Shares in Asia-Pacific mixed as investors await China inflation data

Shares in Asia-Pacific mixed as investors await China inflation data


SINGAPORE — Shares in Asia-Pacific were mixed Monday morning as investors look ahead to the release of Chinese inflation data for March.

The Nikkei 225 in Japan slipped 0.61% in early trade while the Topix index shed 0.35%. South Korea’s Kospi dipped 0.47%.

Australia’s S&P/ASX 200 climbed 0.1%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.08% lower.

Stock picks and investing trends from CNBC Pro:

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 99.786 after recently crossing the 100 level.

The Japanese yen traded at 124.38 per dollar, weaker as compared to levels below 123.2 seen against the greenback last week. The Australian dollar was at $0.7444 following last week’s drop from above $0.763.

Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures down 1.59% to $101.15 per barrel. U.S. crude futures shed 1.67% to $96.62 per barrel.



Source

The number of ‘tariff’ mentions soar past ‘AI’ on earnings calls as Trump’s trade fight alters outlook
World

The number of ‘tariff’ mentions soar past ‘AI’ on earnings calls as Trump’s trade fight alters outlook

Move over artificial intelligence. There’s a new hot topic on corporate earnings calls in 2025: tariffs. The word “tariffs” has come up on more than 350 earnings calls of S & P 500 -listed companies reporting first quarter results, according to a CNBC analysis of call transcripts compiled by AlphaSense. By contrast, the term “AI” […]

Read More
First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
World

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]

Read More
This consumer products stock is rushing to leave China and Wall Street is betting it can pull it off
World

This consumer products stock is rushing to leave China and Wall Street is betting it can pull it off

Wall Street is optimistic SharkNinja will be able to move its sourcing completely out of China. The company, which manufactures appliances such as vacuums and the Ninja Creami ice cream maker, rallied nearly 13% on Thursday following a first-quarter earnings beat. SharkNinja raised its guidance for its fiscal-year earnings, revenue growth and adjusted EBITDA estimates. […]

Read More