Hang Seng Index
Asia-Pacific markets opened mostly lower as AI sell-off on Wall Street continues
Australia, Victoria, Melbourne, buildings on bank of Yarra river Peter Adams | Stone | Getty Images Asia-Pacific markets opened mostly lower Tuesday, after Wall Street declined as investors continued to rotate out of the artificial intelligence trade in the U.S. Shares of AI plays, like Oracle and Broadcom, slipped more than 5% and 2% respectively, […]
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South Korea stocks lead losses in Asia-Pacific ahead of key data from China
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets fell Monday, after Wall Street declined Friday stateside as investors took a breather from the AI trade. “[Friday] is a value-outperforms-growth day,” said Jed Ellerbroek, portfolio manager at […]
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Asia-Pacific markets trade mostly higher after Wall Street notches fresh record
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets traded mostly higher Friday, tracking Wall Street gains after two key benchmarks hit new records on the heels of the recent Federal Reserve decision to cut rates. […]
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Asia-Pacific markets set to climb after third Fed cut of the year
Shibuya crossing in known to be the world’s busiest pedestrian crossing © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets were set to open higher on Thursday, following the Federal Reserve’s third rate cut of the year. The U.S central bank cut the Federal Funds rate by 25 basis points to 3.5%-3.75%, and signalled […]
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CNBC’s The China Connection newsletter: U.S.-China AI talent race heats up
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chris Miller, author of the book “Chip War,” warned three years ago that the balance of modern power hinges on a semiconductor supply chain crossing […]
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Asia-Pacific markets mostly higher as investors await China inflation data, Fed decision
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets traded mostly higher on Wednesday as investors awaited inflation data from China later in the day and an interest rate decision from the Federal Reserve. Traders are looking […]
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Asia-Pacific markets trade mixed as investors parse China trade data
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Japan’s benchmark Nikkei 225 slid 0.14%, while the Topix added 0.25%. South Korea’s Kospi rose 0.35%, and the small-cap Kosdaq traded 0.45% higher. Revisions released by Tokyo on Monday show Japan’s economy shrank more sharply between July and September than first estimated. Official data showed that […]
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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 […]
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Asia markets set to open mixed after Wall Street gains on cooler-than-expected jobs data and rate-cut hopes
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets were set to open mixed Thursday, after Wall Street gained on the latest jobs data from ADP, which strengthened investors’ conviction that the Federal Reserve will cut interest rates next week. Payroll processor ADP reported that private companies […]
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South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We […]
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