Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
Hong Kong’s benchmark Hang Seng Index was up 1.2%, led by insurance stocks. Markets were likely digesting new measures announced by the China Securities Regulatory Commission to boost investments in the A-share market.
Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets. Trump said Tuesday he was considering a 10% punitive duty on Chinese imports over concerns about fentanyl being smuggled from China to the U.
Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets.
HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.
European markets open higher while Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets
In 2015, mainland Chinese companies constituted about 50% of the firms listed on the Hong Kong Stock Exchange and accounted for about 66% of the exchange's market capitalization. During the past ...
Asian shares were mixed in a muted reaction Tuesday to the inauguration of U.S. President Donald Trump. U.S. markets were closed Monday for the Martin Luther King Jr. Day holiday.