Japan's Tech-Driven Rally Lifted Indexes to New Highs, Capital Spending Stalled In First Quarter

Japanese companies' spending on plant and equipment stalled in the first quarter, after rising in the previous four consecutive quarters.

China's Manufacturing Growth Remained Strong In May

China's business activity surveys in May confirmed twin headwinds, but the growth in orders for private businesses showed continued strength in demand for Chinese manufactured products.

Japan's Economic Updates Confirmed Resilient Conditions

Japan's retail sales rose at a faster pace in April, supported by the stimulus package boosting demand. Tokyo-area core consumer price inflation eased in April and stayed below the BoJ's target rate of 2%.

China's Indexes Delivered Mixed Performance In May

China's indexes delivered mixed performance in May, as investors navigated sharp swings driven by the continued strength in technology stocks and uncertainties linked to commercial shipping through the Strait of Hormuz.

Japan's Indexes Struggled to Maintain Momentum Amid Weakness In Tech Stocks and Inflation Worries

Japan's benchmark indexes bounced around the flatline, and investors held out for higher highs in AI-linked stocks. Uncertainty over the reopening of the Strait of Hormuz contributed to market anxiety.

Tech Pullback and Hormuz Uncertainties Weighed on China's Indexes

China's indexes faced headwinds amid uncertainty over the reopening of the Strait of Hormuz and a pullback in AI- and semiconductor-linked stocks.

Japan's Indexes Hit New Intraday Highs Amid AI Enthusiasm

Japan's indexes erased morning gains, and investors continued to pour fresh capital into AI- and semiconductor-linked companies.

China's Industrial profit Growth Accelerated Despite Middle East Tensions

China's industrial profit growth in the four-month period to April accelerated, despite persistent geopolitical uncertainties linked to tensions in the Middle East.

U.S. Accelerates Oil Diplomacy in Asia, Targeting Japan, S. Korea, and Philippines

Japan's market indexes edged lower amid renewed worries about the prolonged closure of the Strait of Hormuz. The U.S. accelerated its efforts to sell crude oil to Asian nations, replacing supplies from the Gulf states.

China's Indexes Lacked Directions After U.S. Resumed Attacks in Iran, SMIC In Focus

China's indexes lacked direction amid renewed violence in the Middle East. SMIC won the final regulatory approval to acquire the remaining stake in its foundry unit through a stock offering.

Japan's Exports Growth Accelerated and Inflation Eased In April

Japan's core and overall inflation eased and stayed below the BoJ's target rate for the fourth consecutive month in April. Japan's exports rose at a faster pace in April, driven by a rise in global demand for its electrical and electronic products.

China's Indexes Halted Weekly Advances Valuation and Geopolitical Worries

China's indexes extended weekly losses, and investors turned cautious amid ongoing uncertainty over the U.S.-Iran peace talks and weakening domestic economic trajectory.

Japan's Indexes Dropped 2%, JGB Yields Rose to Three-Decade Highs

Japan's indexes fell sharply following a sharp sell-off in global bond market. The Japan's 10-year government bond yield rose to the highest level since 1996 amid worries of near-term interest rate hike.

PBoC Holds Reference Rates Steady, Hong Kong Tech Stocks Waver

The People's Bank of China held its reference rate steady amid gathering inflationary pressures and weakening economic data.

Japan's Producer Price Inflation Accelerated to a 3-Year High, Tech Stocks Plunged 8%

Japan's producer price index rose in April at the fastest annual pace since May 2023, supporting the case for an increase in interest rates at the end of the next two-day policy meeting on June 16.