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ASIAN STOCKS NEWS

Markets decline in early trade dragged by IT stocks, weak Asian trends

May 19, 2025 10:32 am

NTPC, Asian Paints, Bajaj Finance and Hindustan Unilever were among the gainers.

In South Korea, the Kospi jumped 2.5 per cent, to 2,462.10 after Samsung Electronics reported improved quarterly earnings. Samsung's shares surged 4.4 per cent, while SK Hynix's were up 3.3 per cent.

Asian shares rise after eased pressure on bonds pushes Wall Street higher

October 11, 2023 11:18 am

US futures were little changed and oil prices rose slightly.

Asian shares have climbed after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging markets lower since the summer.

Rate hopes push Asian shares higher while oil prices edge lower

October 10, 2023 11:14 am

US futures rose while oil prices fell back slightly after surging Monday following Israel's declaration of war on Hamas following its surprise attack from the Gaza Strip.

Asian shares mostly declined in cautious trading on Tuesday ahead of the Federal Reserve's looming decision on interest rates.

Asian shares weaker ahead of Federal Reserve interest rate decision

September 19, 2023 10:25 am

The Fed is due to wrap up a two day meeting on Wednesday. Japan's central bank will meet Thursday-Friday as observers speculate that it might gradually begin to adjust its longstanding negative interest rate policy.

Asian shares mostly higher as investors await US inflation, China economic data

September 11, 2023 10:45 am

China will report more data this week, while an update on consumer prices is due Wednesday in the US Economists expect it to show prices at the consumer level were 3.6 per cent higher in August than a year earlier.

MSCI's broadest index of Asia-Pacific shares outside Japan slid to 495.03, its lowest since Nov. 29, before clawing back some of its losses to trade 0.49% lower at 500.43. The index down about 8% for August and set for its worst monthly performance since September.

Asian stocks hit 9-month lows on worries over China, US rates

August 17, 2023 11:30 am

Asian shares sank to nine-month lows on Thursday, while the dollar was at a two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.

Asia markets follows Wall Street lower after US data revive fears about rate hike

August 16, 2023 10:47 am

Hong Kong's main market index plunged 2.3 per cent and Shanghai, Tokyo and Sydney also fell. Oil prices retreated.

Asian stocks follow Wall St lower as US, Chinese foreign ministers meet

June 19, 2023 10:53 am

Shanghai, Tokyo, Hong Kong and Seoul retreated. Sydney gained. Oil prices fell by almost USD 1.

Asian stocks surge as US averts default, Fed pause bets rise

June 02, 2023 12:12 pm

MSCI's broadest index of Asia-Pacific shares outside Japan surged 2% and was on course for its biggest one-day percentage gain since early January.

Global stocks rise on US debt ceiling deal but China drags

May 29, 2023 12:11 pm

After weeks of negotiations, congressional Republican McCarthy and Biden agreed on Saturday to avert an economically destabilising default by suspending the $31.4 trillion debt ceiling until 2025.