International stock markets updates: Q2 to Q3 2023

Tokyo's Nikkei shares open higher Friday, after a Wall Street rebound led by tech stocks. 

The benchmark Nikkei 225 index added 0.26%, or 84.34 points, to 31,956.86, but the broader Topix index edged down 0.13%, or 2.96 points, to 2,342.55.

The mixed start came as global investors returned to buying, with oil prices slightly easing, while US yields also fell. — AFP

Tokyo stocks open lower on Wednesday after falls on Wall Street as weak consumer data prompted worries over the impact of elevated interest rates on growth.

The benchmark Nikkei 225 index was down 0.94%, or 302.37 points, at 32,012.68 in early trade, while the broader Topix index lost 0.79%, or 18.83 points, to 2,353.11.

The Japanese market "is expected to start with declines following falls in US shares", Monex analyst Toshiyuki Kanayama says, adding that dividend-related purchases could support the market later. — AFP

Tokyo stocks open slightly lower on Tuesday despite modest gains on Wall Street.

The benchmark Nikkei 225 index was down 0.18%, or 59.26 points, at 32,619.36 in early trade, while the broader Topix index lost 0.01%, or 0.35 points, at 2,385.15. — AFP

Tokyo stocks open lower Thursday, extending falls on Wall Street after the Federal Reserve signalled it could lift interest rates again this year.

The benchmark Nikkei 225 index was down 0.37%, or 121.66 points, at 32,902.12 in early trade, while the broader Topix index was down 0.10%, or 2.43 points, at 2,403.57. — AFP

Tokyo stocks open slightly lower on Wednesday, as investors took to the sidelines ahead of the US Federal Reserve's upcoming interest-rate decision.

The benchmark Nikkei 225 index was down 0.09%, or 29.34 points, at 33,213.25 in early trade, while the broader Topix index was off 0.06%, or 1.44 points, at 2,428.86. — AFP

Tokyo stocks open lower on Tuesday in subdued trade as investors await the US Federal Reserve's upcoming interest-rate decision.

The benchmark Nikkei 225 index was down 0.63%, or 209.63 points, at 33,323.46 in early trade, while the broader Topix index was down 0.25%, or 6.16 points, at 2,422.22.

Overnight, US equities closed little changed as "investors have seemingly taken a wait and see mode ahead the Fed, BoE (Bank of England) and BoJ (Bank of Japan) meetings later in the week," says National Australia Bank analyst Rodrigo Catril. — AFP

Tokyo stocks end higher on Friday, extending rallies on Wall Street where traders digested strong retail sales figures.

The benchmark Nikkei 225 index was up 1.10%, or 364.99 points, to end at 33,533.09, while the broader Topix index added 0.95%, or 22.81 points, to 2,428.38. --- AFP

Tokyo stocks open higher on Friday, extending rallies on Wall Street where traders digested strong retail sales figures.

The benchmark Nikkei 225 index was up 0.83%, or 274.72 points, at 33,442.82 in early trade, while the broader Topix index added 0.83%, or 19.89 points, to 2,425.46.

Overnight on Wall Street, the Dow Jones Industrial Average rose 1.0% to 34,907.11, while the broad-based S&P 500 ended the day up 0.8% and the tech-rich Nasdaq also advanced 0.8%. — AFP

Hong Kong shares enjoy a healthy start to the day on Thursday after a mixed US inflation report that soothed fears the Federal Reserve will hike interest rates again.

The Hang Seng Index rose 0.51%, or 92.74 points, to 18,101.96.

The Shanghai Composite Index inched up 0.06%, or 1.78 points, to 3,124.85, while the Shenzhen Composite Index on China's second exchange eased 0.11%, or 2.20 points, to 1,927.25. — AFP

Tokyo stocks close higher on Tuesday, snapping a three-day losing streak following gains on Wall Street ahead of key US inflation data later in the week.

The benchmark Nikkei 225 index climbed 0.95%, or 308.61 points, to end at 32,776.37, while the broader Topix index rose 0.82%, or 19.43 points, to 2,379.91.

"The Nikkei rebounded after the major US indices rose and investor sentiment improved," Iwai Cosmo Securities says. — AFP

Hong Kong retreats at the open of business Tuesday, dragged by a drop in tech firms, as traders struggled to keep up with a rally on Wall Street.

The Hang Seng Index slipped 0.45%, or 80.89 points, to 18,015.56.

The Shanghai Composite Index edged down 0.08%, or 2.44 points, to 3,140.34, while the Shenzhen Composite Index on China's second exchange lost 0.10%, or 1.86 points, to 1,951.05. — AFP

Stock markets slide Friday as traders increasingly bet on the Federal Reserve sticking to its policy of raising US interest rates as the world's biggest economy shows resilience despite inflation staying high.

The losses extended a sell-off endured for most of the week as various indicators suggested the US economy was in good health and the battle against inflation was still far from won, while Chinese data showed continued weakness.

The United States is "carefully" monitoring China's challenges, US Treasury Secretary Janet Yellen said Friday, as the slowdown in the world's second largest economy raises concerns for global growth. — AFP

Shanghai stocks drop at the open Friday, in line with losses across Asia and following a weak lead from Wall Street, while morning trade in Hong Kong was suspended owing to a strong storm.

The Shanghai Composite Index fell 0.26%, or 8.12 points, to 3,114.23, while the Shenzhen Composite Index on China's second exchange shed 0.32%, or 6.17 points, to 1,930.70. — AFP

Hong Kong tumbles in line with global markets after more forecast-beating US data added to worries the Federal Reserve will have to push interest rates even higher to combat inflation.

The Hang Seng Index sank 1.34%, or 247.91 points, to 18,202.07.

The Shanghai Composite Index lost 1.13%, or 35.72 points, to 3,122.35, while the Shenzhen Composite Index on China's second exchange dropped 1.76%, or 34.73 points, to 1936.86. — AFP

Tokyo stocks open lower on Thursday on the back of falls on Wall Street before moving slightly higher in morning trade.

