Asian shares rose at the open after a renewed wave of buying in companies linked to the artificial-intelligence boom sent Wall Street benchmarks to new peaks. Gold and oil edged lower on a peace deal in the Middle East. Shares gained in Japan and Australia after the S&P 500 closed 0.6% higher Wednesday, while the … Read more
S&P 500 and Nasdaq 100 index futures slipped as the US government neared a shutdown after a stopgap funding bill to avoid the closure failed. Contracts for the S&P 500 fell 0.2% after the index had its best September in 15 years, fueled by optimism over artificial intelligence and lower rates. A gauge of the … Read more
Gold hit a new record and dollar held its losses as concerns mounted over a US government shutdown. The precious metal, a traditional safe-haven asset, climbed above $3,839 an ounce. A gauge of the dollar was little changed after falling for two consecutive days. Equity-index futures for US dipped 0.1% while Asian shares were flat. … Read more
SYDNEY: Major share indexes crept higher in Asia on Monday as upbeat company earnings underpinned high valuations in the tech sector, while a crucial report on U.S. inflation would likely set the course of the dollar and bonds. Trade and geopolitics also loom large with a U.S. tariff deadline on China due to expire on … Read more
US stock futures climbed in early trading Thursday, largely looking past President Donald Trump’s threat of a 100% tariff on chip imports. Contracts for the S&P 500 and Nasdaq 100 rose 0.2% in early Asian trading, erasing brief losses. Trump said he would impose a 100% levy on imports of semiconductors, but will provide exemption … Read more
Asian shares inched higher in the leadup to US jobs data, after US stocks hit another record following Donald Trump’s announcement of a trade deal with Vietnam. A regional equity gauge opened up 0.2% after the S&P 500 closed at another record high Wednesday. News of a trade deal supported apparel stocks including Nike Inc. … Read more
SYDNEY: Global shares rallied and the dollar extended declines on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed. Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours, … Read more
Oil climbed and most stocks in Asia followed losses on Wall Street as concerns mounted that an escalation of tensions in the Middle East will trigger a more direct US involvement. West Texas Intermediate crude rose as much as 1.1% in early trading Wednesday after settling at the highest in almost five months the previous … Read more
Asian stocks rose at the open after data showed the US labor market is holding up despite concerns about risks from President Donald Trump’s tariff war. A regional gauge rose 0.3%, its first advance in four days. South Korean stocks led the moves with a 1.6% jump for the Kospi Index after the country elected … Read more
The dollar gained in early Asian trade after a two-day slide as investors across Asia stayed focused on exacerbated currency appreciations from Taiwan to Malaysia. A gauge of the dollar rose 0.3% after declining Monday as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s dollar and resonated across global foreign exchange markets. … Read more