Page 7 - Asian Shares

Asian stocks slip from highs, dollar gains ahead of crucial 'tariff' week

Japan's broad Topix index, which had jumped more than 5 per cent over the previous two sessions to reach an all-time high, pulled back 0.7 per cent

Asian shares rally, Aussie dollar hits 8-month high on trade optimism

The Australian dollar, a common proxy for risk sentiment, fetched $0.66, just off $0.6604 hit earlier, which was the highest since November 2024

Asian stocks firm as investors look to tariff negotiations, earnings

Japanese markets returned to action after a holiday in the previous session following the weekend's election where the ruling coalition suffered a defeat in upper house elections

Asian markets, yen steady after Japan poll; focus turns to tech, trade

In Japan, the ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power as a tariff deadline looms

Asian shares track Wall Street higher, yen weak ahead of Japan vote

Overnight, the S&P 500 and the Nasdaq again closed at record highs as US data including retail sales and jobless claims beat forecasts, indicating a modest improvement in the economy

Asian shares rise, dollar firms ahead of US earnings; JGB yields surge

The benchmark 10-year JGB yield jumped to 1.595 per cent, highest since October 2008, while the 30-year yield hit an all-time high of 3.195 per cent

Wall Street, Asian stocks slip as Trump's tariff threats rattle investors

Trump on Saturday said he would impose a 30 per cent tariff on most imports from the EU and Mexico from August 1, even as they are locked in long negotiations

Asian shares mixed after Wall Street closes higher, nears fresh records

Asian shares were mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally. Chinese markets were sharply higher. The Hang Seng in Hong Kong added 1.6 per cent to 24,402.41, while the Shanghai Composite index climbed 1.1 per cent to 3,546.50. Tokyo's Nikkei 225 edged down 0.1 per cent to 39,662.19, while South Korea's Kospi was up 0.1 per cent to 3,185.15. Australia's S&P/ASX 200 slipped 0.1 per cent to 8,583.40. India's BSE Sensex was flat at 83,190.28. Just as the market was catching its breath at new highsdrunk on Nvidia fumes and blissfully ignoring the dollar's quiet groanPresident Trump tugged the rug again. A new act in the tariff opera: 35 per cent duties on Canadian imports, with a sweeping upgrade in blanket tariffs now floating between 15 per cent and 20 per cent," Stephen Innes of SPI Asset Management said in a ...

Asia stocks fall on US tariff uncertainty, oil slips on Opec+ move

The United States is close to finalising several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9

Asian shares tick up ahead of US payrolls test; Trump's tax bill in focus

The MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.2 per cent to hover just below a near four-year top. Japan's Nikkei was flat

Asian shares rise, dollar weaker as US tax bill vote keeps markets wary

Japan's Nikkei gauge of shares sank as much as 1.1 per cent as the yen climbed. Oil fell for a second consecutive session and gold advanced

Asia shares rise as tech rally lifts Wall Street, US jobs test looms large

SYDNEY (Reuters) -Asia shares firmed on Monday as seemingly unquenchable demand for technology companies lifted S&P 500 futures to another all-time peak, while the dollar dipped on concerns U.S. jobs data will show enough weakness to justify larger rate cuts.

Asia shares hit over three year high; dollar struggles on Fed concerns

Stock indexes worldwide look set to end the week on a positive note, with worries about tensions in the Middle East and uncertainty over tariffs and trade deals on the backburner for now

Asian stocks dip, dollar weakens as Trump escalates attack on Powell

Markets have been soothed by a ceasefire between Israel and Iran that appeared to be holding, reducing the risks of disruptions to the global oil trade and underpinning sentiment

Asian markets steady, dollar slips as Israel-Iran truce lifts mood

The dollar wallowed close to an almost four-year trough versus the euro with two-year US Treasury yields sagging to 1 1/2-month lows

