sank 1.5 per cent

Asian shares slip on selling of tech stocks after lackluster day on Wall St

Asian shares were mostly lower Wednesday on selling of technology shares following a lackluster day on Wall Street. US futures edged higher, while crude oil prices rose about $1 a barrel. Chinese markets retreated after US President Donald Trump cast doubt on whether or not he will meet with Chinese leader Xi Jinping later this month. Maybe it won't happen, maybe it won't happen, he said while hosting a lunch for Republican Party senators at the White House. However, Trump also said he was expecting to do well in negotiations with China. I'm going to see President Xi in two weeks... We're going to meet in South Korea, he said. We're going to talk about a lot of things they want to discuss. Trump is travelling in the next several days to Japan and South Korea, in part, to finalise the terms of investments from those countries as part of an agreement to minimise the tariff rates Trump is charging on foreign goods. Hong Kong's Hang Seng dropped 1% to 25,769.83, while the Shanghai .

Asian stocks rise on easing US-China trade tensions, Nikkei hits record

A broad rally sent all three major US stock indexes to a sharply higher close overnight with chip stocks hitting a record high

Asian shares rise on earnings optimism, US inflation seen as minor hurdle

Japan's Nikkei led Asia higher with a rise of 1.5 per cent encouraged by news the Liberal Democratic Party and the Japan Innovation Party have agreed to form a coalition government