China’s May trade data comes far ahead of expectations

SINGAPORE – Asia-Pacific stocks were mixed in Thursday trade, with investors watching for market reaction to China’s trade data for May that performed above expectations. The Shanghai Composite in mainland China slipped 0.49% while the Shenzhen Component dipped 1.336%. Hong Kong’s Hang Seng index shed around 0.2%. China’s exports jumped 16.9% in May as compared … Read more

Japan leads gains as Asia stocks rise ahead of U.S. jobs data

SINGAPORE – Shares in Asia-Pacific rose on Friday as several major regional markets were closed for a holiday and investors looked ahead to the release of US jobs data for May. Japanese stocks led gains among the region’s major markets, with the Nikkei 225 gaining 1.27% on the day to 27,761.57 as shares of Fast … Read more

Tech stocks in Asia fall dragging down Hong Kong’s Hang Seng by nearly 3%

SINGAPORE – Shares in Asia-Pacific fell during Tuesday morning trade after heavy losses overnight on Wall Street that saw the tech-heavy Nasdaq Composite dropping more than 4%. Hong Kong’s Hang Seng index, returning to trade following a Monday holiday, fell 3% in early trade on Tuesday morning. Hong Kong-listed shares of Chinese tech firms dropped, … Read more

investors monitor Bank of Japan decision, China’s Covid

SINGAPORE – Asia-Pacific stocks were mixed in Thursday morning trade, as investors in the region looked ahead to the Bank of Japan’s latest monetary policy decision. Meanwhile, Chinese tech stocks rose, boosted by news to support the economy. The Nikkei 225 in Japan rose 0.16% while the Topix index climbed 0.49%. Japan’s retail sales rose … Read more

Investors react to China’s first-quarter GDP

SINGAPORE – Shares in Japan led losses as Asia markets slipped in Monday morning trade, with investors reacting to the release of Chinese economic data, including first-quarter gross domestic product figures. In Japan, the Nikkei 225 fell 1.8% in morning trade as shares of Fast Retailing and SoftBank Group declined more than 1% each. The … Read more

U.S. inflation report; China trade data

SINGAPORE – Shares in Asia-Pacific were mixed in Wednesday morning trade as investors watched for market reaction to the release of a slightly hotter-than-expected US inflation report. China’s trade data for March is also expected at 11:00 am HK / SIN today. Chinese stocks traded in negative territory ahead of the trade data release, as … Read more

Japan’s Nikkei 225 jumps more than 3%

SINGAPORE – Shares in Asia-Pacific rose in Thursday morning trade following overnight gains on Wall Street, while the US Federal Reserve announced its first rate hike in more than three years. The Nikkei 225 in Japan jumped 3.54% in morning trade as shares of Fast Retailing soared 6.71% while SoftBank Group surged 8.79%. The Topix … Read more