Asian markets rose Friday after a record day on Wall Street in response to Donald Trump’s tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.
Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.2% at the open.
Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed. Hong Kong’s Hang Seng jumped 2.3% to 20,
More Hongkongers are expected to travel to Japan amid a weak yen, tourism industry representatives have said after the country welcomed a record number of foreign tourists last year. Retail sector ...
South Korea’s economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023.
ASIA hedge funds rebounded in 2024, with many posting double-digit gains as China stocks recovered, Japan’s equity rally hit new heights and some managers reached further afield for profitable trades.
Asian stocks gained as President Donald Trump’s push to boost investment in artificial intelligence improved the outlook for the region’s tech firms.
In Japan, the benchmark Nikkei 225 was set to rise, with the futures contract in Chicago up nearly 1%, last trading at 39,235 while its counterpart in Osaka is up 0.59%, last trading at 39,170 against the index's close of 38,902.50.
SoftBank Group’s shares rose more than 9% after Trump named the company as a participant in the ‘Stargate’ AI joint venture.
Global stocks eased on Thursday, halting a rally sparked by U.S. President Donald Trump's mammoth spending plans for artificial intelligence
Asia-Pacific markets mostly rose Tuesday, as investors awaited greater clarity on policies of U.S. President Donald Trump following his inauguration. Australia's S&P/ASX 200 advanced 0.66% to end the day at 8,402.40.