Page 10 - Asian Stocks

Asian stocks muted, gold near record as BOJ holds rates, yen steadies

Rising odds of the Japanese central bank raising interest rates have helped push the yen 5 per cent higher against the dollar

Asian shares fall despite Wall St rebound as investors eye trade war moves

Asian shares were mostly lower on Thursday despite a rebound on Wall Street fuelled by an encouraging update on US consumer prices. US futures fell and oil prices were little changed. Chinese markets slipped as investors watched for the next steps in President Donald Trump's trade war. Hong Kong's Hang Seng index shed 0.7% to 23,426.80, while the Shanghai Composite index lost 0.4% to 3,357.02. Tokyo's Nikkei 225 gained 0.5% to 37,014.82. South Korea's Kospi edged 0.1% lower, to 2,573.05. In Australia, the S&P/ASX 200 lost 0.4% to 7,756.10. Taiwan's Taiex shed 0.4% and the Sensex in India edged 0.1% higher. Bangkok's SET slipped 0.1%. On Wednesday, the S&P 500 gained 0.5% to 5,599.30 after skidding between an early gain of 1.3% and a later loss. The unsettled trading came a day after the index briefly fell more than 10% below its all-time high set last month. The Dow Jones Industrial Average also pinballed sharply before ending with a loss of 0.2% at 41,350.93. The Nasdaq ...

Asian shares slide as market selloff deepens on US economic growth worries

In Asia, it was a sea of red with Japan's Nikkei and Taiwan stocks sliding about 3 per cent, hitting their lowest level since September

Asian shares fall for third consecutive session, tracking US losses

Equity-index futures for the S&P 500 and the tech-heavy Nasdaq 100 slipped in early Asian trading, extending a decline on Monday as Wall Street tempered bullish views

Emerging Asian currencies dip with stocks as investors avoid risk

Risk aversion picked up across financial markets on Monday, with investors buying gold, the yen and the Swiss franc due to concerns the period of US economic strength may be ending

Markets rally on firm Asian shares, buying in power, utility stocks

Equity benchmark indices Sensex and Nifty rallied in early trade on Monday, tracking firm trends in Asian markets and buying in power and utilities shares. The 30-share BSE Sensex climbed 324.67 points or 0.44 per cent to 74,657.25 in the morning trade. On the similar lines, the Nifty of NSE rose 98.45 points or 0.44 per cent to 22,650.95. From the Sensex pack, Power Grid, Bajaj Finance, Bajaj Finserv, NTPC, Hindustan Unilever, Adani Ports, Bharti Airtel, Nestle India, HCL Technologies and Infosys were among the gainers. On the other hand, IndusInd Bank, Mahindra & Mahindra, Zomato, Titan, Larsen & Toubro and Maruti Suzuki India were the laggards. Devarsh Vakil, Head of Prime Research, HDFC Securities, said, "Market volatility persisted amid uncertainty over President Trump's announced tariffs -- 25 per cent on Canadian and Mexican imports and an additional 10 per cent on Chinese imports-- though the administration later announced various exemptions and delays." In Asian ...

Asian shares slip as investors brace for uncertainty, await US jobs report

Asian shares were mostly lower on Friday, with Tokyo's benchmark down more than 2% after a sell-off on Wall Street. US futures and oil prices were higher. Bitcoin was trading near $88,266, down 3.4% according to CoinDesk, after President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency's journey towards possible mainstream acceptance. China reported lower than expected exports and imports for January-February, with exports growing just 2.3% and imports sinking 8.4%, the government said. China's trade data for the first two months of the year are usually combined to make up for distortions from Lunar New Year holidays. US stocks fell after President Donald Trump offered another temporary reprieve from his 25% tariffs on many goods imported from Mexico and Canada, underscoring the uncertainty the tariffs have created for the global economy. Investors showed little enthusiasm, unlike the bounce stocks got

Asian shares rebound as investors cheer Trump's pullback on some tariffs

Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after President Donald Trump pulled back on some of his tariffs hikes. US futures were little changed, while benchmarks surged in Japan and China. Trump's decision to give a one-month exemption for US automakers on his 25% tariffs for Mexican and Canadian imports raised hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. Tokyo's Nikkei 225 index gained 0.8% to 37,704.93. Japanese automakers' shares surged in US trading, though Toyota Motor Corp's shares fell back in Tokyo trading. losing 1%. Honda Motor Corp. gained 2% and Nissan Motor Co. rose 1.1%. Hong Kong's Hang Seng index jumped 3.3% to 24,362.68 following Chinese government reports to the annual legislative session that showed a greater resolve by Beijing to boost consumer spending and other domestic demand. The Shanghai Composite index advanced 1.2% to 3,381.10. South Korea's Kospi jumped 0.7% to 2,576.

