Author: ZIMO ZHONG Associated Press

HONG KONG — Asian stocks were mixed Friday after Wall Street retreated from record highs as investors awaited a U.S. jobs report due later in the day. U.S. futures were lower and oil prices were little changed. This week’s highlight for markets will be Friday’s jobs report from the U.S. government, which will show how […]

HONG KONG — Asian markets retreated Wednesday after overnight political drama in South Korea added to regional uncertainties, though the Kospi in Seoul fell less than 2%. U.S. futures rose while oil prices were little changed. South Korea President Yoon Suk Yeol suddenly declared martial law on Tuesday night local time, prompting troops to surround […]

HONG KONG — Asian shares were mixed on Friday after U.S. markets were closed Thursday due to the Thanksgiving holiday. U.S. futures and oil prices rose. Tokyo’s Nikkei 225 index fell 0.4% to 38,183.31 after the government reported that inflation in Tokyo, considered an indicator for national trends, was 2.6% in November, up from 1.8% […]

HONG KONG — Asian stock rose on Friday following Wall Street gain after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. U.S. futures fell. Geopolitical tensions pushed oil prices higher. On Thursday, President Vladimir Putin announced that Russia had fired a new intermediate-range ballistic missile at Ukraine […]

HONG KONG — Asian stocks were mostly lower on Tuesday, despite gains on Wall Street, as worries mounted over escalations in the Russia-Ukraine war. U.S. futures edged higher while oil prices were little changed. On Tuesday, Ukraine fired several American-supplied longer-range missiles into Russia, according to the official, marking the first such use in nearly […]

HONG KONG — Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump’s election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the Nikkei 225 index was up 0.8% at 38,842.13 as the yen continued dropping against the U.S. dollar, fueling exporters’ sales. […]

HONG KONG — Asian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory. Japan’s benchmark Nikkei 225 slipped 1.1% in morning trading to 38,953.44, as wholesale inflation reached its highest level since July of last year. The corporate goods price […]

HONG KONG — Asian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations. China on Friday approved a 6 trillion yuan ($839 billion) plan during a national legislature meeting. The long-anticipated stimulus is designed to help local governments refinance their […]

HONG KONG — Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on the economy. Oil prices fell while U.S. futures edged higher. Regional investors were watching for much-anticipated steps by Beijing to rev up the slowing Chinese economy as the top body of […]

HONG KONG — Asian stocks were mostly lower Friday morning, with Japan’s benchmark Nikkei losing over 2% in early trading after a sharp decline on Wall Street driven by high expectations. United States futures and oil prices were higher. Japan’s benchmark Nikkei 225 sank 2.3% in morning trading to 38,196.53. On Thursday, the Bank of […]