Asia-Pacific markets slide after subdued Wall Street session

Asia-Pacific markets slide after subdued Wall Street session


Hong Kong Skyline

Nikada | E+ | Getty Images

Asia-Pacific markets opened lower Friday following a subdued Wall Street session.

Australia’s ASX/S&P 200 fell 0.17%.

Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG showed.

South Korea’s Kospi hovered just below the flatline, while the Kosdaq Index retreated 0.25%.

Futures for Hong Kong’s Hang Seng Index pointed to a lower open, trading at 25,900, against the index’s previous close of 25,935.9.

Investors will be keeping an eye on the upcoming Reserve Bank of India’s rate decision.

Overnight in the U.S., the three major averages traded mixed. The S&P 500 and Nasdaq Composite rose slightly as investors prepared for next week’s interest rate decision from the Federal Reserve.

The broad-based index inched up 0.11% to close at 6,857.12, while the Nasdaq Composite traded higher by just 0.22% to finish at 23,505.14. The Dow Jones Industrial Average slipped just 31.96 points, 0.07%, to 47,850.94.

— CNBC’s Sean Conlon and Pia Singh contributed to this report.



Source

India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says
World

India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says

India and the European Union on Monday closed a “landmark” free trade agreement, touted as the ‘mother of all deals,’ Indian Prime Minister Narendra Modi said during a speech at the India Energy Week on Tuesday. The FTA with the EU, which represents about 25% of global GDP and about a third of global trade, […]

Read More
European markets set to open higher as earnings come into focus
World

European markets set to open higher as earnings come into focus

Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks are expected to open higher Tuesday, as a busy earnings week gathers pace. The U.K.’s FTSE index is seen opening 0.18% higher, Germany’s DAX up 0.15%, France’s CAC 40 up 0.3%, and Italy’s FTSE MIB 0.4% higher, according to […]

Read More
South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs
World

South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs

The United States agrees to impose 15% tariffs on imports from South Korea under a trade deal for the vast majority of South Korean products, seen in this photo illustration in Brussels, Belgium, on August 1, 2025. Nurphoto | Nurphoto | Getty Images South Korea’s ruling Democratic Party said it would pass a special act […]

Read More