Asian stocks opened higher, buoyed by Wall Street optimism that artificial intelligence will keep fueling profits at major technology firms and growing bets of a Federal Reserve interest-rate cut. Shares in Japan and South Korea rose, while Hong Kong is closed for a public holiday on Wednesday. The S&P 500 closed slightly up, while a…
The record-setting advance in global equities took a breather in early Asian trading Tuesday, as markets braced for a flurry of megacap technology earnings and policy announcements from major central banks this week. Equity gauges in Japan and South Korea retreated from record highs set Monday, while shares in Australia also fell at the open….
Asian stocks opened higher Friday as a planned meeting between Donald Trump and Xi Jinping eased nerves around trade tensions. Oil prices edged lower ahead of US inflation data. An MSCI gauge of Asian shares was up around 0.3% at the open, following a move higher on Wall Street on Thursday. Shares in Intel Corp…
Asian stocks opened lower following a volatile session on Wall Street that saw broad losses across equities and haven assets. Equity benchmarks in Japan and South Korea fell more than 1% in early Asian trading. The Nasdaq 100 lost 1% after a tepid outlook from Texas Instruments Inc. and a 10% slump in Netflix Inc….
Asian equities opened lower after a selloff in technology stocks hit Wall Street Friday, with chip shares among the losers. Indexes in Japan and South Korea opened lower along with Australian stocks. Samsung Electronics Co. and SK Hynix Inc. slid after the US Commerce Department removed the companies from the list of entities authorized to…
Asian equities opened subdued after US stocks set a new high, lifted by data underscoring economic strength ahead of the Federal Reserve’s favored price gauge due Friday. Shares opened lower in Japan and Australia while South Korea climbed. Oil fell 0.6% after gaining in the previous session on waning prospect of a peace agreement between…