The benchmark Nikkei 225 index was up 0.09%, or 30.30 points, at 33,271.32 in early trade, while the broader Topix index was up 0.16%, or 3.90 points, at 2,396.43.

"US equities slipped, while interest rates are rising again," a shift that "comes in response to the market's assessment of a surprisingly robust (US) ISM non-manufacturing report," Stephen Innes, managing partner of SPI Asset Management, says. — AFP

Tokyo stocks end higher on Wednesday, shrugging off falls on Wall Street as a cheaper yen supported the market.

The benchmark Nikkei 225 index climbed 0.62%, or 204.26 points, to close at 33,241.02, while the broader Topix index was also up 0.62%, or 14.68 points, at 2,392.53.

The dollar fetched 147.11 yen, down slightly from 147.65 yen in New York but up from 146.97 yen in late Tokyo hours on Tuesday. — AFP

Tokyo stocks open higher on Wednesday, shrugging off falls on Wall Street as a cheaper yen supported the market.

The benchmark Nikkei 225 index was up 0.29%, or 96.03 points, at 33,132.79 in early trade, while the broader Topix index was up 0.38%, or 9.11 points, at 2,386.96.

"The Japanese market is expected to start with gains reflecting a cheaper yen" against the dollar, said Monex senior market analyst Toshiyuki Kanayama. — AFP 

Hong Kong stocks open with losses Tuesday following the previous day's strong rally, with investors hoping Chinese leaders will unveil further measures to kickstart the economy and support the property sector.

The Hang Seng Index dipped 0.67%, or 126.74 points, to 18,717.42.

The Shanghai Composite Index eased 0.23%, or 7.32 points, to 3,169.74, while the Shenzhen Composite Index on China's second exchange slipped 0.18%, or 3.54 points, to 1,978.09. — AFP

Tokyo stocks open higher on Monday after gains on Wall Street on weaker jobs data that raised hopes of an end to US interest rate hikes.

The benchmark Nikkei 225 index was up 0.25%, or 82.25 points, at 32,792.87 in early trade, while the broader Topix index was up 0.37%, or 8.68 points, at 2,358.43. — AFP

Tokyo stocks open lower on Friday after falls in major US indexes as investors awaited key American jobs data due later in the day.

The benchmark Nikkei 225 index was down 0.31%, or 100.27 points, at 32,519.07 in early trade, while the broader Topix index was down 0.10%, or 2.35 points, at 2,329.65. — AFP

Tokyo stocks advance Thursday on the back of Wall Street gains.

The benchmark Nikkei 225 index added 0.88%, or 285.88 points, to 32,619.34, while the broader Topix index rose 0.80%, or 18.62 points, to 2,332.00. — AFP

Hong Kong stocks rise in the opening minutes of business Thursday as investors track another rally on Wall Street fuelled by growing optimism the Federal Reserve will not hike interest rates again this year.

The Hang Seng Index added 0.53%, or 97.61 points, to 18,580.47.

The Shanghai Composite Index eased 0.08%, or 2.58 points, to 3,134.55, while the Shenzhen Composite Index on China's second exchange dipped 0.15%, or 2.97 points, to 1,955.90. — AFP

Tokyo shares open higher Wednesday following gains on Wall Street after data raised hopes for a pause in US interest rate hikes.

The benchmark Nikkei 225 index rose 0.56%, or 214.87 points, to 32,441.84 in early trade, while the broader Topix index climbed 0.46%, or 10.64 points, to 2,314.05. — AFP

Hong Kong stocks rally Tuesday, extending an advance across world markets ahead of key US inflation and jobs data, while traders also cheer pledges by China to speed up spending and boost the economy.

The Hang Seng Index jumped 1.95%, or 353.29 points, to 18,484.03.

The Shanghai Composite Index gained 1.20%, or 37.25 points, to 3,135.89, while the Shenzhen Composite Index on China's second exchange rose 2.69%, or 51.13 points, to 1,951.63. — AFP

Tokyo shares open higher on Tuesday after Wall Street advanced on the back of comments from US Fed chief Jerome Powell signalling US interest rates may have peaked.

The benchmark Nikkei 225 index added 0.36%, or 115.59 points, to 32,285.58, while the broader Topix index was up 0.28%, or 6.52 points, to 2,306.33. — AFP

Hong Kong shares sink Friday with the rest of Asia as traders await a keep speech later in the day by Federal Reserve boss Jerome Powell, while US jobs data dented hopes the central bank will hold off any more interest rate hikes.

The Hang Seng Index fell 1.40%, or 255.79 points, to 17,956.38.

The Shanghai Composite Index shed 0.59%, or 18.17 points, to 3,064.07, while the Shenzhen Composite Index on China's second exchange lost 1.49%, or 28.57 points, to 1,882.66. — AFP

Tokyo stocks open higher Thursday, tracking rallies on Wall Street on the back of a retreat in US bond yields and blockbuster Nvidia results. 

The benchmark Nikkei 225 index was up 0.39%, or 125.31 points, at 32,135.57 in early trade, while the broader Topix index rose 0.10%, or 2.23 points, to 2,279.28. 

The dollar fetched 144.69 yen, against 144.80 seen Wednesday in New York.  — AFP

Tokyo stocks open higher Tuesday after US tech shares surged overnight.

The benchmark Nikkei 225 index added 0.92%, or 289.32 points, to 31,854.96 in early trade, while the broader Topix index added 0.71%, or 16.01 points, to 2,257.50.

"Tokyo shares are expected to rise following gains of US stocks," Mizuho Securities says in a note. — AFP

Growing fears about China's economy and the property sector crisis hammered Hong Kong stocks Friday, closing out another terrible week for a market also hit by talk of another Federal Reserve interest rate hike.

The Hang Seng Index dived 2.05%, or 375.78 points, to 17,950.85.