Asian shares rally after Trump announces ceasefire between Israel, Iran

Stocks rallied Tuesday after US President Donald Trump announced a ceasefire in the Israel-Iran conflict, although the situation remained unclear as attacks continued. Trump said Israel and Iran had agreed to a complete and total ceasefire soon after Iran launched limited missile attacks Monday on a US military base in Qatar, retaliating for the American bombing of its nuclear sites over the weekend. Uncertainty remained, with Israel not immediately confirming any ceasefire. It was unclear what the missile launches would do for the ceasefire's timeline. Trump's announcement on Truth Social said the ceasefire wouldn't begin until about midnight Tuesday, Eastern time. He said it would bring an Official END to the war. US futures advanced, as contracts for the S&P 500 and the Dow Jones Industrial Average gained 0.5%. In Asia, Tokyo's Nikkei 225 rose 1% to 38,756.00 and the Hang Seng in Hong Kong gained 1.7% to 24,078.94. The Shanghai Composite index climbed 0.9% to 3,411.92. In Sou

Asian stocks slip, gold gains with yen as Middle East conflict rages

President Donald Trump kept the world guessing about whether the United States will join Israel's bombardment of Iranian nuclear sites, telling reporters outside the White House on Thursday

Asian shares slide, oil prices surge after Israel's strike on Iran

Markets in Asia opened lower early Friday while oil prices surged after Israel attacked Iran's capital amid the ramping up tensions over Tehran's rapidly advancing nuclear programme. US benchmark crude oil rose by $5.6, or 8.2%, to $73.61 per barrel. Brent crude, the international standard, increased by $5.52 to $74.88 per barrel. In share trading, Tokyo's Nikkei 225 fell 1.2% to 37,721.63 while the Kospi in Seoul edged 0.7% lower to 2,900.14. Hong Kong's Hang Seng retreated 0.4% to 23,929.62 and the Shanghai Composite Index lost 0.2% to 3,394.52. Australia's S&P/ASX 200 drifted 0.3% lower to 8,540.80. An Israeli attack on Iran poses a top ten of our global risk, but Asian markets are expected to recover quickly as they have relatively limited exposure to the conflict and growing ties to unaffected Saudi Arabia and the UAE, said Xu Tiachen of The Economist Intelligence. On Thursday, US stock indexes ticked higher following another encouraging update on inflation across the ...

Asian shares mixed as markets shrug at latest China-US trade deal

Asian shares were trading mixed early Thursday after Wall Street's rally stalled as investors appeared not to react much to the results of the latest round of China-US trade talks. US futures slipped while oil prices rose. Japan's Nikkei 225 lost 0.7 per cent to 38,160.80. Hong Kong's Hang Seng sank 0.7 per cent to 24,206.69, while the Shanghai Composite index edged 0.1 per cent lower to 3,400.30. In South Korea, the Kospi gained 0.4 per cent to 2,919.67, while Australia's S&P/ASX 200 edged 0.1 per cent higher to 8,604.70. On Wednesday, the S&P 500 fell 0.3 per cent to 6,022.24 for its first loss in four days. The Dow Jones Industrial Average was virtually unchanged at 42,865.77 after edging down by 1 point. The Nasdaq composite slipped 0.5 per cent to 3,400.30. All told, the S&P 500 fell 16.57 points to 6,022.24. The Dow Jones Industrial Average slipped 1.10 to 42,865.77, and the Nasdaq composite sank 99.11 to 19,615.88. Several Big Tech stocks led the way lower, and a ...

Asian shares gain as US, China agree on framework to advance trade deal

Asian shares mostly rose Wednesday after China and the US said they had agreed on a framework for following up on the trade truce reached last month in Geneva. US futures fell while oil prices edged higher. Japan's benchmark Nikkei 225 surged 0.6 per cent in afternoon trading to 38,450.76. Data from the Bank of Japan data showed wholesale inflation slowed in May, meaning there might be less pressure for the central bank to raise interest rates in its next policy board meeting. Hong Kong's Hang Seng gained 0.9 per cent to 24,381.39, while the Shanghai Composite rose 0.5 per cent to 3,402.97. Australia's S&P/ASX 200 edged up 0.2 per cent to 8,603.70. South Korea's Kospi added 1.0 per cent to 2,900.05. Tuesday on Wall Street, the S&P 500 rose 0.5 per cent to 6,038.81 as the trade talks between the world's two largest economies carried into a second day. The Dow Jones Industrial Average added 0.2 per cent to 42,866.87, and the Nasdaq composite gained 0.6 per cent to ...