Asia-Pacific markets trade mixed after subdued Wall Street session

Asia-Pacific markets trade mixed after subdued Wall Street session

Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets traded mixed Friday following a subdued Wall Street session. Australia’s ASX/S&P 200 added 0.19% to 8,634.6. Japan’s benchmark Nikkei 225 index lost 1.05% to close at 50,491.87, while the Topix declined 1.05% to 3,362.56. Yields on the Japanese 10-year government bond rose to 1.94%, … Read more

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data

Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions … Read more

SoftBank soars 8% as Japanese tech stocks track gains in U.S. peers

SoftBank soars 8% as Japanese tech stocks track gains in U.S. peers

Panoramic view of Busan city, South Korea taken on sunrise. Alex Veprik | Moment | Getty Images SoftBank led gains in Japanese tech-related stocks Wednesday, tracking Wall Street peers, and boosting the Nikkei 225. Tech-focused investment major SoftBank rose more than 8%, snapping a three-session streak of losses. Japan’s Tokyo Electron, which provides essential chipmaking … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Asia-Pacific markets start December mostly lower with China’s manufacturing data in focus

Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December mostly in the red Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve … Read more

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets rose Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. Expectations … Read more

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent  and hopes of a Fed rate cut. Optimism about Alphabet’s … Read more

Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe

Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe

Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth … Read more

Asia markets mixed as revived AI trade lifts Japan and South Korea stocks

Asia markets mixed as revived AI trade lifts Japan and South Korea stocks

A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets traded mixed Tuesday after Wall Street gains on revived artificial … Read more