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Asian Stocks

The Australian dollar surged after employment data topped estimates by a wide margin

Updated On: 12 Dec 2024 | 9:03 AM IST

Mood was generally upbeat after US November payrolls showed enough of a recovery to assuage concerns of a slowdown

Updated On: 09 Dec 2024 | 9:22 AM IST

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent in part due to a 1.7 per cent drop in South Korea's KOSPI

Updated On: 06 Dec 2024 | 9:03 AM IST

The S&P 500, Nasdaq and Dow all notched record highs overnight and bitcoin, at times a barometer of the mood, was back within a whisker of $100,000

Updated On: 05 Dec 2024 | 8:09 AM IST

The benchmark KOSPI index was down nearly 2 per cent, taking its year-to-date losses to over 7 per cent

Updated On: 04 Dec 2024 | 8:24 AM IST

Asian stock rose on Friday following Wall Street gain after market superstar Nvidia and another round of companies said they're making even fatter profits than expected. US futures fell. Geopolitical tensions pushed oil prices higher. On Thursday, President Vladimir Putin announced that Russia had fired a new intermediate-range ballistic missile at Ukraine in response to Kyiv's use this week of American and British missiles capable of reaching deeper into Russia. Japan's benchmark Nikkei 225 added 1% to 38,415.32 after the nation's inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The readings will be one of the key topics at the Bank of Japan's policy meeting in December, where some investors anticipate an increase in the short-term policy rate to 0.5% from 0.25%. Australia's S&P/ASX 200 rose 1% to 8,407.50. South Korea's Kospi was up 1.2% at 2,509.06. Hong Kong's Hang Seng shed less than 0.1% to 19,594.52, while the ..

Updated On: 22 Nov 2024 | 10:37 AM IST

Prevailing geopolitical concerns following the escalating conflict in Ukraine earlier this week led safe-haven assets higher, including gold and government bonds

Updated On: 21 Nov 2024 | 9:37 AM IST

Tech shares advanced, tracking Wall Street's recovery from last week's steep losses although Nvidia's upcoming earnings on Wednesday limited the scope for big moves

Updated On: 19 Nov 2024 | 9:25 AM IST

Stock Market Highlights: 29 out of the 50 constituent stocks of the benchmark NSE Nifty50 ended lower, dragged by Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India

Updated On: 14 Nov 2024 | 4:03 PM IST

Bond yields have soared since Donald Trump was elected back to the White House last week on expectations lower taxes

Updated On: 13 Nov 2024 | 10:59 AM IST

Investors anticipate Trump's second four-year term in office will bring equities-boosting tax cuts and looser regulations

Updated On: 12 Nov 2024 | 9:21 AM IST

Stock Market Highlights: As many as 41 out of 50 constituent stocks of Nifty50 ended higher, led by BEL, Adani Enterprises, TCS, HCL Tech, and Wipro

Updated On: 06 Nov 2024 | 3:53 PM IST

Stock Market Highlights: Indian benchmark equity indices declined after a lower open on Monday, amid mixed global cues

Updated On: 04 Nov 2024 | 4:21 PM IST

Asian currencies have come under pressure in October, as rising odds of a Donald Trump presidency and uncertainties over the pace of the Federal Reserve's easing bolstered the greenback

Updated On: 01 Nov 2024 | 9:19 AM IST

Stock Market Highlights: Benchmark equity indices BSE Sensex and Nifty 50 settled in red on Thursday

Updated On: 31 Oct 2024 | 4:07 PM IST

Yen hovered close to a three-month low against the dollar, weighed down by political instability after a drubbing for Japan's ruling coalition in parliamentary elections last weekend

Updated On: 31 Oct 2024 | 10:29 AM IST

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22 per cent in early trade, tracking a decline in Chinese assets

Updated On: 30 Oct 2024 | 8:55 AM IST

Crude ticked up slightly following its plunge on Monday on signs the war in the Middle East would not widen

Updated On: 29 Oct 2024 | 9:33 AM IST

Asian shares rose on Monday as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower house in weekend elections. In currency trading, the US dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro cost USD 1.0796, down form USD 1.0803. The weak yen is a boon for Japan's giant exporters like Toyota Motor Corp., whose stock gained 3.7 per cent in Tokyo trading. Nintendo Co. gained 2.6 per cent, while Sony Corp. rose nearly 2.0 per cent. Japan's ruling Liberal Democratic Party is still the top party, but several members failed to win reelection in Sunday's vote after a scandal involving unreported campaign funding. All told, the ruling coalition with junior partner Komeito secured 215 seats, down sharply from the majority of 279 it previously held, according to Japanese media. A change of government is not expected but the LDP may need a third coalition partner. Tokyo .

Updated On: 28 Oct 2024 | 9:19 AM IST

Asian stocks were mostly higher Friday aside from in Japan, where investors were awaiting the outcome of an election on Sunday. US futures fell and oil prices rose. Japanese Prime Minister Shigeru Ishiba, who took office just weeks ago, called the snap general election to drum up support as the ruling Liberal Democrats grapple with a political funding scandal. Recent upheavals have added to uncertainty for markets, complicating the Bank of Japan's efforts to shift away from long-standing near-zero interest rates. Core inflation in Japan's capital was 1.8% in October, lower than the central bank's 2% target for the first time in five months, the government reported. That reinforced expectations that the central bank will keep its key interest rate unchanged at a policy meeting next week. Tokyo's Nikkei 225 index lost 1% to 37,771.79, while the Japanese yen rose against the U.S. dollar. Early Friday, the dollar was trading at 151.64 yen, down from 151.89 yen. Hong Kong's Hang Seng a

Updated On: 25 Oct 2024 | 10:29 AM IST