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Asian Markets

All articles tagged with #asian markets

Trump Implements New Tariffs and Modifies Rates Amid Trade War Tensions
world6 months ago

Trump Implements New Tariffs and Modifies Rates Amid Trade War Tensions

The article reports on the recent implementation of new US tariffs on 92 countries, including a significant reduction in Cambodia's tariff from 49% to 19%, which helps protect its garment industry. Asian stocks declined amid concerns over the tariffs, and Canada faces a 35% levy. The tariffs are part of a broader US trade policy affecting global markets and negotiations.

Asian Stocks Decline Amid Market Uncertainty and Key Economic Events
financial-markets7 months ago

Asian Stocks Decline Amid Market Uncertainty and Key Economic Events

Global stocks lost momentum amid uncertainty over the Federal Reserve's rate-cut plans, with strong US jobs data and political signals suggesting a hawkish stance. Asian markets declined after a rally, the US dollar rose, and investors are hedging against potential market downturns amid mixed economic signals and geopolitical tensions.

US-China Chip Tensions Escalate Amid New Export Restrictions
business1 year ago

US-China Chip Tensions Escalate Amid New Export Restrictions

Asian chip stocks, including Taiwan Semiconductor Manufacturing Company and several Japanese firms, rose despite new U.S. semiconductor export curbs targeting China. The Biden administration's restrictions aim to limit China's access to advanced chip technology, impacting companies like Naura Technology and ACM Research. However, South Korean chipmakers Samsung and SK Hynix saw their shares increase, as the impact of high-bandwidth memory controls is expected to be minimal, with potential demand shifts to other markets.

"Global Markets Mixed; Dow Surges, Gold Nears Record High"
global-markets1 year ago

"Global Markets Mixed; Dow Surges, Gold Nears Record High"

U.S. stock markets closed higher on Monday amid hopes for a second Trump presidency, with the Dow Jones achieving a record closing high. Asian markets were mixed, with Japan's Nikkei 225 rising and Hong Kong's Hang Seng falling. European markets declined, and oil prices dipped due to concerns over Chinese demand. Gold approached an all-time high, while the U.S. dollar strengthened.

China's Factory Activity Hits 2-Year High Amid Economic Uncertainty
finance1 year ago

China's Factory Activity Hits 2-Year High Amid Economic Uncertainty

Indian stocks surged to record highs, leading gains in Asian markets, as exit polls projected Prime Minister Narendra Modi's BJP-led alliance to win a third consecutive term. The Nifty 50 and S&P BSE Sensex indices both rose by 3%. Meanwhile, a private survey showed China's manufacturing activity expanded at its fastest pace in nearly two years, with the Caixin PMI rising to 51.7 in May. Other Asian markets also saw gains, with notable increases in Hong Kong, Japan, Australia, and South Korea.

"Wall Street Braces for Faster T+1 Settlement Rule Impact"
finance1 year ago

"Wall Street Braces for Faster T+1 Settlement Rule Impact"

The U.S. is shortening its stock settlement window from two days to one starting May 28, which will force Asian money managers to secure funds during low liquidity hours, potentially causing market volatility. This change aims to reduce counterparty risks but may disrupt forex flows and increase transaction costs. Financial institutions are preparing by increasing staffing, automation, and cash buffers, though the shift highlights the inflexibility of global market infrastructure.

China's Economic Slowdown Sparks Investor Concerns
finance1 year ago

China's Economic Slowdown Sparks Investor Concerns

Asian markets face challenges as global equity and bond prices slump, the dollar rises, and the yen weakens, prompting concerns of intervention from Japanese authorities. China's release of economic data, including first quarter GDP figures, is anticipated to show a slowdown in growth, potentially leading to increased pressure on policymakers to implement stimulus measures. The ongoing property crisis and recent economic data falling short of expectations add to the uncertain market sentiment. Additionally, discussions between U.S. Treasury Secretary Janet Yellen and Chinese officials at the IMF and World Bank spring meetings are expected to focus on China's growth.