The Shanghai Composite Index fell 1.00%, or 31.79 points, to 3,131.95, while the Shenzhen Composite Index on China's second exchange lost 1.72%, or 34.04 points, to 1,950.26. — AFP

Tokyo shares closed lower on Friday following losses on Wall Street, as US Treasury bond yields rose further from multi-year highs.

The benchmark Nikkei 225 index fell 0.55%, or 175.24 points, to end at 31,450.76, while the broader Topix index slipped 0.70%, or 15.77 points, to 2,237.29.

"Japanese shares dropped after the three major US indexes fell sharply, mainly in high-tech stocks," Iwai Cosmo Securities says in a note. — AFP

Hong Kong shares finished marginally lower Thursday on bargain-buying after a run of losses, though worries about China's economy and another possible Federal Reserve interest rate hike continued to dampen sentiment.

The Hang Seng Index inched down 2.67 points to 18,326.63.

The Shanghai Composite Index edged up 0.43%, or 13.61 points, to 3,163.74, while the Shenzhen Composite Index on China's second exchange gained 0.85%, or 16.66 points, to 1,984.30. — AFP

Hong Kong stocks tumble at the open Thursday, extending losses to a fifth day following a sell-off on Wall Street as investors fret over the possibility the Federal Reserve will lift interest rates again this year.

The Hang Seng Index sank 1.67%, or 306.19 points, to 18,023.11.

The Shanghai Composite Index slipped 0.41%, or 12.78 points, to 3,137.35, while the Shenzhen Composite Index on China's second exchange lost 0.34%, or 6.77 points, to 1,960.86. — AFP

Tokyo shares drift lower in early trade Wednesday on worries over the Chinese economy, with falls of US shares also affecting sentiment.

The benchmark Nikkei 225 index fell 0.95%, or 306.16 points, to 31,932.73 shortly after the opening bell, while the broader Topix index dropped 0.98%, or 22.47 points, to 2,268.73.

The dollar stood at 145.55 yen, nearly flat from 145.57 yen in New York. — AFP

Asian markets mostly fall Friday as a below-forecast US inflation reading boosted hopes the Federal Reserve will hold interest rates next month but did little to dispel fears it could hike later in the year.

A highly anticipated report showed July consumer prices rose more than the previous month but less than feared, giving the US central bank room to take a lighter touch with monetary policy after more than a year of tightening.

The data also showed closely watched core inflation was easing, while jobless claims came in higher than expected, adding to optimism as the Fed uses the strength of the labour market as a guide in its decision-making. — AFP

Hong Kong shares closed marginally higher on Thursday as bargain-buying offset worries about China's economy and nervousness ahead of the release of US inflation data later in the day.

The Hang Seng Index inched up 0.01%, or 2.23 points, to 19,248.26.

The Shanghai Composite Index added 0.31%, or 10.07 points, to 3,254.56, while the Shenzhen Composite Index on China's second exchange gained 0.13%, or 2.64 points, to 2,041.41. — AFP

Hong Kong stocks fall at the open again Thursday following more losses in New York as traders grow nervous ahead of US July consumer inflation data due later in the day.

The Hang Seng Index lost 0.63%, or 121.03 points, to 19,125.00.

The Shanghai Composite Index dipped 0.07%, or 2.28 points, to 3,242.21, while the Shenzhen Composite Index on China's second exchange eased 0.15%, or 3.13 points, to 2,035.65. — AFP

Asian markets fluctuate Wednesday after data showing China slipped into deflation compounded worries about the world number two economy's faltering post-Covid recovery.

The mood on trading floors was already glum after another sell-off on Wall Street fuelled by fresh concerns over the banking sector and talk of another possible Federal Reserve rate hike.

The 0.3% drop in China's July consumer prices was the first since the start of 2021 and comes as slowing domestic spending weighs on the country's economic recovery. — AFP

Tokyo stocks open lower on Wednesday extending falls on Wall Street, with investors spooked by a Moody's downgrade of several banks and weak China trade data.   

The benchmark Nikkei 225 index was down 0.31%, or 101.12 points, at 32,276.17 in early trade, while the broader Topix index trimmed 0.39%, or 8.87 points, to 2,282.86.

The dollar fetched 143.25 yen, against 143.40 yen seen in New York on Tuesday. — AFP

European stock markets slide Tuesday, with shares in Italian banks hit hard by the announcement of a windfall tax on lenders.

Banks elsewhere also took a knock on concerns over the health of the US sector, analysts say.

The dollar continued to benefit from talk of yet another US interest rate hike, while oil prices retreated following more weak Chinese data. — AFP

Tokyo stocks open slightly higher on Tuesday on the back of gains on Wall Street ahead of US inflation data later this week. 

The benchmark Nikkei 225 index was up 0.40%, or 130.45 points, at 32,385.01 in early trade, while the broader Topix index added 0.42%, or 9.63 points, to 2,293.56. — AFP

Asian markets are mixed Friday at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve's interest rate plans.

The euphoria of last week -- fuelled by optimism the US central bank's tightening cycle was over, as well as China's pledges of economic stimulus -- has given way to uncertainty again, as analysts warn the road ahead remains bumpy.

Jobs data over the past few days has reminded traders that while inflation is coming down, the Fed still has a lot of work to make sure it continues to fall to its two percent target and stays there. — AFP

Tokyo stocks open lower on Friday for the third day running, tracking falls on Wall Street following Fitch's US downgrade and as investors awaited key US jobs data.

The benchmark Nikkei 225 index was down 0.46%, or 147.69 points, at 32,011.59 in early trade, while the broader Topix index slipped 0.38%, or 8.52 points, to 2,259.83. — AFP

Tokyo stocks head lower for the second straight day on Thursday, tracking falls on Wall Street as Fitch's downgrade of US government bonds hit global equities.

The benchmark Nikkei 225 index was down 0.94%, or 307.05 points, at 32,400.64 in early trade, while the broader Topix index slipped 0.72%, or 16.47 points, to 2,285.29.

