Articles

  • 1 week ago | cnbc.com | Amala Balakrishner

    Asia-Pacific markets rose Thursday, breaking ranks with Wall Street which declined sharply after U.S. Federal Reserve Chair Jerome Powell cautioned that the ongoing trade tensions could challenge the central bank's goals on controlling inflation and spurring growth. Japan's benchmark Nikkei 225 started the day 0.59% higher, while the broader Topix index added 0.26%. In South Korea, the Kospi index increased 0.41% at the open while the small-cap Kosdaq moved up 1.02%.

  • 1 week ago | cnbc.com | Amala Balakrishner

    Asia-Pacific markets mostly rose Tuesday after all three key benchmarks on Wall Street rose on a tech rally. Japan's benchmark Nikkei 225 started the day 1.12% higher, while the broader Topix index was rose 1.31%. In South Korea, the Kospi index added 0.44% in early trade, while the small-cap Kosdaq fell 0.26%. Meanwhile, Australia's S&P/ASX 200 was flat. Futures for Hong Kong's Hang Seng index stood at 21,585, pointing to a stronger open compared to the HSI's last close of 21,417.40.

  • 1 week ago | nbcnewyork.com | Amala Balakrishner

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  • 1 week ago | cnbc.com | Amala Balakrishner

    Asia-Pacific markets were set to climb Monday as U.S. President Donald Trump paused tariffs on some consumer electronics, boosting risk sentiment. Trump exempted smartphones and computers as well as other devices and components such as semiconductors from his new "reciprocal" tariffs, according to a U.S. Customs and Border Protection guidance issued late Friday.

  • 2 weeks ago | cnbc.com | Amala Balakrishner

    Asia-Pacific markets were to set to mostly rise Thursday, following Wall Street's biggest burst of buying since 2008 after U.S. President Donald Trump announced a 90-day pause on higher tariffs on all nations bar China. Japan's benchmark Nikkei 225 was set to open nearly 11% higher, with the futures contract in Chicago at 35,215 while its counterpart in Osaka last traded at 35,040, against the index's Wednesday close of 31,714.03.

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