NIKKEI ASIA
Asian shares head for five-month winning streak; yen slides Asian stocks rise on Fed rate cut hopes and U.S. inflation worries. AI boom drives Wall Street to record highs. Yen hits 38-year low, impacting Japanese markets. Gold market pressured by strong dollar.
28 Jun, 2024, 11.37 AM ISTAsia stocks down, yen slump keeps markets on intervention alert Asian shares fell on inflation worries, pushing bond yields higher. The yen's decline raised intervention fears. The dollar surged against major currencies. Markets reacted to unexpected inflation hikes. Uncertainties in commodity markets added to t...
27 Jun, 2024, 09.42 AM ISTAsian shares shaky as investors wary before US inflation data Asian stocks hesitated in early trade amid anticipation for a crucial U.S. inflation reading. Concerns over potential Japanese intervention lingered as the yen approached 160 per dollar. Japan and Taiwan stocks rallied, while China's market saw a sl...
26 Jun, 2024, 08.02 AM IST- ADVERTISEMENT
Asia stocks rally as rate cut bets gather momentum; ECB in focus Asian shares rose on Fed rate cut expectations and ECB meeting. Oil prices climbed, Treasury yields fell. Asia-Pacific shares outside Japan gained 1.14%, led by tech stocks.
06 Jun, 2024, 08.18 AM ISTAsia shares rally on hopes for more rate cuts this week Asian share markets rose on Monday as investors anticipated rate cuts by the European Central Bank and possibly the Bank of Canada. Sticky inflation may prolong the easing process.
03 Jun, 2024, 07.40 AM ISTAsia stocks gain, dollar drifts as inflation tests await Asian stocks rose for the fourth month, while the dollar drifted lower. Investors await inflation readings from Europe and the U.S. for interest rate guidance.
31 May, 2024, 08.08 AM ISTTokyo's key Nikkei index closes lower Tokyo's main stock index closed lower on Tuesday, in line with broad losses in Asia, as investors look ahead to the release of key US inflation data. Global investors are keenly awaiting the release Friday of the US personal consumption expenditures...
28 May, 2024, 01.05 PM ISTAsia shares drift after rally, Wall Street reopen in focus Asian shares mixed after rallying, with rising bets of European rate cut and key inflation data boosting risk appetite. Wall Street futures firm ahead of U.S. market reopening after holiday.
28 May, 2024, 07.57 AM ISTIndia's growing weight will ensure overall global balance remains in favour of freedom, openness: Jaishankar External Affairs Minister S Jaishankar highlighted India's increasing influence in maintaining a global order favoring freedom and transparency. Addressing the Nikkei Asia Future of Asia Forum, he emphasised the challenges posed by supply chain issu...
24 May, 2024, 05.19 PM ISTAsia stocks weaken on the patient approach to rate cuts MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in some commodity prices.
23 May, 2024, 08.03 AM ISTAsia shares touch two-year top as China plans property boost Brent crude futures touched a one-week high of $84.14 a barrel in early trade, with the crash, in heavy fog, of a helicopter carrying Iran's president drawing traders' attention to the Middle East. Gold hovered close to a record high at $2,423 an o...
20 May, 2024, 08.41 AM ISTAsia rides Wall St rally, dollar sags on US inflation relief The data provided palpable relief to markets after higher-than-expected U.S. consumer prices in the first quarter had led to a sharp paring of rate cut bets, and even stoked some worries of an additional hike.
16 May, 2024, 07.47 AM ISTAsian shares hit 15-month high as traders wait for CPI MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023 in morning trade, as a strong rally in Hong Kong shares extended into a fourth consecutive week.
14 May, 2024, 07.44 AM ISTArm plans to launch AI chips in 2025: report Arm Holdings to launch AI chips in 2025, with SoftBank's involvement. TSMC negotiations ongoing. Investors anticipate SoftBank's earnings report for growth investment clues amid a surge in AI computing interest.
13 May, 2024, 07.47 AM ISTUS to impose sanctions on Chinese banks for assisting Russia in Ukraine war US State Secretary Antony Blinken, during a meeting with Chinese President Xi Jinping last month, urged Beijing to end military support for Moscow. Earlier in December, US President Joe Biden gave the Treasury Department authority to impose secondar...
11 May, 2024, 08.00 PM ISTAsia stocks drift, dollar firm as Fed rate path pondered MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.19%, weighed down partly by declines from mainland Chinese blue chips. However, Hong Kong's Hang Seng rose 0.52%.
08 May, 2024, 08.07 AM ISTAsia shares rise on rate cut bets; RBA seen turning hawkish Demand will be tested at a $58 billion three-year note auction on Tuesday, which is followed by $42 billion in 10-year sales on Wednesday and $25 billion of 30-year sales on Thursday.
07 May, 2024, 07.54 AM ISTNikkei leads Asia higher as yen skids; commodities in demand There was also action in commodities as gold reached another record, oil a five-month peak and copper a 13-month top, helping lift shares in basic materials and energy companies.
04 Apr, 2024, 07.42 AM ISTAsia stocks steady; Nikkei bruised by BOJ pivot bets Japan's Nikkei was headed for a fourth successive day of loss - its longest losing streak in about five months - as a potential policy pivot from the Bank of Japan (BOJ) at its meeting next week draws near.
14 Mar, 2024, 10.03 AM ISTNikkei leads Asia higher into event-packed week All eyes will be on Federal Reserve Chair Jerome Powell when he testifies before lawmakers on Wednesday and Thursday, though analysts assume he will stay in wait-and-see mode on policy given recent upside surprises on inflation.
04 Mar, 2024, 08.03 AM IST