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Asia Stocks

All articles tagged with #asia stocks

business14 days ago

AI-driven rally lifts Asia stocks as China PMI beats expectations

Asian stocks rose after China’s official manufacturing PMI unexpectedly expanded to 50.3 in June, boosting sentiment and a tech-led rally that helped lift major benchmarks across the region; CSI 300 and Shanghai Composite gained while Japan’s Nikkei 225 and Korea’s KOSPI posted solid advances, and MSCI Asia ex Japan rose about 21% over the last three months, even as Hong Kong lagged. U.S. futures were higher ahead of key jobs data and talks with Iran, underscoring a cautiously optimistic backdrop for Q3.

business1 month ago

Asia’s equities slip as US-Iran flare-up and chip rout spark inflation jitters

Asian shares fell as renewed U.S.-Iran tensions revived risk aversion and a fading chip rally dragged technology names lower; Korea’s KOSPI led losses amid chipmaker declines, while Japan’s Nikkei and China’s CSI 300 dropped as inflation data underscored price pressures. Investors also awaited the U.S. CPI print as oil prices climbed on the flare-up, weighing on regional sentiment.

world1 month ago

AI rally lifts Asia stocks as Israel-Iran de-escalation broadens risk appeal

Asian shares edged higher as AI-related tech gains supported sentiment and tensions between Israel and Iran cooled; South Korea’s KOSPI rose about 3% led by Samsung Electronics and SK Hynix amid a Nvidia partnership, Japan’s Nikkei gained roughly 0.9% with chipmakers like Tokyo Electron rallying, and Chinese markets rose on stronger May exports; Hong Kong slipped, Australia’s ASX 200 fell, and India’s Nifty 50 futures edged lower.

markets1 month ago

Asia stocks slip as US strikes on Iran spark risk-off ahead of PCE data

Asian stock markets retreated after fresh U.S. strikes on Iran dampened risk appetite ahead of the U.S. PCE inflation report; key indices eased in Japan, Hong Kong, and China (Nikkei 225 down ~0.1%, TOPIX ~0.2% lower, Hang Seng ~-2%, CSI 300 ~-1.1%), with Australia’s ASX 200 also lower. Oil prices rebounded, Brent near $97 and WTI above $90, as energy concerns persisted. Wall Street had closed at record highs previously on hopes of easing Middle East tensions, while traders awaited inflation data that could influence the Fed’s policy path.

world1 month ago

Tech Rally Sparks Fresh Records Across Asia as Chipmakers Surge

Asian stocks climbed to fresh records on Wall Street’s AI-driven tech rally, led by Japan’s Nikkei and South Korea’s KOSPI as chipmakers including SK Hynix, Samsung and Micron join the trillion-dollar club; gains were tempered by ongoing Iran peace-talk uncertainties amid Middle East tensions, with oil hovering near $99 as markets awaited US inflation data.

business2 months ago

Asia stocks drift lower as Iran tensions persist; Nikkei and KOSPI pull back from peaks

Asian equity markets eased after opening higher as persistent U.S.-Iran tensions and threats to oil supply kept investors cautious. The Nikkei 225 slipped about 1.1% after hitting an intraday record, and South Korea’s KOSPI fell roughly 0.5% despite strong chip-related earnings from SK Hynix and a rise in Samsung Electronics. Mainland China stocks also declined about 0.5%, with Shanghai and CSI 300 weaker and Hong Kong’s Hang Seng down around 1%. Australia’s ASX 200 and Singapore’s STI also fell ~1%. Oil hovered above $100 a barrel amid the Hormuz-related risk. U.S. markets had closed at or near records after Trump extended a ceasefire with Iran, but oil-supply concerns kept risk sentiment fragile.

markets2 months ago

Nikkei at record as Asia stocks ride Wall Street rally and China GDP beats

Asian equities rose after Wall Street closed at new highs, with Japan’s Nikkei 225 jumping about 2.6% to a record 59,624 and Korea’s KOSPI also higher. China beat expectations with Q1 GDP up 5.0% and March industrial production up 5.7% (retail sales +1.7%), signaling resilient growth despite domestic demand mixed signals. Sentiment was aided by hopes for progress in U.S.–Iran diplomacy and AI-related optimism, while Australia’s job data showed unemployment steady at 4.3% amid ongoing hiring strength.

world3 months ago

Tech-driven rally lifts Asia stocks as Iran peace hopes boost sentiment

Asian stock markets extended their rally as technology shares rose on Wall Street and optimism for renewed US-Iran diplomacy boosted risk appetite. Japan’s Nikkei and South Korea’s KOSPI traded near record highs, while China’s Shanghai and Hong Kong’s Hang Seng chipped higher. Memory-chip makers led gains on artificial intelligence demand expectations, and oil prices eased on talk of possible talks, supporting equities as softer US PPI data suggested cooling inflation ahead of key bank earnings.

world4 months ago

Asia stocks rally on US tech gains as Iran tensions and RBA decision loom

Asia's equity benchmarks rose with tech names leading gains after a Wall Street rally, as Nvidia’s momentum bolstered sentiment across regional markets (KOSPI near 3%, Nikkei about 0.5%, Hang Seng ~1%). Traders also weighed persistent Middle East tensions keeping oil above $100 and monitored a busy week of central-bank decisions, including the Reserve Bank of Australia’s 25 basis-point rate hike to 4.10% in a tight vote, ahead of the Fed and Bank of Japan meetings.