The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened expectations for further easing by the Federal Reserve this year. Jackal Pan | Moment | Getty Images The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact. The dollar…
Morning light hits the U.S. Capitol hours ahead of a press conference to discuss the Epstein Files Transparency bill, directing the release of the remaining files related to the investigations into Jeffrey Epstein and Ghislaine Maxwell, on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Jonathan Ernst | Reuters The U.S. government entered a…
Asia-Pacific markets opened mixed Thursday after Wall Street continued to reach record highs over Fed-rate cut hopes and positive inflation data. Japan’s benchmark Nikkei 225 rose 0.23% in early trade, while the Topix index retreated 0.18%. South Korea’s Kospi advanced 0.67%, and the small-cap Kosdaq was up 0.2%. Over in Australia, the ASX/S&P 200 declined…
Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
Chinese and Hong Kong stocks open flat Chinese and Hong Kong stocks were little changed Tuesday, as investors assessed the latest developments in U.S.-China trade relations. As of 9:45 a.m. local time (9:45 p.m. ET Monday), the Hang Seng Index moved down 0.1%, while mainland’s CSI 300 was flat. — Amala Balakrishner SoftBank Group shares surge 8% Shares…
Japan’s Topix hits all-time high Japan’s Topix index rose for the fourth consecutive session Friday and hit a record high of 3,031.78. The broad-based index had gained 1.42% as of 10 a.m. local time (9 p.m. ET Thursday), Gains were led by Nippon Chemical Industrial, which surged 23.06%, investment management firm Miyakoshi Holdings, which rose…
Asia-Pacific markets close mostly in the green Asia-Pacific markets closed mostly higher Thursday. Japan’s Nikkei 225 benchmark rose 0.65% to close at 41,059.15, while the Topix climbed 0.72% to 2,987,92. Over in South Korea, the Kospi index advanced 0.92% to end the day at 3,227.68, and the small-cap Kosdaq added 0.29% to close at 805.81….
Chinese and Hong Kong stocks fall in early trade Chinese and Hong Kong stocks started the day lower Monday, following declines in most of the other key Asia-Pacific markets. As of 9:40 a.m. local time (9:40 p.m. ET Sunday), the Hang Seng Index lost 0.23%, while mainland’s CSI 300 declined by 0.42%. — Amala Balakrishner Japan’s Nikkei 225…
Asia-Pacific currencies mostly depreciate against the greenback Asia-Pacific currencies mostly depreciated against the greenback on Friday after U.S. President Donald Trump modified tariff rates on several countries. The U.S. dollar index, which measures the greenback against six major currencies, rose 0.11% to 100.73 as of 10:40 a.m. Singapore time (10:40 p.m. ET Thursday). The Japanese…
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. Japan’s Nikkei 225 benchmark moved up 0.21% while the broader Topix index ticked up 0.28%, as of 8.10 a.m. Singapore time (8.10 p.m. ET Wednesday). In South Korea, the Kospi index fell 0.14% while the small-cap Kosdaq was flat. Over in Australia, the S&P/ASX 200 benchmark fell…