Asia markets established for combined open as buyers await China’s trade figures for April

Asia markets established for combined open as buyers await China’s trade figures for April


A standard check out of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023. 

CFOTO | Foreseeable future Publishing | Getty Illustrations or photos

Asia-Pacific markets are established for a mixed open ahead of China’s April trade details. Traders are also searching ahead to U.S. inflation quantities later on this 7 days.

China is projected to document a trade surplus of $74.3 billion, reduce than the $88.2 billion in March.

In Australia, the S&P/ASX 200 is established for a decreased open, with futures tied to the index at 7,263 compared with its final shut of 7,276.5.

In Japan, the Nikkei futures agreement in Chicago was at 29,045, when its counterpart in Osaka was at 29,040 towards the Nikkei 225’s final near at 28,949.

Futures for Hong Kong’s Dangle Seng index stood at 20,222, signaling a reduced open up when compared with its previous near of 20,297.03.



Supply

Private credit worries resurface in  trillion market as AI pressures software firms
World

Private credit worries resurface in $3 trillion market as AI pressures software firms

Private credit markets are facing fresh uncertainty as AI-driven tools start to pressure software companies, a major borrower group for private lenders. The software industry came under renewed pressure last week after artificial intelligence firm Anthropic unveiled new AI tools, sparking a sell-off in software data provider shares. The AI tools, developed by Anthropic, are […]

Read More
Chinese chip designer Montage Technology soars over 50% in Hong Kong debut
World

Chinese chip designer Montage Technology soars over 50% in Hong Kong debut

A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images Shares of Chinese chip designer Montage Technology surged around 60% in its Hong Kong trading debut on Monday following an initial share […]

Read More
Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison
World

Hong Kong media baron and pro-democracy activist Jimmy Lai sentenced to 20 years in prison

TOPSHOT – Media tycoon Jimmy Lai (R) is escorted into a Hong Kong Correctional Services van outside the Court of Final Appeal in Hong Kong on February 1, 2021, after being ordered to remain in jail while judges consider his fresh bail application, the first major legal challenge to a sweeping national security law Beijing […]

Read More