Tag Archives: Stocks

Key Takeaways Broad regional sell-off: Most Asian markets fell Monday, with tech leading losses ahead of Nvidia’s earnings. Nikkei drops 1%: Japan’s index slid, with TOPIX off 0.8%. Hang Seng plunges 1.7%: Hong Kong’s tech sub-index tumbled 2.5%, leading the regional decline. China weakens: CSI 300 fell 1%, Shanghai Composite …

Key Takeaways KOSPI tumbles: South Korea’s index plunged 3.5% — the worst performer in Asia — on steep losses in major chipmaking stocks. Chip exports not discussed: U.S. Trade Representative Jamieson Greer told Bloomberg that chip export controls weren’t part of Thursday’s U.S.-China talks. Decision left to Beijing: Greer said …

Key Takeaways DXY firms: The dollar index held near a one-week high after rising 0.4% on Tuesday. CPI shock: U.S. consumer prices rose 3.8% year-on-year in April — the biggest annual increase since May 2023 and above expectations. Rate cut bets evaporate: Investors have priced out expectations of any Fed …

Key Takeaways KOSPI explodes: South Korea’s index surged nearly 5% to a record high, leading Asia higher on chip-stock strength. SK Hynix soars 12%: The memory chip giant hit a record high, while Samsung Electronics rose nearly 6% — both fueled by AI-driven supply shortages. Trump-Xi summit confirmed: Chinese state …

Key Takeaways Regional retreat: Asian markets fell broadly Friday, with Wall Street’s overnight slide setting a weak tone after U.S. forces intercepted attacks on three warships in Hormuz. Tech holds firm: S&P 500 futures rose 0.2% in Asian trade as AI optimism continued to support technology stocks. KOSPI stars despite …

Key Takeaways Headline CPI ticks up: Tokyo headline inflation rose to 1.5% in April from 1.4% in March. Core falls below target: Tokyo core CPI dropped to 1.5% from 1.7%, missing the 1.8% forecast and slipping further below the BOJ’s 2% target — a four-year low. Underlying gauge softens: Inflation …

Key Takeaways Records shattered: South Korea’s KOSPI surged 2.3% to an all-time high of 6,630.35, while Japan’s Nikkei 225 climbed as much as 1.6% to a record 60,652.98. Chip stocks lead the charge: SK Hynix soared more than 6% to a fresh peak, Samsung Electronics added 2.5%, and AI-linked stocks …

Key Takeaways: Nikkei hits historic highs: Japan’s Nikkei 225 surged 2.6% to a record 59,624.0 points, fueled by relentless demand for tech and semiconductor stocks. China’s economy beats expectations: Chinese Q1 GDP grew 5.0% year-over-year, outperforming forecasts, though retail sales highlighted lingering domestic demand weakness. Wall Street handover drives optimism: …

Most Asian stock markets edged higher on Thursday, led by a sharp rally in South Korea where shares surged to record highs on strong gains in chipmakers. Japanese equities, meanwhile, traded flat after touching a fresh all-time peak above the 58,000 mark, as optimism surrounding the so-called “Takaichi trade” began …

Most Asian stock markets edged higher on Thursday, led by a sharp rally in South Korea where shares surged to record highs on strong gains in chipmakers. Japanese equities, meanwhile, traded flat after touching a fresh all-time peak above the 58,000 mark, as optimism surrounding the so-called “Takaichi trade” began …