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File photo (Picture credit: AP) Asian stocks continued to climb for a second straight day on Tuesday as signs emerged that US lawmakers were close to resolving the country’s record-long government shutdown. The positive sentiment also lifted global markets, though oil prices remained subdued amid concerns about oversupply and slowing demand.At 0230 GMT, the Nikkei…
Asian equities climbed on Monday, supported by optimism that a US government shutdown may be avoided and recovering from last week’s concerns over AI valuations.Hong Kong’s HSI climbed to 26,409, up 167 points or 0.64%. Kospi traded up 112 points or 2.8%, reaching 4,065. In Japan, Nikkei gained 490 points or 0.98% to stand at…
Asian stock markets slipped on Friday as tracking Wall Street losses, as a weak stream of US economic data and uncertainty over future interest rate moves weighed down investor confidence.Hong Kong’s HSI dipped 241 points to 26,244. Kospi reached 3,929, falling 96 points or 2.4%. Japan’s Nikkei also fell 1.7% or 905 points. Shenzhen, meanwhile,…
File photo (Picture credit: AP) Asian shares gained on Thursday, recovering some of the previous session’s sharp losses as investor sentiment improved following upbeat US jobs data and a rebound on Wall Street. According to news agency AFP, the rally came after figures from payrolls firm ADP showed that US private sector employment jumped more…
The Japanese conglomerate, with its extensive AI investment portfolio spanning various sectors, saw a substantial $32 billion reduction in market capitalisation. (AI image) SoftBank Group’s shares saw a dramatic 14% decline on Wednesday, accompanied by broader falls across Asian AI-related companies, reflecting similar drops in their US counterparts. Investors displayed increasing caution towards the high…
Asian stocks traded mostly in red on Tuesday as investors weighed Wall Street’s tech rally amid concerns of tech bubble formation in the sector. Traders were also remaining cautious as Fed officials gave mixed signals about the next interest rate move. Japan’s Nikkei traded in red, down 188 points or 0.36% to reach 52,222 at…
Asian stocks advanced on Monday, kicking off the the week on the back of AI optimisim, after Wall Street saw another tech led rally.Hong Kong’s HSI jumped to 26,043, adding 136 points or 0.53%. Kospi also traded up 2.4%, reaching 4,209 at 9:25 AM IST. Shanghai also traded in green, reaching 3,956.Shenzhen, sank 1%, down…
Lee Soo-man arrives at the Asian Hall of Fame Induction Ceremony on Saturday, Nov. 1, 2025, at The Biltmore Los Angeles in Los Angeles. (Photo by Richard Shotwell/Invision/AP)1 Lee Soo Man resisted the title at first. “King of K-pop” sounded too brash, too nightclub-esque – like something you’d see on a neon sign in Itaewon,…
Asian shares are trading mixed on Friday after the Wall Street sank from record heights despite United States’s trade truce with China and profits of Big Tech giants exceeded expectations.Taiwan’s benchmark added 104 points or 0.37% to reach 28,392 at 10:31 AM IST. Japan’s Nikkei led the gains, jumping over 790 points to reach 52,118.Kospi…
Asian markets were mixed on Thursday as investors assessed the outcome of US President Donald Trump’s meeting with Chinese President Xi Jinping, alongside cautious signals from the Federal Reserve and the Bank of Japan’s steady policy stance. Trump described his meeting with Xi as “amazing,” announcing tariff reductions on Chinese goods to 47 per cent…
