Asia-Pacific markets mostly rise after tech rally pushes Wall Street higher

Asia-Pacific markets mostly rise after tech rally pushes Wall Street higher


The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai.

Bruce Yuanyue Bi | The Image Bank | Getty Images

Asia-Pacific markets mostly rose Tuesday after all three key benchmarks on Wall Street rose on a tech rally.

Japan’s benchmark Nikkei 225 started the day 1.12% higher, while the broader Topix index was rose 1.31%.

In South Korea, the Kospi index added 0.44% in early trade, while the small-cap Kosdaq fell 0.26%.

Meanwhile, Australia’s S&P/ASX 200 was flat.

Futures for Hong Kong’s Hang Seng index stood at 21,585, pointing to a stronger open compared to the HSI’s last close of 21,417.40.

India is expected to release its inflation figures for March later in the day. Economists polled by Reuters’ expect the country’s consumer price index reading to come in at 3.60%, compared to 3.61% in the month before.

A separate poll indicates that India’s wholesale price index is forecast to come in at 2.5% in March, from 2.38% in February.

U.S. futures slipped as investors awaited first-quarter earnings reports and weighed U.S. President Donald Trump’s tariff plans.

Notices by the U.S. Commerce Department indicated that it would be investigating the impact of “imports of semiconductors and semiconductor manufacturing equipment” as well as “pharmaceuticals and pharmaceutical ingredients, including finished drug products,” on national security in the U.S.

Overnight stateside, stocks rose in a choppy session, thanks to a rally in tech names spurred by a surprise tariff exemption from Trump.

The Dow Jones Industrial Average added 312.08 points, or 0.78%, to close at 40,524.79. The Nasdaq Composite rose 0.64% to end at 16,831.48, while the S&P 500 added 0.79% and settled at 5,405.97.

— CNBC’s Lisa Kailan Han, Alex Harring and Sean Conlon contributed to this report.



Source

Chinese state media says Nvidia H20 chips not safe for China
World

Chinese state media says Nvidia H20 chips not safe for China

Visitors visit the NVIDIA booth at the 3rd China International Supply Chain Expo in Beijing, China, on July 20, 2025. Nurphoto | Nurphoto | Getty Images Nvidia’s chips pose security concerns for China, a social media account affiliated with China’s state media said on Sunday, after Beijing raised concerns over backdoor access in those chips. […]

Read More
China wants US to relax AI chip-export controls for trade deal, FT reports
World

China wants US to relax AI chip-export controls for trade deal, FT reports

A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images China wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between Presidents Donald Trump and Xi Jinping, […]

Read More
‘Loud luxury’ is back as high-end brands look to rebound
World

‘Loud luxury’ is back as high-end brands look to rebound

A guest wears red knitted Gucci x Adidas sweater, outside Bluemarble, during the Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 26, 2025 in Paris, France. Claudio Lavenia | Getty Images “Loud luxury” is poised for a comeback as ailing fashion houses attempt to inject a sense of newness and novelty […]

Read More