Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets opened mixed as investors kept an eye on the talks between the U.S. and China in Spain, and awaited a slate of data from Beijing. U.S. and Chinese officials began talks in Madrid Sunday to discuss key national security, economic,…
Atlantide Phototravel | Corbis Documentary | Getty Images Shares of SK Hynix jumped Friday after announcing that it had finished developing HBM4, the latest generation of high-bandwidth memory seen as vital for artificial-intelligence applications. Its shares rose over 7% to hit the highest since 2000 as of 9.40 p.m. ET Wednesday, marking its ninth day…
Japan’s benchmark Nikkei 225 led gains in Asia Thursday to notch a record high of 44,251.65, mirroring gains on Wall Street overnight on Fed-rate cut hopes and positive inflation data. One of Nikkei 255’s heavyweights, tech investment firm SoftBank Group, jumped nearly 10% to notch a second straight day of gains. Other top movers were…
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were set to open mostly higher Wednesday ahead of key August inflation data from China. The mainland’s August consumer price index is expected to fall 0.2% from the previous year, according to economists…
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets mostly fell on Wednesday after Wall Street gained overnight. India’s markets will also be in focus as the U.S. tariffs take effect. The country currently faces additional tariffs of up to 50% on exports to the U.S., after the Trump…
Dukai Photographer | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and awaited China’s loan prime rate decision. Japan’s exports dropped 2.6% year over year in July, notching its steepest drop in over four years. The fall was sharper than the 2.1% contraction expected by…
Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
Australian stocks extend gains to fresh record high Australian stocks extended their gains for a second day, reaching a new record high. The 200-stock benchmark S&P/ASX 200 rose 0.14% to 8,856.80 as of 10.48 a.m. Australian Eastern Standard Time (8:48 p.m. ET Monday), after hitting a fresh high of 8,828.67 earlier in the session. Stock…
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. As of 8.06 a.m. Singapore time (8.08 p.m. ET Wednesday), Japan’s Nikkei 225 benchmark was flat while the broader Topix index ticked up 0.19%. In South Korea, the Kospi index fell 0.12% while the small-cap Kosdaq was unchanged. Over in Australia, the S&P/ASX 200 benchmark was flat….
Asia-Pacific markets start the day lower Asia-Pacific markets started the day mixed Monday. Japan’s Nikkei 225 benchmark plunged 2.05%, while the broader Topix index declined by 1.86% as of 8:11 a.m. Singapore time (8:11 p.m. ET Sunday). In South Korea, the Kospi index ticked up 0.13%, while the small-cap Kosdaq added 0.53%. Over in Australia, the S&P/ASX 200 benchmark fell 0.21%….
