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…
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…
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…
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…
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets were mixed Friday as investors awaited China’s April trade data amid worries of a significant slowdown in exports growth due to U.S tariffs. Economists polled by Reuters estimate outbound…
Filming an elevated overpass in Shanghai evening on a high-rise building Guowei Ying | Moment | Getty Images Asia-Pacific markets are mostly higher Monday as U.S. President Donald Trump’s April 2 tariff deadline looms. Australia’s S&P/ASX 200 slipped 0.07%. South Korea’s Kospi was up 0.13%, while the small-cap Kosdaq added 0.74% after South Korea’s Prime…
Doctoregg | Moment | Getty Images Asia-Pacific markets traded mostly higher Monday, as investors parsed Japan’s fourth-quarter economic growth data, while awaiting a slew of central bank decisions from the region this week. Japan’s Nikkei 225 traded around the flatline to close at 39,174.25. while the Topix added 0.28% to close at 2,766.9. South Korea’s…
