Page 5 - Asian Stocks

Asian stocks rise on AI optimism, oil slips after Gaza ceasefire deal

Stocks in Taiwan climbed 1.2 per cent to a fresh record, while MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.3 per cent

Asian shares mostly fall after US stocks retreat; gold tops $4,000 an ounce

Shares were mostly lower in Asia on Wednesday after US stocks sank to their first loss in eight days, losing momentum after the price of gold topped $4,000 per ounce for the first time. The price of gold was up $25.40 at $4,029.60 an ounce. US futures and oil prices also advanced. The Japanese yen fell sharply against the dollar on expectations that Sanae Takaichi, the conservative lawmaker likely to become the next prime minister, will push to keep interest rates low. The dollar rose to 152.53 yen from 151.90 yen, while the euro slipped to $1.1621 from $1.1659. Tokyo's benchmark Nikkei 225 edged 0.1% higher to 48,002.18. Takaichi, who the ruling Liberal Democrats chose as their leader last weekend, is expected to increase spending and to advocate for easier credit, possibly slowing efforts by the Bank of Japan to raise its key interest rate. It has remained near zero for years, even as inflation has exceeded its target of about 2%, outpacing wage increases. While the economic c

Asian stocks clock weekly gains on Fed rate cut wagers, AI fervour

Asian markets were taking cues from Wall Street, where all three major indexes closed at record highs buoyed by technology stocks as investor enthusiasm for all things AI remains unchallenged

Tech leads Asia share rally, gold near record high on Fed rate cut bets

Taiwan's tech-heavy bourse jumped 1.5 per cent, while South Korea's KOSPI shot up 2.8 per cent after chip heavyweights Samsung and Hynix inked partnerships to supply OpenAI data centres

Asian shares rise, gold climbs amid US govt shutdown concerns; crude falls

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 per cent in early trading, poised for a 5.6 per cent gain this month that would be the best in a year

Asian markets edge higher as investors eye possible US govt shutdown

MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.4 per cent, to be up almost 4 per cent for the month

Asia stocks slide as Trump slaps new pharma tariffs, Fed cut bets recede

Shares of pharmaceutical companies across Asia tumbled in the aftermath, with Japan's Topix pharmaceutical index last down 1.2 per cent, while Hong Kong-listed innovative drug index fell 2 per cent

Asian stocks pause as month-end flows loom, yen weakens against euro

Oil prices slipped, after surging over 2 per cent overnight to seven-week peaks as a surprise drop in US crude inventories added to supply worries

Asian stocks fall after Powell's remarks, Wall Street overnight losses

SINGAPORE (Reuters) -Stocks began the day on the back foot on Wednesday in Asia after declines on Wall Street overnight following comments from Federal Reserve Chair Jerome Powell that gave little indication about the future path of interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.2% in early trade, after U.S. stocks ended the previous session lower. The S&P 500 was down 0.6%, marking its biggest one-day loss in three weeks.

Asian stocks rise on AI optimism as tech surges, gold at fresh peaks

The rush into tech has been a boon for chip sectors in many Asian markets, with South Korean stocks up 0.2 per cent, having surged almost 9 per cent this month

Asian stocks edge up as Trump visa crackdown weighs on market sentiment

US stock futures eased in early trading with the S&P futures down 0.1 per cent

Asian shares to end big central bank week with gains, Nikkei hits record

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent on Friday but is still set for a weekly rise of 0.5 per cent, hovering not far from its four-year tops

Asian shares rise as US stocks stay near record highs after Fed rate cut

Asian shares, led by tech stocks, were mostly higher Thursday after Wall Street indexes churned between gains and losses but ultimately remained near their record levels following the Federal Reserve's decision to cut its main interest rate. Japan's Nikkei 225 rose 1.3 per cent to 45,365.98, with tech-related stocks including Disco, Tokyo Electron and SoftBank among the gainers. The Bank of Japan started its two-day policy meeting, with rates expected to be left unchanged. South Korea's Kospi added nearly 1.3 per cent to 3,455.98, with chipmakers SK Hynix and Samsung Electronics among advancers. The Chinese markets were mixed. Hong Kong's Hang Seng slipped 0.2 per cent to 26,856.02, while the Shanghai Composite index added nearly 0.5 per cent to 3,893.95 on optimism over trade negotiations with the US and a potential TikTok agreement. Australia's S&P/ASX 200 dipped 0.5 per cent to 8,778.60 with data released Thursday showing the jobless rate was unchanged at 4.2 per cent in ...

Asia stocks scale new highs, dollar weakens ahead of Fed rate cut decision

Expectations of imminent Fed rate cuts have kept the market mood buoyant over the past few sessions and sent stocks scaling new highs

Asian shares mostly higher as Wall Street closes previous week near records

Asian shares were mostly higher Monday, after Wall Street finished the previous week near their record levels. Hong Kong's Hang Seng added 0.4 per cent to 26,505.18. The Shanghai Composite edged up 0.2 per cent to 3,878.57. Worries are simmering about China's economy, as analysts say the data for August aren't strong enough to reflect ongoing dynamic growth, especially given the damage from US President Donald Trump's tariff policies. China's retail sales rose 3.4 per cent, and factory output was up 5.2 per cent. The underlying flow is shifting. For years, Beijing leaned on exports as the carry trade that kept growth rolling even as property cracked. But with Trump's tariffs slicing through supply chains, that leg of the trade is gone, said Stephen Innes, managing partner at SPI Asset Management. Australia's S&P/ASX 200 lost 0.3 per cent to 8,836.50, while South Korea's Kospi gained 0.4 per cent to 3,409.94. Stock trading was closed Monday for a national holiday in Japan. Wall ...

Politics drive investment divide across Southeast Asia's top markets

Thailand is seen as coming from the bottom toward stabilising as the new cabinet gets formed, but Indonesia seems to be heading the opposite direction - from bad to worse

Asian markets rally to record highs on Fed easing cycle, AI earning hopes

Indexes in Japan, South Korea and Taiwan all scaled record peaks, urged on by extravagant expectations for AI-related earnings growth

Asia stocks gain, bonds fall as traders judge odds of bigger Fed cut

Gold caught its breath after Tuesday's record high, while the dollar ticked higher, with two crucial days of US inflation figures

Asian shares rise as Fed rate cut hopes boost sentiment across markets

Asian shares mostly rose Tuesday as hopes grew, also on Wall Street, that US data reports set for release later in the week would lead the Federal Reserve tocut interest rates at its next meeting. Japan's benchmark Nikkei 225 edged up nearly 0.3% in morning trading to 43,763.96. Australia's S&P/ASX 200 declined 0.5% to 8,806.60. South Korea's Kospi climbed 0.6% to 3,238.07. Hong Kong's Hang Seng surged 1.2% to 25,949.48, while the Shanghai Composite rose 0.1% to 3,831.45. Asian markets opened Tuesday with momentum, riding Wall Street's conviction that Fed cuts are no longer a question of if but how many. Nearly three reductions are now being priced before year-end. That expectation is washing through global markets like a spring tide, said Stephen Innes, managing partner at SPI Asset Management. On Wall Street, the S&P 500 added 0.2% and finished just below its record set last week. The Dow Jones Industrial Average rose 114 points, or 0.3%, and the Nasdaq composite climbed ...

Asian stocks track Wall Street higher, bond yields ease before US payrolls

The US dollar eased slightly, giving up small gains from Thursday, when it was buoyed by soft labour market figures