Asian share markets in tense wait for US tariff news; bitcoin surges

Bitcoin, the world's largest cryptocurrency by market value, shot up more than 11 per cent to $94,110, while ether, the second-largest cryptocurrency, climbed 14 per cent to $2,528

Asian shares fall amid AI tech doubts, Trump tariff hikes, and Wall St dip

Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology. President Donald Trump's decision to push ahead with 25% tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% also left investors reeling. Tokyo's Nikkei 225 index lost 3.4% to 36,939.89, pulled lower by plunging prices for shares in technology companies. Computer chip test equipment maker Advantest sank 9.4%, Disco Corp., another equipment maker, lost 11.1% and Tokyo Electron shed 5.3%. Hong Kong's Hang Seng index lost 2.3% to 23,175.49, while the Shanghai Composite index lost 0.9% to 3,358.28. South Korea's Kospi gave up 3.2% to 2,538.07. In Australia, the S&P/ASX 200 shed 1.1% to 8,174.10. On Thursday, the S&P 500 sank 1.6% to 5,861.57 and the Dow Jones Industrial Average dropped 0.4% to 43,239.50. The Nasdaq composite tumbled

Asian shares get China boost, gold heads for eighth straight weekly gain

Chinese stocks have been on a tear in recent days, driven by DeepSeek's AI breakthrough

Asian shares dip as S&P 500 continues its record rally on Wall Street

Asian shares traded mostly lower Thursday after a quiet day on Wall Street, where the S&P 500 added to its record. Worries about US President Donald Trump's tariff policies remain high on regional investors' minds. Japan's benchmark Nikkei 225 dropped 1.2% to finish at 38,678.04. Australia's S&P/ASX 200 declined 1.2% to 8,322.80, while South Korea's Kospi lost nearly 0.7% to 2,654.06. Hong Kong's Hang Seng dipped 1.3% to 22,640.18, after China left its benchmark interest rate unchanged, in a move it said was meant to maintain financial stability. The Shanghai Composite shed less than 0.1% to 3,349.60. The yuan has been under siege, with foreign-exchange outflows surging last month as Trump's tariff rhetoric sent shockwaves through markets, said Stephen Innes, managing partner at SPI Asset Management. On Wall Street, the S&P 500 rose 0.2% after setting an all-time high the day before. The Dow Jones Industrial Average picked up 71 points, or 0.2%, while the Nasdaq composite .

Asian stocks stutter after Trump vows tariff on auto, drugs, chips

NEW YORK/SINGAPORE (Reuters) -Asian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of U.S President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.

Asia shares rise on tech gains, Japan's yen boosted by strong GDP growth

For now, investors were just relieved that major tariffs had not already been introduced and MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.3 per cent

Asian stocks rise with Wall Street as dollar eases on US tariff plans

Trump's plans to impose reciprocal tariffs on every country taxing US imports have stoked concerns of a global trade war

Asia shares slip, dollar up with yields as Trump's trade tariffs loom

China's retaliatory tariffs on some US exports are due to take effect on Monday, with no sign as yet of progress between Beijing and Washington

Asian stocks tick up as traders eye US payrolls data, yen at 2-month high

Beijing's measured tit-for-tat response has left room for negotiations, analysts say, and that has allowed traders to focus on the AI theme in Asia

Asian shares track Wall Street higher as treasury yields languish near lows

US Treasury yields were hovering near their lowest in over a month on Thursday, as investors pondered the outlook for rates in the world's largest economy

Asian stocks slump, dollar soars as Trump tariffs trigger trade war

Trump slapped Canada and Mexico with duties of 25 per cent and China with a 10 per cent levy at the weekend, as he had threatened last month, calling the measures necessary

Asian stocks ease; dollar, gold firms amid lingering tariff fears

With markets in mainland China, Hong Kong and Taiwan still closed for the Lunar New Year, the return of South Korea grabbed the spotlight in Asia