All articles tagged with #japan inflation
Originally Published 3 months ago — by Investing.com
Most Asian stocks declined due to profit-taking in tech, while South Korea's KOSPI hit a record high driven by chipmaker gains; Japan's markets fell on inflation concerns, and Chinese markets retreated amid US-China tech tensions.
Originally Published 5 months ago — by Investing.com
Most Asian stocks rose following Wall Street's gains, with Australian markets reaching record highs, while Japan lagged due to persistent inflation concerns and trade tensions. TSMC reported strong Q2 earnings but expressed caution over U.S. trade tariffs impacting chip demand, leading to mixed reactions in the broader Asian chip sector.
Originally Published 2 years ago — by The Associated Press
Asian markets mostly advanced following Wall Street's recovery and Japan's report of slowing inflation, potentially keeping its ultra-low interest rates steady. The Nikkei 225 index climbed 1.4% in Tokyo, while the Hang Seng in Hong Kong lost 0.1% and the Shanghai Composite index was down 0.5%. U.S. futures were mixed, and oil prices fell. Big Tech and chip companies led Wall Street gains, with the S&P 500 rising 0.9% and the Dow Jones Industrial Average gaining 0.5%. Treasury yields slowed their earlier jump, and the 10-year Treasury yield rose to 4.16%. Several financial companies reported weaker results, while U.S. crude lost 9 cents to $73.86 a barrel.
Originally Published 2 years ago — by CNBC
Asia-Pacific markets fell as investors assessed Japan's July inflation data, with core inflation falling to 3.1% and headline inflation remaining at 3.3%. Meanwhile, Chinese real estate giant Evergrande filed for bankruptcy protection in a U.S. court, adding to concerns about the country's struggling real estate sector. Adani shares surged after a report that UAE state energy company Taqa is evaluating a large investment in the Indian power business via Adani. In the U.S., all three major indexes closed lower as investors grappled with concerns about inflation and potential rate hikes.