Asia Stocks Erase Loss, Bonds Fall on US Inflation: Markets WrapNew!!
Asian stocks erased early declines after dip buyers stepped in following early weakness in chipmakers. Bonds fell after US inflation accelerated, fueling speculation the Federal Reserve will raise interest rates next year.
Deepening Memory Crunch Widens Gap Between Stock Winners, LosersNew!!
The worsening shortage in global memory chips due to the artificial intelligence buildout is driving a widening gulf in corporate results and stock performances.
India More Than Doubles Gold, Silver Tariffs to Defend the RupeeNew!!
India has raised import tariffs on gold and silver in an attempt to curb bullion purchases and defend its currency, as it grapples with the fallout from the Middle East war.
Japan’s 20-Year Bond Yield Rises to 1997 High on Inflation WoesNew!!
Japan’s 20-year government bond yield breached its January peak to touch the highest level since 1997, as rising energy prices add to inflation pressure.
NZ Can’t Rely on Geographic Isolation for Security, Luxon SaysNew!!
New Zealand can no longer assume its isolated location and “quiet reputation” will protect it and must instead boost its national resilience and security to navigate volatile geopolitics, Prime Minister Christopher Luxon said.
Korean Stocks Rebound as Retail Traders Counter Foreign SellingNew!!
South Korean stocks rapidly erased losses Wednesday as local retail investors bought into a wave of selling by foreign funds.
Henry Wang on US–China Summit ExpectationsNew!!
Henry Huiyao Wang, Founder and President of the Center for China and Globalization, says both Iran and the United States are seeking to de-escalate the ongoing conflict. He adds that China could provide a platform for both sides to “gracefully climb down the ladder” if U.S. President Donald Trump and Chinese President Xi Jinping reach […]
India’s Economic Strength Defies Foreign Outflow Fears, S&P SaysNew!!
India is weathering global financial pressures better than headline data suggest, with worries over foreign outflows overstated, according to S&P Global Ratings.
Shiseido Dips Most in 6 Months on Weak Sales Despite Profit BeatNew!!
Shiseido Co. shares fell the most in nearly six months after the Japanese cosmetics company reported first-quarter net sales that just missed analyst estimates.
Australian Budget to Support Debt, Hit Consumer Stocks: AnalystsNew!!
Australian bonds may find longer-term support after an initial selloff, while consumer-linked shares may come under pressure following tax changes unveiled in the fiscal 2027 budget, analysts said.