Sony Group dropped 2.46% to 12,910 yen, Toyota fell 2.58% to 2,438 yen, and Panasonic was down 1.53% at 1,673 yen. — AFP

Tokyo shares open lower on Wednesday after Wall Street stocks ended mostly down as US economic data and corporate earnings hit sentiment.

The benchmark Nikkei 225 index dropped 1.10%, or 369.86 points, to 33,106.72, while the broader Topix index fell 0.90%, or 21.01 points, to 2,316.35. — AFP

Tokyo shares open higher Tuesday as investors cheer gains on Wall Street while they await the afternoon release of Toyota's quarterly earnings.

The benchmark Nikkei 225 index firmed 0.37%, or 121.79 points, to 33,294.01 in early trade, while the broader Topix index added 0.20%, or 4.61 points, to 2,327.17.

The dollar stood at 142.31 yen, only slightly stronger than the 142.28 yen seen in New York overnight. — AFP

Tokyo stocks open lower Friday as investors are dishearten by falls on Wall Street and a stronger yen, while they also await a Bank of Japan policy decision.

The benchmark Nikkei 225 index was down 1.44%, or 474.33 points, at 32,416.83 in early trade, while the broader Topix index dropped 1.16%, or 26.73 points, to 2,268.41.

Drops in early Japanese trade were expected "following falls in US shares and a stronger yen" against the dollar, Monex senior market analyst Toshiyuki Kanayama says in a commentary. — AFP

Tokyo stocks open lower on Wednesday as a stronger yen against the dollar weighed on the market while investors awaited central bank decisions.

The benchmark Nikkei 225 index was down 0.11%, or 36.71 points, at 32,645.80 in early trade, while the broader Topix index was down 0.26%, or 5.88 points, at 2,279.50.  — AFP

Tokyo stocks open higher on Tuesday as investors took their cues from Wall Street rallies while awaiting key interest-rate decisions by central bankers this week.

The benchmark Nikkei 225 index was up 0.04%, or 14.62 points, at 32,715.56 in early trade, while the broader Topix index added 0.12%, or 2.77 points, to 2,283.95. — AFP

Tokyo stocks end higher on Monday after a mixed close on Wall Street, with investors shifting their focus to central bank meetings this week.

The benchmark Nikkei 225 index was up 1.23%, or 396.69 points, to end at 32,700.94, while the broader Topix index added 0.84%, or 18.98 points, to 2,281.18.

The dollar fetched 141.55 yen, from 141.77 yen in New York late Friday -- up from below-140 yen levels in Tokyo on Friday morning. — AFP

Stock markets traded mix Thursday as hopes that central banks are close to ending their interest rate hikes were offset by worries about a lack of action by Chinese leaders to kickstart the country's stuttering economy.

The mood across trading floors has been generally positive of late, with last week's news that US inflation had slowed more than expected coming alongside healthy data suggesting a recession could also be avoided.

Sentiment was further boosted this week by data showing UK inflation cooling more than expected. — AFP

Tokyo shares open higher Tuesday as investors monitor the yen's relative strength ahead of corporate earnings season, which starts later this month.

The benchmark Nikkei index rose 0.37%, or 121.09 points, to 32,512.35, while the broader Topix index added 0.38%, or 8.49 points, to 2,247.59. — AFP 

World stock markets are mixed as a Wall Street rally showed signs of fatigue, despite solid bank earnings and improving inflation data.

The European single currency meanwhile struck $1.1248, the highest level since February 2022, and oil prices slid before the weekend.

The US corporate earnings season entered full swing with big-hitting banks Citigroup, JPMorgan and Wells Fargo all reporting better-than-expected results or outlooks. — AFP

Tokyo stocks open higher on Friday, extending Wall Street rallies after easing US inflation stoked hopes the Federal Reserve's long-running campaign of interest rate hikes could be near an end.

The benchmark Nikkei 225 index was up 0.98%, or 318.64 points, at 32,737.97 in early trade, while the broader Topix index added 0.52%, or 11.65 points, to 2,254.64.

Overnight, Wall Street stocks rose for a fourth straight session, lifting the S&P 500 to a fresh 15-month peak on the back of benign inflation data and good corporate earnings. — AFP

Hong Kong stocks end with big gains Thursday as soft US inflation data boost hopes for an end to the Federal Reserve's rate-hiking cycle, while weak Chinese trade data boosted talk of fresh economic stimulus.

The Hang Seng Index soared 2.60%, or 489.67 points, to 19,350.62.

The Shanghai Composite Index jumped 1.26%, or 40.35 points, to 3,236.48, while the Shenzhen Composite Index on China's second exchange added 1.39%, or 28.23 points, to 2,059.00. — AFP

Tokyo stocks open higher Thursday, extending rallies on Wall Street after cooling US inflation data raised hopes the Federal Reserve will soon end its monetary tightening campaign.

The benchmark Nikkei 225 index was up 0.42%, or 134.68 points, at 32,078.61 in early trade, while the broader Topix index added 0.30%, or 6.67 points, to 2,228.15.

The US consumer price index, a key inflation gauge, rose 3.0% last month compared to a year earlier, the smallest increase since March 2021 and down from May's reading as well. — AFP

Stock markets rose Tuesday, with Hong Kong and Shanghai lifted by China's moves to support its struggling property sector and authorities' pledges to further help for the economy.

The gains extended gains in New York and Europe as traders look ahead to the release of key US inflation data this week, which could provide a fresh indication of the Federal Reserve's interest rate plans.

However, concerns remain about the upcoming earnings season owing to the high valuations, ever-tightening monetary policies, and signs of a slowdown in the economy. — AFP

Hong Kong and Shanghai stocks rise at the open Tuesday after China unveiled measures to help the country's ailing property sector and flagged further support for other parts of the economy.

The Hang Seng Index added 1.04%, or 191.70 points, to 18,671.42.

