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Asian Markets Trade Higher, China Indexes Ease Ahead of Inflation Data

Apr 8, 2024
Li Chen
Benchmark indexes in Japan, India, South Korea, and Australia traded higher, tracking Friday's advance on Wall Street. China indexes struggled amid ongoing economic uncertainty. Gold traded at a new high after China increased its holding for the 17th month in a row.

Nikkei 225 Extends Weekly Losses, Hong Kong Stocks Trade Volatile After U.S. Rate-cut Enthusiasm Wanes

Apr 5, 2024
Akira Ito
Asian markets closed generally down following sharp losses in Tokyo, Hong Kong, Seoul, and Sydney. The yen struggled to hold against the U.S. dollar after the recent move by the BOJ failed to impress currency traders.

Asian Markets Trade Lower, Taiwan Struck by Strongest Quake in 25 Years

Apr 3, 2024
Arjun Pandit
Asian markets declined after investors pared back rate cut optimism following a string of strong positive economic data in the U.S. Higher commodity and crude oil prices also weighed on market sentiment. Taiwan was struck with the strongest earthquake in 25 years.

Asian Markets Turn Lower Amid Interest Rate Uncertainties and Rising Geopolitical Tensions

Apr 2, 2024
Akira Ito
Asian markets struggled to hold above the flatline amid global interest rate uncertainties, rising geopolitical tensions between China and the U.S., and a fragile and uneven economic recovery in China.

Nikkei 225 and CSI 300 Indexes Diverge After Factory Activities Reports

Apr 1, 2024
Li Chen
Japan's business sentiment at large corporations weakened, and factory activities continued to shrink for the tenth month in a row in March. China's manufacturing activities edged higher in March. India's stocks advanced on economic optimism.

Japan's Industrial Output Drops, Jobless Rate and Retail Sales Rise

Mar 29, 2024
Arun Goswami
The Nikkei 225 stock average jumped 3% in March and soared 21.3% in the first quarter, leading world markets. Japan's jobless rate edged up, retail sales rose, and industrial production edged lower in February. In the Tokyo area, inflation eased in March.

Large State-Controlled China Banks Post Earnings Growth Amid Rising Bad Loans

Mar 29, 2024
Arjun Pandit
Bank of China, ICBC, China Communications Bank, and Agriculture Bank of China reported an increase in net profit in 2023, a tighter net interest margin, and improved non-performing loan ratios. 



Xi Jinping Assures Additional "Law-based" Reforms to Foreign Leaders

Mar 28, 2024
Arun Goswami
China steps up its coddling of foreign business leaders while the government pursues its plan to provide more financial support to state-controlled enterprises.

Nikkei Drops 1%, China Life, Haier, and ICBC Earnings Lift China Indexes

Mar 28, 2024
Arjun Pandit
The Nikkei 225 dropped after investors booked profits. China indexes advanced after better-than-expected earnings from Haier Smart Home, China Life, and ICBC.

Alibaba Cancels Logistic Unit IPO, Nikkei at Record Level After Yen Drops to a 34-year Low

Mar 27, 2024
Arjun Pandit
Alibaba Group canceled the initial public offering of its logistic unit in Hong Kong after weak demand from investors. The electric vehicle maker BYD reported a record annual profit in 2023, but its cautious outlook dampened the mood in China. The Japanese yen dropped to a 34-year low as the Nikkei advanced to a new record high. 

China Stocks Rebound After Positive Earnings, Yen Hovers Near 4-month Low

Mar 26, 2024
Arjun Pandit
China market indexes edged higher after PetroChina, China Merchants Bank, and China Resources Land reported better-than-expected earnings. The Japanese yen hovered near a 4-month low.

Profit Booking Drives Nikkei Lower, Meituan Earnings Lifts China Indexes Higher

Mar 25, 2024
Arjun Pandit
Benchmark indexes in Tokyo closed lower, and the yen continued to trade near multi-decade lows. Indexes in Shanghai and Hong Kong advanced ahead of earnings releases later in the week. Meituan and China Hongqiao reported better-than-expected financial results. 

Japan Indexes Close at New Record Highs, China Indexes Extend 3-year Losses

Mar 22, 2024
Arjun Pandit
Tokyo stock indexes traded at new record highs, and indexes in Shanghai and Hong Kong extended weekly and three-year losses after several leading companies announced earnings declines.

Asian Markets Rebound After U.S. Rate Decision; Japan's Exports Jump 8%

Mar 21, 2024
Arjun Pandit
Stock markets in Asia traded higher after the U.S. Federal Reserve held its interest rates steady, as widely anticipated. Japan's February exports soared 8% after vehicle and electrical machinery exports rose to Europe and the U.S. 



China Holds Rates Steady, Yen Weakness Persists Despite BoJ Hiking Rates

Mar 20, 2024
Arjun Pandit
The People's Bank of China held its one-year and five-year rates steady as widely anticipated, but the central bank failed to provide additional stimulus. The yen drifted lower for the second day after the Bank of Japan ended its eight-year-old negative rate policy.