Asia stocks rise on tech gains, S.Korea’s KOSPI hits record high on chip rally Investing.com Stocks Hit Record as Traders Shrug Off US Shutdown: Markets Wrap Bloomberg.com Asian shares track Wall St’s rise as tech shares advance and investors shrug off the US shutdown Yahoo Finance Stocks grind higher, markets mull U.S. shutdown impact Reuters Asian shares advance as investors shrug off the US …
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Nikkei 225, Nifty 50, Kospi
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines after U.S. Federal Reserve Chair Jerome Powell said that “equity prices are fairly highly valued.” Powell also signaled that the rate-cutting path wasn’t clear and that the central bank faces a “challenging situation.” Australia’s ASX/S&P 200 lost 0.61%. Japan’s …
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Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Taiwan benchmark Taiex rose 1.42% to a record high Tuesday, amid broader gains in Asia, fueled by a tech rally on Wall Street after Nvidia announced a partnership with OpenAI. Australia’s ASX/S&P 200 rose 0.52%. South Korea’s Kospi climbed 0.69%, while the small-cap …
Read More »Asia markets track Wall Street gains as Fed rate-cut hopes rise — South Korea’s Kospi hits record high
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets rose Wednesday, tracking gains on Wall Street, as hopes for a rate cut by the Federal Reserve rose, while investors also assessed August inflation data from China. Mainland China’s CSI 300 was up 0.46%. Hong Kong’s Hang Seng …
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The Seoul skyline. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded mixed Friday, breaking ranks with Wall Street as investors also assessed a slate of economic data in the region. Japan’s Nikkei 225 slid 0.41%, while the Topix lost 0.39% after core consumer prices in Tokyo rose at a slower pace in August. The Tokyo core CPI, which strips …
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Tencent Music shares jump 16% after second-quarter earnings top estimates Tencent Music Entertainment Group rose 16% Wednesday, a day after the company beat estimates for second-quarter revenue and profit on robust subscriber growth in its online music services. The company reported revenue of 8.44 billion Chinese yuan ($1.18 billion), up by about 18% from the same period last year. The lion’s share of the revenue …
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