The Nikkei 225 index rose 1.0% to 44,990.71 in early trading, following a record-breaking rally on Wall Street overnight. The market appeared calm despite ongoing concerns about the US government shutdown. The gains were led by pharmaceutical and chip stocks. Chugai Pharmaceutical rose 3.2%, while Lasertec gained 4.4%, amid positive sentiment in the healthcare and…
Silver traded around $47 per ounce on Tuesday and was set to advance almost 20% in September as safe-haven demand strengthened amid the risk of a US government shutdown. The standoff comes as President Donald Trump has made little progress in reaching a temporary spending deal with opponents, heightening market uncertainty. The US Labor Department…
Gold rose to another record, extending Monday’s surge as the prospect of a looming US government shutdown clouded the Federal Reserve’s monetary policy path ahead of next month’s interest-rate decision. Bullion gained as much as 0.9% to an all-time $3,867.25 an ounce, eclipsing the peak reached in the previous session when it closed up 2%. A…
Hong Kong stocks opened higher on Tuesday, following Wall Street’s rally, amid hopes of fresh stimulus after a report showed China’s manufacturing activity remained weak. The Hang Seng Index rose 0.4% to 26,736.44, while Hang Seng Tech added 1%. Technology and e-commerce stocks led the gains, with Alibaba surging nearly 2%, JD.com rising 0.8%, and…
Oil pushed lower for a second session as the market weighed a looming glut and the possibility for an end to hostilities in Gaza, which could siphon some of the war premium out of prices. West Texas Intermediate slipped toward $63 a barrel after tumbling 3.5% on Monday, the biggest drop since late June. Brent closed…
Japanese stocks closed lower on Tuesday (September 30) after minutes of the Bank of Japan (BOJ) meeting indicated the possibility of a future interest rate hike. The Nikkei 225 index fell 0.25%, or 111.12 points, to 44,932.63. The minutes of the September 18-19 meeting showed differing views among board members, with some supporting a rate…