The Shanghai Composite Index put on 0.23%, or 7.43 points, to 3,211.12, while the Shenzhen Composite Index on China's second exchange edged up 0.11%, or 2.30 points, to 2,039.13. — AFP

Tokyo shares fell Monday after Wall Street dipped on lingering worries about the impact of future rate hikes by the US Federal Reserve.

The benchmark Nikkei 225 index gave up 0.61 percent, or 198.69 points, to end at 32,189.73, marking five straight sessions of losses, while the broader Topix index fell 0.51 percent, or 11.57 points, to 2,243.33.

Investors renewed their caution over a potentially prolonged cycle of rate hikes by the US Fed after seeing higher-than-expected growth in average hourly earnings in the United States, IwaiCosmo Securities said in a note.

"There were moments of natural rebounds in Tokyo after the Nikkei index had lost more than 1,300 points in the last four sessions," the brokerage house said. — AFP

Stocks tumbled again Friday in Asia after another round of strong US data reinforced expectations the Federal Reserve will resume its interest rate hikes as officials wrestle with stubbornly high inflation.

After a strong start to the week fuelled by signs that US prices were stabilising, regional markets have taken a turn for the worse as traders come to terms with an extended period of central bank policy tightening. — AFP

Hong Kong stocks finish sharply lower on Wednesday as another round of below-forecast data reinforced worries about the stuttering Chinese economy.

The Hang Seng Index sank 1.57%, or 305.30 points, to 19,110.38.

The Shanghai Composite Index slipped 0.69%, or 22.40 points to 3,222.95, while the Shenzhen Composite Index on China's second exchange fell 0.84%, or 17.30 points, to 2,051.52. — AFP

Tokyo stocks open lower on Wednesday, with investors vigilant against short-term overheating and searching for clues during a US market holiday.

The benchmark Nikkei 225 index was down 0.69%, or 229.99 points, at 33,192.53 in early trade, while the broader Topix index lost 0.44%, or 10.12 points, to 2,296.25. — AFP

Tokyo stocks open higher, helped by a cheap yen, after a mixed close on Wall Street, where a rally fuelled by upbeat US economic data ran out of steam.

The benchmark Nikkei 225 index was up 0.47 percent, or 156.25 points, at 33,350.24 in early trade, while the broader Topix index added 0.36 percent, or 8.26 points, to 2,306.86.

"The Japanese market is seen starting with gains, helped by a cheap yen," Monex senior market analyst Toshiyuki Kanayama said. — AFP

Tokyo shares open higher on Wednesday, following gains of US stocks, while the yen's slide also encouraged buying.

The benchmark Nikkei 225 index rose 0.86%, or 278.38 points, to 32,816.71 in early trade, while the broader Topix index added 0.85%, or 19.19 points, to 2,273.00.

Investors returned to buying as concerns about the US economic outlook receded after recent, stronger-than-expected indicators. — AFP

Asian markets mostly rose after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation.

The more positive environment came as concerns over Russia subsided following an aborted uprising, though developments in the nuclear-armed country are being closely followed as President Vladimir Putin faces the biggest test of his rule.

With the events in eastern Europe a little less worrying for now, focus has returned to the battle against surging inflation, which has dogged global markets this year. — AFP

Asian markets mostly rise Tuesday after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation.

The more positive environment came as concerns over Russia subsided following an aborted uprising, though developments in the nuclear-armed country are being closely followed as President Vladimir Putin faces the biggest test of his rule.

With the events in eastern Europe a little less worrying for now, focus has returned to the battle against surging inflation, which has dogged global markets this year. — AFP

Tokyo stocks open lower after falls in global markets, with investors watching additional rate-hike plans by central banks to combat inflation.

The benchmark Nikkei 225 index was down 0.86%, or 283.01 points, at 32,498.53 in early trade, while the broader Topix index fell 0.73%, or 16.44 points, to 2,248.29.

"Central bank talk will be the dominant theme with the ECB's flagship Sintra Conference from Monday to Wednesday," National Australia Bank economist Taylor Nugent says, referring to the European Central Bank's annual forum on economic stability in Portugal.

"Representatives from most major central banks will be participating, with the conference concluding with a policy panel that includes" chiefs of the ECB, the US Federal Reserve and the Bank of Japan, he says. — AFP

Shares in Siemens Energy plummet after the company warned that technical problems at its wind turbine unit Siemens Gamesa were worse than previously thought.

Its stock price plunged by more than 31 percent shortly after trading opened in Frankfurt, after Siemens Gamesa CEO Jochen Eickholt told reporters "the quality problems go well beyond what had been known hitherto". The company said it was setting aside more than one billion euros ($1.1 billion) to deal with faulty components. — AFP

Tokyo shares end down Friday on profit-taking after recent robust rallies.

The benchmark Nikkei 225 index lost 1.45%, or 483.34 points, to close at 32,781.54, while the broader Topix index gave up 1.38%, or 31.77 points, to 2,264.73. — AFP

Equity markets sank Friday and oil extended a sharp selloff after a string of interest rate hikes by central banks revived worries about the global economy.

Eyes are also on Tokyo after forecast-beating inflation figures fuelled speculation on whether the Bank of Japan will shift away from its ultra-loose monetary policy that has dragged on the yen.

The optimism that characterised the first half of June -- fuelled by hopes the Federal Reserve was close to the end of its hiking cycle -- has given way to concern that officials still had several more in them as they battle stubborn price rises.

Last week's decision to stand pat after 10 straight increases added to the sense of hope, but warnings Wednesday from boss Jerome Powell that more work was needed took the wind out of traders' sails.

He told US lawmakers that two more this year was "a pretty good guess". — AFP

Asian markets mostly dip Wednesday, following a downbeat lead from Wall Street as investors braced for Fed boss Jerome Powell's testimony to the US Congress.

The retreat extended a subdued start to the week, with investors unimpressed by China's efforts to boost its economy, including a fresh interest rate cut that was smaller than expected.

