Asia Stock Market News Today
The Bank of Japan lifted its short-term policy rate by 25 basis points to 1.0%, a three-decade high, as policymakers struggled to contain the energy shock from fueling broader inflation.

The lingering weakness in the property market weighed on the overall economy and household demand growth.

Japan's indexes surged 5%, and crude oil prices plunged over optimism that commercial shipments through the Strait of Hormuz could resume as early as next month.

China's indexes advanced and participated in an Asia-wide rally following optimism over a possible U.S.-Iran deal.

Japan's industrial production inched higher from the previous month in April. Benchmark indexes in Tokyo advanced amid hopes of a longer-lasting peace agreement between the U.S. and Iran.

China's indexes soared on Friday and extended their weekly advance amid optimism that the U.S. and Iran are likely to strike a lasting peace agreement, paving the way for the Strait of Hormuz to reopen.

Japan's indexes rebounded from sharp losses in early trading and halted a three-day decline ahead of the Bank of Japan's possible rate actions next week.



China's benchmark indexes struggled to advance amid escalating tensions in the Middle East.

Japan's indexes dropped between 1% and 2% amid renewed hostilities in the Middle East. Producer price inflation in May accelerated to a three-year high.

China's inflation reports confirmed building pressures at the wholesale level amid surging global energy prices linked to the prolonged tensions in the Middle East.

Japan's indexes recovered from Monday's losses, and AI- and semiconductor-related stocks rebounded from a three-day decline.

China's exports, imports, and trade surplus expanded in May, overcoming elevated energy costs and geopolitical uncertainty because of the war in Iran.

Japan's indexes plunged 4%, reflecting a sharp sell-off on Wall Street in Friday's trading amid renewed worries of higher-for-longer U.S. interest rates. Benchmark indexes in South Korea dropped 7% amid a global rout in tech stocks.

Asian and Chinese indexes turned sharply lower in Monday's trading as the global tech rout deepened.



Japan's real wages rose for the fourth consecutive month in April, marking the longest positive streak since 2021.

Renewed tensions in the Middle East continued to weigh on trading sentiment in China, and AI-linked stocks rebounded.