Indonesian stocks hit 9-month high Indonesian stocks rallied for its fourth consecutive session Monday and hit a 9-month high. The benchmark Jakarta Exchange Composite Index was up 1.34% as at 10:32 a.m. local time (11:32 p.m. ET Sunday), after hitting a high of 7,658.95, its highest level since late October 2024, according to LSEG data….
Asia chip stocks continue to climb after U.S. lifts export curbs to China Chip stocks in Asia rose after artificial intelligence darling Nvidia said it would resume sales of its H20 AI general processing units to China “soon” following the U.S.’ reversal of export controls. TSMC, which manufactures Nvidia’s high-performance graphics processing units that help power large…
Jackal Pan | Moment | Getty Images Asia-Pacific markets swung between gains and losses Tuesday as investors assessed U.S. President Donald Trump’s latest tariff threats on 14 trading partners. Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the letters…
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets traded mixed on Monday after U.S. President Donald Trump confirmed that “reciprocal” tariffs, first announced in April, will take effect on Aug. 1 for countries that haven’t struck a deal. Trump added…
A general view of the SEBI (Securities and Exchange Board of India) building is seen in the business district of Mumbai, India, on July 1, 2025. Nurphoto | Nurphoto | Getty Images The Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India’s securities market, according to an order posted on…
Beijing Central Business District, mix of offices and apartments Ispyfriend | E+ | Getty Images Asia-Pacific markets mostly rose Monday, as investors assessed escalating Israel-Iran tensions and parsed a slew of data from China. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven…
Novo Nordisk shares climb 3% on easing compounder competition A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Shares of Wegovy maker Novo Nordisk climbed 3% Monday as telehealth platform Hims & Hers is reportedly set to cut 4% of its workforce amid…
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets traded mixed after President Donald Trump told U.S. steelworkers late Friday that he will double tariffs on steel imports to 50%, effective from Wednesday. Japan’s benchmark Nikkei…
Gyeonggi Province Bridge Over River With Buildings Against Sky, South Korea Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets rose Monday as investors welcomed U.S. President Donald Trump’s extended deadline on the imposition of 50% tariffs on imports from the European Union. Japan’s benchmark Nikkei 225 started the day 0.49% higher while the broader Topix index added 0.45%….
A man walks past buildings at Central Business District (CBD) in Beijing, China April 8, 2025. Tingshu Wang | Reuters Asia-Pacific markets fell Monday as investors await a slew of economic data from across the region and parse Moody’s downgrade of the U.S. credit rating. Japan’s benchmark Nikkei 225 slipped 0.54% at the open while…