All three major US indices as well as the top European markets closed in the red on Tuesday, and Asian investors picked up the baton in a similar mood. — AFP

Stocks in Hong Kong and Shanghai lead losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart the country's lumbering economic recovery.

The optimism that fed last week's rally across world markets appears to be fading as traders are left disappointed by Beijing's efforts to act, even as growth slows and weakness persists.

The People's Bank of China reduced its benchmark five-year rate -- used to price mortgages -- by 10 basis points, less than the 15 points expected, though it did meet forecasts for a 15-point reduction in the one-year rate.

The move came after monetary policymakers last week lowered two other key rates and pumped billions into financial markets. — AFP

Markets sank Monday with traders left disappointed by a lack of policy announcements from China aimed at kickstarting the ailing economy.

Equities enjoyed a strong run-up last week, partly on the back of hopes that Beijing would unveil a raft of economic stimulus to go with two interest rate cuts.

Expectations have been high that officials would provide help for the struggling property sector and introduce measures to kickstart consumer activity. — AFP

World stock markets mostly rise and currencies gyrate as investors digest diverging interest rate decisions by central banks on three continents this week.

In Europe, equities climbed with Frankfurt striking a new record after an upbeat session in Asia, which was lifted by hopes China will unveil fresh measures to kickstart growth.

Wall Street stocks rose at the start of trading but gave up those gains as European markets closed. — AFP

Hong Kong stocks finish a healthy week with more gains Friday on hopes that Chinese officials will unveil a raft of measures aimed at stimulating the economy.

The Hang Seng Index rose 1.07%, or 211.45 points, to 20,040.37.

The Shanghai Composite Index gained 0.63%, or 20.36 points, to 3,273.33, while the Shenzhen Composite Index on China's second exchange advanced 0.99%, or 20.41 points, to 2,083.36.  — AFP

Hong Kong stocks start Friday morning with another advance, building on the week's gains, on hopes China will unveil new measures to stimulate its economy.

The Hang Seng Index rose 0.44%, or 86.52 points, to 19,915.44.

The Shanghai Composite Index added 0.10%, or 3.32 points, to 3,256.30, while the Shenzhen Composite Index on China's second exchange edged up 0.08 percent, or 1.74 points, to 2,064.69. — AFP

Hong Kong stocks rise at the open of business Wednesday after data showing a sharp drop in US inflation boosted expectations the Federal Reserve will decide against hiking interest rates later in the day.

The Hang Seng Index edged up 0.13%, or 26.16 points, to 19,547.58.

The Shanghai Composite Index gained 0.14%, or 4.45 points, to 3,238.12, while the Shenzhen Composite Index on China's second exchange added 0.15%, or 3.11 points, to 2,036.91. — AFP

Markets rose on Tuesday, with investors awaiting the release of key US inflation data later in the day that could play a big role in the Federal Reserve's keenly anticipated interest rate decision.

Expectations are for the US central bank to hold fire at the end of its meeting Wednesday -- after 10 straight hikes -- as data suggested the economy remained healthy but was showing signs that the tightening measures are kicking in.

Analysts said bets are on a pause for another increase next month, though they warned that a forecast-busting reading on the consumer price index could force officials to keep lifting. — AFP

Tokyo shares open higher Tuesday after Wall Street stocks advance ahead of key economic data and central bank decisions.

The benchmark Nikkei 225 index climbed 0.72%, or 234.95 points, to 32,668.95 at the open, while the broader Topix index added 0.49%, or 11.00 points, to 2,249.77.

"Today's Japanese markets are expected to start higher on the back of higher US shares," Monex senior market analyst Toshiyuki Kanayama says. — AFP 

Asian investors traded cautiously Monday as they awaited key US inflation data and the Federal Reserve's interest rate decision later this week.

Markets globally have enjoyed a broadly strong run-up this month on hopes the US central bank will decide against an eleventh successive hike at the end of the meeting on Wednesday.

Positive readings on jobs in the past few weeks -- indicating the economy remained healthy but gave the Fed room to stand pat in June -- have added to the broadly upbeat mood.

However, with the policy board split on the best way forward for fighting still-too-high inflation, there remains a certain amount of uncertainty on trading floors. — AFP

Stocks rally again in Asia on Friday, fired by renewed optimism that the Federal Reserve will hold off lifting interest rates next week as fresh data indicated further tightening in the US labor market.

Expectations the central bank will stand pat next week -- for the first time since starting its hiking cycle last year -- have pushed equities higher for most of the month, helped by the end of the US debt ceiling standoff.

Confidence was dealt a blow this week by the Bank of Canada's surprise lift and a similar move in Australia, causing concern on trading floors that the Fed will act after all. — AFP

Hong Kong shares edge up in the first few minutes of Friday morning following a rally on Wall Street fuelled by fresh hopes the Federal Reserve will hold off hiking interest rates next week.

The Hang Seng Index added 0.18%, or 34.25 points, to 19,333.43.

The Shanghai Composite Index was flat, inching down 0.55 points to 3,213.03, while the Shenzhen Composite Index on China's second exchange ticked up 0.08%, or 1.64 points, to 1,993.97. — AFP

Tokyo shares drop Thursday on profit-taking following recent gains, with falls of US tech shares and a shock interest rate hike by Canada's central bank also encouraging selling.

The benchmark Nikkei 225 index lost 0.85%, or 272.47 points, to 31,641.27, while the broader Topix index fell 0.67%, or 14.80 points, to 2,191.50. — AFP

Hong Kong stocks fall at the start of trade Thursday following a broadly negative close on Wall Street fuelled by ongoing worries about central bank interest rate hikes.

The Hang Seng Index dipped 0.13%, or 24.16 points, to 19,227.84.

The Shanghai Composite Index shed 0.09%, or 2.92 points, to 3,194.83, while the Shenzhen Composite Index on China's second exchange was barely moved, inching down 0.78 points to 1,994.49. — AFP

Most markets crawled higher Wednesday on speculation that China will unveil measures to support its struggling economy, while investors held out hope the Federal Reserve will skip an interest rate hike this month.

