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Asian stock markets traded in red on Friday, mirroring Wall Street’s downward momentum as tech stocks continued to weigh down investor sentiments. Traders are struggling with concerns over heavy outlays on the artificial intelligence sector. Focus was also firmly on inflation numbers scheduled for release in the United States later in the session.In Hong Kong,…
US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or…
Asian share markets traded in green on Wednesday, as investors balanced about weak US consumer data and about concerns about American economy. Hong Kong’s HSI added 97 points or 0.36% to reach 27,280 at 9:30 am IST. Kospi also inched higher, up 46 points to 5,348. Japan’s Nikkei also extended its rally, adding 2.28% 1,286…
Asian stocks inched higher on Tuesday, as Japanese equities rose after investors reacted to the emphatic election result that ushered in the country’s first female prime minister. Hong Kong’s HSI jumped 120 points or 0.45% to reach 27,147. South Korea’s Kospi also traded in green, up 5 points to 5,303 at 9:30 am IST. Nikkei…
Asian markets started the week higher, with Tokyo leading the gains after Prime Minister Sanae Takaichi won a historic election victory. A strong lead from Wall Street also helped lift sentiment across the region. The sharp swings seen last week eased, as investors took comfort from hopes that Japan, the world’s fourth-largest economy, could now…
Foreign investors returned to Indian stock markets in the first week of February, investing over Rs 8,100 crore after three months of heavy selling. This is after they sold nearly Rs 62,000 crore worth of shares in the last three months. Improved investor sentiment amid a new trade deal with the US, helped bring them…
MUMBAI: Zero-duty access for diamonds and coloured gemstones to the US under the interim trade agreement framework will benefit the gems and jewellery sector, which was termed by industry leaders as a “critical inflection point” after bruising year for exports.The move could help reverse the sharp decline in shipments to India’s largest market, where cut…
Jeff Bezos loses World’s 4th richest position to Mark Zuckerberg as markets is ‘unhappy’ with Amazon’s … Amazon founder Jeff Bezos has slipped behind Meta CEO Mark Zuckerberg in the global wealth rankings after Amazon’s latest earnings report failed to meet market expectations. According to Forbes Billionaires List 2025, Jeff Bezos’ net worth was reduced…
Asian markets fell sharply on Friday as an extended sell-off in US technology stocks continued to weigh on investor sentiment. The losses came amid growing concern over heavy spending on artificial intelligence and uncertainty about when those investments will deliver returns. In Hong Kong, HSI was down 304 points or 1.13% as on 10:20 am…
Cryptogiant Bitcoin has suffered sharp losses since the beginning of 2026, tumbling over 20%. The digital currency has given up almost half of its value since October’s record peak of over $124,000, sliding to $67,000, now worth less than it was at the start of President Donald Trump’s second term. Bitcoin is often pitched as…
