Daily News – 10October’25
1. Asia-Pacific markets traded mixed Friday, tracking Wall Street declines as investors assessed the state of the economy. Shares of South Korean chipmakers SK Hynix and Samsung Electronics hit record highs Friday, after a near-weeklong holiday, boosted by a series of artificial intelligence deals. SK Hynix shares jumped 10% while Samsung Electronics rose nearly 6% […]
Daily News – 09October’25
1. SoftBank shares soar 13% after it agrees to buy ABB robotics unit for $5.4 billion Shares of SoftBank jumped as much as 13% Thursday, a day after the Japanese giant announced a deal to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, further advancing SoftBank’s AI footprint. The deal, which is subject to regulatory approval globally, […]
Daily News – 08October’25
1. Asia-Pacific markets traded mixed Wednesday. Asia-Pacific stock markets, meanwhile, traded flat Wednesday, breaking ranks from Wall Street losses, after the World Bank raised the region’s growth forecast Tuesday. Hong Kong’s Hang Seng index slid 1.01%. Japan’s benchmark Nikkei 225 was little changed, while the Topix added 0.66%. The Japanese yen weakened 0.38% to 152.48 against the greenback after sliding to the […]
Daily News – 07October’25
1. Japan’s Nikkei 225 hits record high for second straight day after Wall Street gains on AMD rally Japan’s Nikkei 225 hit a record high Tuesday for the second straight session, lifted by a tech rally on Wall Street after a massive deal between OpenAI and AMD — seen as one of the most direct challenges yet to chipmaker […]
Daily News – 06October’25
1. Japan stocks hit record high after ruling party picks pro-stimulus Sanae Takaichi Japan’s Nikkei 225 index jumped over 4% to hit a record high Monday after the country’s ruling Liberal Democratic Party elected staunch conservative Sanae Takaichi as its new leader Saturday, positioning her to become the country’s first female prime minister. Similarly, the Topix rose […]
Daily News – 03October’25
1. Asia markets track gains on Wall Street as investors look past government shutdown Japan’s Nikkei 225 climbed 1.11%, led by gains in Japanese conglomerate Hitachi, which rose nearly 8%. The company announced late Thursday a partnership with OpenAI to build artificial-intelligence infrastructure and data centres globally. The Topix index was up 1.01%. Japan’s unemployment rate rose to […]
Daily News – 02October’25
1. South Korea’s Kospi hits record high as Samsung and SK Hynix soar on OpenAI partnership South Korea’s Kospi index jumped more than 3% Thursday to hit an all-time high, lifted by gains in heavyweight Samsung Electronics and SK Hynix. Meanwhile, the Kosdaq rose 0.95%. South Korea’s consumer price index climbed 2.1% year on year in September, […]
Daily News – 01October’25
1.Asia markets trade mixed after U.S. government shuts down Asia-Pacific markets were mixed Wednesday, following gains on Wall Street as investors appeared unperturbed by the U.S. government shutdown. Spot gold prices surged 0.09% to hit a fresh record of $3,875.32 as of 11:04 a.m. Singapore time (11:04 p.m. ET). Over in Japan, the central bank […]
Daily News – 30September’25
1. Asia-Pacific markets trade mixed as China manufacturing contracts for a sixth straight month Asia-Pacific markets traded mixed Tuesday as China’s official reading showed manufacturing activity contracted for a sixth straight month, albeit less than market estimates. The Manufacturing Purchasing Managers’ Index came in at 49.8, data from the National Bureau of Statistics showed, compared with expectations […]
Daily News – 29September’25
1. Asian pharma stocks extend declines after Trump slaps 100% levies on branded drugs Shares of Asian pharmaceutical companies fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, “any branded or patented Pharmaceutical Product” faces 100% duties, except for companies that build drug manufacturing plants in […]