Reports that US Secretary of State Antony Blinken will visit China provided optimism for a thawing of relations between the superpowers, but with a lacklustre Wall Street performance and few catalysts to drive business, regional traders moved cautiously.

Meanwhile, a World Bank warning on the global economic outlook gave some food for thought as it lowered its growth expectations for next year.

Traders are keeping tabs on China, with reports saying authorities have asked the country's biggest banks to lower their deposit rates in a bid to boost the economy as it struggles to recover from years of zero-Covid lockdowns. — AFP

Hong Kong stocks open slightly higher Tuesday morning, extending an advance into a third day, thanks to a rally in tech firms.

The Hang Seng Index edged up 0.05%, or 8.61 points, to 19,117.11.

The Shanghai Composite Index dipped 0.12%, or 4.03 points, to 3,228.41, while the Shenzhen Composite Index on China's second exchange eased 0.14%, or 2.81 points, to 2,030.89. — AFP

Hong Kong stocks soar Friday on growing optimism the Federal Reserve will not hike interest rates at its next meeting this month, while traders also welcome the passage of a bill to avert a US default.

The Hang Seng Index surged 4.02%, or 733.03 points, to 18,949.94.

The Shanghai Composite Index climbed 0.79%, or 25.43 points, to 3,230.07, while the Shenzhen Composite Index on China's second exchange jumped 1.16%, or 23.39 points, to 2,035.62. — AFP

Tokyo shares close higher on Friday, extending Wall Street rallies on hopes that the Federal Reserve could slow rate hikes, with investors also eyeing US jobs data.

The benchmark Nikkei 225 index gained 1.21%, or 376.21 points, to end at 31,524.22, while the broader Topix index climbed 1.55%, or 33.41 points, to 2,182.70. — AFP

Hong Kong stocks rise more than 3% Friday morning, driven by a rally in tech firms on hopes the Federal Reserve will decide against hiking interest rates this month.

The Hang Seng Index surged 3.14%, or 571.11 points, to 18,788.02.

The gains follow a lengthy period of losses in the city fuelled by concerns about China's stuttering economic recovery. — AFP

Tokyo stocks open higher Friday, extending US rallies on hopes that the Federal Reserve could pause its rate hikes, while traders eye progress on a deal to avert a US default.

The benchmark Nikkei 225 index was up 0.35%, or 109.00 points, at 31,257.01 in early trade, while the broader Topix index added 0.42%, or 9.01 points, to 2,158.30. — AFP

Tokyo shares rise Thursday as investors cheer the US House approval of a bill to raise the debt ceiling, while keeping their eye on the Federal Reserve's future moves.

The benchmark Nikkei index climbed 0.84%, or 260.13 points, to 31,148.01, while the broader Topix index rose 0.88%, or 18.66 points, to 2,149.29.

Trading opened on a solid footing thanks to expectations of healthy investments as a new month begins. — AFP

Hong Kong shares open with big losses Wednesday morning on worries hardline US lawmakers could torpedo a bipartisan deal aimed at lifting the debt ceiling to avoid a calamitous default.

The Hang Seng Index shed 0.97%, or 180.78 points, to 18,415.00.

The Shanghai Composite Index gave up 0.30%, or 9.56 points, to 3,214.66, while the Shenzhen Composite Index on China's second exchange lost 0.16%, or 3.18 points, to 2,008.81. — AFP

Tokyo markets drift lower Tuesday on profit-taking after blue-chip shares ended on a three-decade high the previous day, with Wall Street closed for a holiday.

The benchmark Nikkei index slipped 0.34%, or 107.11 points, to 31,126.43 in morning trade, while the broader Topix index fell 0.66%, or 14.18 points, to 2,146.47.

Investors locked in profits after the Nikkei scored its highest finish in 33 years, while global markets hailed a broad deal between US President Joe Biden and House Speaker Kevin McCarthy over raising the debt ceiling.

Analysts say foreign market players have been a major driver of recent gains in Tokyo and they are now taking a break with the US market closed on Monday for Memorial Day. — AFP

Asian markets rose Monday on news that President Joe Biden and House Speaker Kevin McCarthy have reached a deal to lift the US debt ceiling and avoid a calamitous default.

After weeks of wrangling, the two announced that an agreement had finally been reached and urged lawmakers on both sides of the aisle to vote for it before the government runs out of cash on June 5.

However, there is some nervousness on trading floors as the bill contains plenty of elements that are likely to anger Democrats and Republicans alike.

For now, dealers are upbeat as the breakthrough lifts the threat of a debt default by the United States that economists warn could hammer the global economy and cause market turmoil. — AFP

Tokyo stocks open higher Friday, helped by a surge in US tech shares and a cheap yen against the dollar.

The benchmark Nikkei 225 index was up 0.29%, or 89.98 points, at 30,891.11 in early trade, while the broader Topix index added 0.22%, or 4.72 points, to 2,150.87.

"Japanese shares are seen starting with gains thanks to a cheaper yen against the dollar in addition to a jump in the Nasdaq," Monex senior market analyst Toshiyuki Kanayama says in a note. — AFP

Hong Kong stocks end sharply lower Thursday as US lawmakers struggle to hammer out a deal to avert a painful US debt default and Fitch warns it could downgrade the country's credit rating over the issue.

The Hang Seng Index tumbled 1.93%, or 369.01 points, to 18,746.92.

The Shanghai Composite Index dipped 0.11%, or 3.49 points, to 3,201.26, while the Shenzhen Composite Index on China's second exchange retreated 0.17%, or 3.35 points, to 2,006.13. — AFP

Tokyo stocks drift lower at the open Thursday, with investors alarmed by the lack of progress on US debt ceiling negotiations despite a looming deadline.

