Nikkei Japanese stocks rounded out a weekly gain after data showing cooling inflation added to the supportive environment for equities. Topix Index rose 0.4% to 2,336.43 as of market close Tokyo time. Nikkei advanced 0.1% to 33,169.05. Mitsubishi UFJ Financial Group Inc. contributed the most to the Topix Index gain, increasing 2.9%. Out of 2,154…
The Hang Seng Index rose 192 points (+0.75%) to close at 25,690 on Friday, extending its rally to three consecutive sessions as nearly all sectors advanced. Sentiment was also boosted by the strengthening of mainland Chinese stocks, coupled with reports that ByteDance had reached an agreement with three major investors to form a joint venture…
Oil prices rose for a second day as geopolitical risks from Venezuela to Russia outweighed long-standing concerns about a global supply surplus. This means that even though global supply is still considered excessive, the market is still pushing prices up due to fears of political supply disruptions. In recent trading, WTI rose to near $57/barrel…
Oct 7 2024, 09:13 The Hang Seng Index is higher on Monday with recent trading volumes posting exceptional numbers, even during China’s public holidays. This is a tailwind that investors can’t ignore. Moreover, China National Development and Reform Commission will be holding a press conference on Tuesday to discuss a package of incremental economic policies which is expected…
Apr 24 2025, 09:38 The Nikkei 225 Index jumped 0.8% to above 35,100 while the broader Topix Index gained 0.7% to 2,602 on Thursday, with Japanese shares rising for the second straight session and tracking Wall Street higher. The rally followed comments from U.S. President Donald Trump, who signaled a softer stance on China tariffs….
Gold prices were trading below record high levels on Wednesday after a rally fuelled by Western fund inflows and U.S. rate-cut optimism, as investors braced for minutes of the Federal Reserve’s latest meeting for clarity on the depth of cuts. Spot gold was up 0.1% at $2,517.08 per ounce, as of 0427 GMT, after hitting…
