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Asian equity markets mostly traded in green on Tuesday, extending the upward rally as investors sentiments were eased by hopes of US interest rate cuts and a concerns around artificial intelligence cooled. At the same time, gold and silver climbed to fresh record levels, adding to the upbeat mood ahead of the festive break.Taiwan gained…
Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
Asian markets fell sharply on Tuesday, following Wall Street’s losses, as investors remained cautious ahead of the release of key US employment and inflation figures. Concerns over a potential tech bubble added to the cautious mood.Hong Kong’s HSI was trading at 25,139, down 489 or 1.91%. Nikkei also trimmed 673 points or 1.34% to 49,494….
Asian shares traded mostly in red on Monday following data, after the Wall Street ended last week on a tough note, pulling US markets off record highs. The slump came after a decline in Chinese investment in November, highlighting the ongoing weakness in the world’s second-largest economy. Hong Kong’s HSI was down 0.92% or 240…
Asian markets rose on Friday, mirroring a record-breaking session on Wall Street following the Federal Reserve’s recent interest rate cut. Investors appeared optimistic, even as concerns over high tech valuations lingered after earnings disappointments from Oracle and Broadcom.Hong Kong’s HSI added 379 points or 1.48% to 25,909. Nikkei was trading up 429 points or 0.86%,…
Asian markets fell on Wednesday, mirroring a sluggish session on Wall Street, as investors waited for the Federal Reserve’s latest policy decision. The central bank is widely expected to cut interest rates for a third straight meeting, but all eyes are on the post-meeting statement, Chair Jerome Powell’s press conference, and the “dot plot” forecast…
Asian equities struggled on Tuesday, weighed down by a dip on Wall Street and caution ahead of major economic decisions. Hong Kong’s HSI dipped 1.1% to 25,481, shedding 284 points. Nikkei also traded at 50,550, down 0.06% or 31 points. Shanghai and Shenzhen joined the downward rally, trimming 0.27% and 0.37% respectively, at 11:20 AM…
Stock markets across Asia traded mixed on Monday as investors await an interest rate cut decision from the US Federal Reserve, scheduled for later this week.In Hong Kong, HSI dropped over 255 points, nearing 1% loss to trade at 25,829.Nikkei, meanwhile, added 44 points to 50,535. Shanghai and Shenzhen also gained 0.8% or 1.74%, respectively….
Asian equities traded mixed on Wednesday as global traders took their cue from another rally on Wall Street, although the enthusiasm remained limited ahead of crucial US economic data and next week’s Federal Reserve meeting.Hong Kong’s HSI was down 252 points or 0.97% to reach 25,842. Shenzhen and Shanghai also traded in red, down 0.09%…
Asian markets traded in red on Friday as investors reacted to a sharp drop on Wall Street.Hong Kong’s HSI dipped 301 points or 1.11% to 26,771. Nikkei also fell 847 points or 1.65% to reach 50,434 at 8:45 AM IST. Shanghai and Shenzhen also traded in red, falling 0.13% and 1.07%, respectively. In South Korea,…
