Asian Stocks

Asian shares trade mixed as oil prices rise amid Iran war uncertainty

Asian shares were trading mixed Monday after a cooldown in oil prices last week helped US stocks close out their first winning week in the last three. Japan's benchmark Nikkei 225 was little changed, inching down less than 0.1% to 66,333.53. Australia's S&P/ASX 200 added 0.3% to 8,688.60. South Korea's Kospi dipped 2.3% to 6,916.30. Hong Kong's Hang Seng rose 0.7% to 24,684.09, while the Shanghai Composite lost 1.7% to 3,820.82. In energy trading, benchmark US crude gained 1% to $93.33 a barrel. Brent crude, the international standard, rose 1.8% to $106.19 a barrel. Last week, Brent oil had momentarily dropped to $97-levels. The price is volatile because of uncertainty about when the war with Iran will allow oil to flow freely again from the Middle East, including access to the Strait of Hormuz. On Wall Street, the S&P 500 added 0.5% to break a three-day losing streak marked by big swings due to rising yields in the bond market. The Dow Jones Industrial Average added 478 ...

Asian shares steady as bond selloff lifts US yields to two-decade highs

Asian shares held steady as a global bond selloff pushed long-term US yields to multi-year highs

Asian shares eye sixth straight session of gains as AI stocks rally

Renewed buzz over AI helped South Korean stocks gain 1.2%, with Samsung and SK Hynix both up over 2%

Asian markets edge higher on tech rally, dollar firms on rate-hike bets

Attention is also turning to a high-stakes meeting between Donald Trump and Xi ​Jinping later this week

Asian markets edge higher as AI-driven chip demand lifts tech stocks

Japan's Nikkei was shut but futures rose 0.5%, while South Korea's tech-heavy index gained 1.1%

Asian stocks rise as oil prices fall, yen wobbles ahead of BOJ meet

Traders also took their cues from a rally on Wall Street overnight, led by beaten-down tech stocks

Asian shares trade mixed after Wall Street falls following Fed rate hike

Asian shares were mixed on Thursday after Wall Street closed lower following the Federal Reserve's interest rate hike decision for the first time in three years. US futures were higher. The quarter of a percentage point increase brings the Fed's key rate to a target range of 3.75%-4.00%, as it attempts to control US inflation that's been stubbornly above its target. Japan's Nikkei 225 index was 0.2% higher at 64,067.53. South Korea's Kospi gained 0.9% to 6,778.49. The Hong Kong Hang Seng fell 0.7% to 24,533.46, while the Shanghai Composite index lost 0.4% to 3,877.46. Australia's S&P/ASX 200 climbed 0.3% to 8,718.20. Taiwan's Taiex jumped 1.3%, while India's Sensex edged up 0.3%. On Wednesday, Wall Street's benchmark S&P 500 dropped 0.5%. The Dow Jones Industrial Average fell 1.2%, and the technology-heavy Nasdaq composite was mostly unchanged. Market reactions were "pretty much expected since the rate rise was also in line with market expectation," said Lorraine Tan, director

Asian stocks edge higher ahead of Fed decision as yields, oil pause

Overnight on Wall Street, the S&P 500 slumped 0.5%, marking its second consecutive day of declines as the yield on the 10-year Treasury bond hit its highest level since 2007

Asian shares slip as oil and yields rise ahead of Fed, BOJ meetings

Asian equities struggled as investors assessed rising oil prices, West Asia tensions and concerns over AI development ahead of key US and Japan central bank meetings

Asian AI stocks slide as top lab CEOs call for slower development of tech

SoftBank, Kioxia, SK Hynix and other AI-linked stocks fell in Asian trade after Anthropic's Dario Amodei, Elon Musk and Sam Altman backed calls to slow AI development

Asian shares slide as oil spike fuels inflation, rate hike concerns

With shipping through the strait and the Bab el-Mandeb under threat, analysts fear oil prices could stay elevated for a lengthy period, stoking inflation globally

South Korea tests global investor appetite with longer trading hours

Korea Exchange will extend trading in nearly all local stocks until 8 pm, seeking to boost foreign participation

Asian stocks slide as oil tops $100, investors brace for US inflation data

MSCI's Asia-Pacific index fell 1 per cent, while Japan's Nikkei and South Korea's KOSPI dropped more than 1 per cent as investors weighed higher oil prices and the outlook for US monetary policy

Asian stocks waver as yen surges, Iran retaliation threat lifts oil prices

Japan's ​Nikkei 225 fluctuated between gains and losses before edging up 0.2%, as the yen jumped ‌as much as 0.6% to 153.51, its strongest level since February 18

Asian tech shares surge as strong US jobs data boosts growth hopes

In Asia, enthusiasm for tech stocks saw Japan's Nikkei rebound 2.2 per cent, after losing a similar amount last week, while South Korea rallied 3.1 per cent

Asian shares climb as Fed rate hike fears ease ahead of US jobs data

Asian shares rose as investors awaited key US jobs data, while the yen rallied 2.6% this week after Fed Governor Christopher Waller eased fears of a rate hike

Asian markets tumble as US-Iran fighting lifts oil and bond yields

Brent crude futures extended gains into a second day as trading resumed in Asia, rising 0.7 per cent to $95.34 a barrel after the US launched a barrage of airstrikes on Iran

Asian shares slide as US-Iran fighting lifts oil; rate hike bets rise

Asian stocks fell as renewed US-Iran fighting pushed Brent crude above $90 a barrel, while hawkish Fed signals lifted bets on a September rate hike

Asian stocks gain for third day as Nvidia earnings beat estimates

MSCI's broadest index of Asia-Pacific shares excluding Japan was up 0.7 per cent, on track to ‌extend gains into a third consecutive day after Nvidia reported that quarterly revenue more than doubled

Asian stocks rise as oil prices fall on hopes for Hormuz reopening

Investors awaited Nvidia's second-quarter earnings later in the day, with the focus on whether the massive AI spending boom is sustainable and can turn profits that will satisfy markets