The Nikkei 225 Stock Average extended weekly losses to 1.5% following sharp losses in tech stocks and a broad sell-off sparked by weakness in New York. The yen extended its 2025 gain to 5% ahead of the Bank of Japan's rate decisions, pushing down the export-sensitive stocks.

Stock market indexes in Hong Kong trimmed weekly advance to over 4%, the best weekly rise in two months, after the government set an ambitious annual economic growth target of 5%.

Benchmark indexes in Tokyo extended gains for the second consecutive session, and export-driven stocks led gainers. The yen advanced amid hopes that the Bank of Japan will continue with its rate-hike campaign.

Benchmark indexes in China and Hong Kong advanced amid optimism about additional stimulus after the Beijing leadership set an ambitious economic annual growth target in 2025.

Benchmark indexes in Japan lacked direction after the U.S. launched a global trade war and signaled to expand its tariffs beyond its three key trade partners. Japan's service sector growth was revised higher in February.

China set an annual economic growth target of 5% and raised its annual deficit level to a record high of 4%. Benchmark indexes in Hong Kong and China advanced in the hopes of additional stimulus measures.

China retaliated with its list of tariffs on American farm products and trade restrictions on American advanced tech companies and threatened to bring a lawsuit against the U.S. to the World Trade Organization.



Benchmark indexes in Japan rebounded following a surge in tech stocks on Wall Street in Friday's trading. The yen strengthened amid expectations of a narrowing rate differential between the U.S. and Japan in 2025.

China's manufacturing activities rebounded slightly in February, according to two surveys; however, the rebound was weaker than anticipated. Mixue Group, the most popular initial public offering in Hong Kong ever, soared more than 40% on the first day of trading.

The Nikkei 225 Stock Average extended weekly losses amid worries of U.S. tariffs and rising trade barriers and softer economic data. Tokyo-area inflation edged lower in February, and Japan's industrial production fell in January; however, retail sales advanced for the 34th consecutive month in January.

China and Hong Kong indexes extended weekly losses as investors began to factor in the negative impact of the U.S. tariffs on China's exports, the key driver of economic growth.

Investors are looking ahead to the release of key economic data, including inflation in the Tokyo area on Friday. Seven & I failed to arrange the financing needed for its management buyout.

Tech stocks faltered for the second consecutive session amid growing anxieties about stretched valuations. Investors are looking ahead to announcements from the legislative meeting next week.

Japan's investors looked ahead to the release of industrial production and retail sales data. Tokyo-area consumer price inflation is expected to accelerate amid rising food and fuel prices.



Tech stocks extended monthlong gains as foreign investors resumed buying and increased allocation to high-flying e-commerce and online services providers. The Hang Seng index extended its 2025 gain to over 21%.

Benchmark indexes in Japan traded down amid rising trade tensions with the U.S. and uncertainty surrounding the domestic rate path. Warren Buffett-controlled Berkshire boosted its stake in Japan's trading houses.