The benchmark Nikkei 225 index fell 0.10%, or 31.03 points, to 30,651.65 in early trade, while the broader Topix index lost 0.45%, or 9.77 points, to 2,142.63.

The dollar stood at 139.29 yen, against 139.43 yen in New York on Wednesday. — AFP 

Stock markets track losses in Wall Street on Wednesday as investors grow increasingly concerned about stalled US debt ceiling talks aimed at averting a painful default.

The optimism that flowed through trading floors at the start of the week has given way to trepidation, with several Republicans questioning an early June deadline, and some even saying the country is nowhere near running out of cash anyway.

All eyes are now on Washington, where President Joe Biden and House Speaker Kevin McCarthy have had a number of meetings to find a path to lifting the borrowing limit from the current $31.8 trillion. — AFP

Hong Kong shares suffer fresh losses at Wednesday's open following a drop on Wall Street fuelled by concerns about an impasse in talks to raise the US debt ceiling and avoid a default.

The Hang Seng Index fell 0.78%, or 151.86 points, to 19,279.39.

The Shanghai Composite Index shed 0.26%, or 8.53 points, to 3,237.70, while the Shenzhen Composite Index on China's second exchange eased 0.32%, or 6.39 points, to 2,012.33. — AFP

Hong Kong shares open on the front foot Tuesday, building on a positive start to the week as optimism grows that US lawmakers will hammer out a deal to lift the country's borrowing limit and avert a default.

The Hang Seng Index added 0.18%, or 35.29 points, to 19,713.46.

The Shanghai Composite Index eased 0.05%, or 1.68 points, to 3,294.79, while the Shenzhen Composite Index on China's second exchange was marginally lower, inching down 0.61 points to 2,038.35. — AFP

Hong Kong stocks finished sharply higher Monday on hopes for US debt talks and a possible thaw in China-US relations.

The Hang Seng Index jumped 1.17 percent, or 227.60 points, to 19,678.17.

The Shanghai Composite Index added 0.39 percent, or 12.93 points, to 3,296.47, while the Shenzhen Composite Index on China's second exchange also gained 0.39 percent, or 7.86 points, to 2,038.96. — AFP

Hong Kong shares rally at the open of trade Thursday morning, tracking a surge on Wall Street fuelled by optimism US lawmakers will soon hammer out a debt ceiling deal to avert a default.

The Hang Seng Index rose 0.73%, or 142.16 points, to 19,702.73.

The Shanghai Composite Index edged up 0.13%, or 4.18 points, to 3,288.41, while the Shenzhen Composite Index on China's second exchange added 0.08%, or 1.59 points, to 2,027.54. — AFP

The haven dollar climbs and global stock markets waver Wednesday as investors fret over the slow progress of talks seeking to raise the US debt ceiling.

All eyes remain on Washington, where lawmakers remain deadlocked in negotiations to lift the country's borrowing limit to pay its debts and avert a market-rattling default.

The euro slid to $1.0821, the lowest level since early April, in a broad dollar rally as the greenback benefitted from its status as a safe bet in times of economic turmoil. — AFP

Hong Kong stocks close with a steep loss Wednesday as investors keep a nervous watch on US talks to avert a debt default, with lawmakers making slow progress.

The Hang Seng Index fell 2.09%, or 417.68 points, to 19,560.57.

The Shanghai Composite Index lost 0.21%, or 6.76 points, to 3,284.23, while the Shenzhen Composite Index on China's second exchange added 0.33%, or 6.57 points, to 2,025.95. — AFP

Hong Kong stocks open higher Tuesday, extending the previous day's rally thanks to a surge in Chinese tech firms.

The Hang Seng Index added 1.06%, or 212.15 points, to 20,183.28.

The Shanghai Composite Index was flat, inching down 0.58 points to 3,310.16, while the Shenzhen Composite Index on China's second exchange was also barely moved, edging up 0.19 points to 2,033.99. — AFP

Tokyo shares open higher Tuesday on growing hopes that Washington would avert a default, which helped push Wall Street shares higher.

The Nikkei index rose 0.77%, or 229.28 points, to 29,855.62 in early trade, while the broader Topix index added 0.46%, or 9.77 points, to 2,124.62. — AFP

Asian and European markets mostly rose Monday as investors kept an eye on the talks to raise the US debt limit to avert a "catastrophic" default.

There has been some progress on reaching a deal but Democrats and Republicans remain at loggerheads, though President Joe Biden said he was confident the debt ceiling will be raised.

Republicans are demanding budget cuts in exchange for lifting the limit, while the White House has insisted for months that the nation's credit should not be up for negotiation.

There is a general view among traders that the two sides will hammer out a deal, though some observers warn that the mere threat of a default was weighing on market sentiment. — AFP

Stock markets are mixed as traders weigh a range of issues, including US debt-ceiling hopes, expected central bank calculations and more signs of a slowing economy.

Investors hoping the US Federal Reserve will finally take a breather from its long-running campaign of interest rate hikes have been left feeling a little more confident this week after data showed US inflation on both a consumer and wholesale level continued to ease in April.

Their hopes were given a further boost on Thursday by news that jobless claims last week hit their highest since October 2021, suggesting the labor market was showing some slack. — AFP

Asian markets fluctuate Friday as traders weigh a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

Investors hoping the Federal Reserve will finally take a breather from its long-running campaign of interest rate hikes have been left feeling a little more confident this week after data showed inflation on both a consumer and wholesale level continued to ease in April.

Their hopes were given a further boost Thursday by news that jobless claims last week hit their highest since October 2021, suggesting the labor market was showing some slack. — AFP 

Updates on stock markets around the world for the second quarter until third quarter of 2013.

The chart of Germany's share index DAX is displayed at the stock exchange in Frankfurt am Main, western Germany, on March 20, 2023. European stock markets have fallen significantly on May 2, as interest rate decisions from the U.S. and European central banks are expected, and fears of a global recession weighs heavily on the oil sector. AFP/Daniel Roland