Nikkei 225 Halted 3-Day Rally, Household Spending Expanded In December but Fell In 2024

Japan's benchmark indexes trimmed weekly advance after indexes halted a three-day rally. Household spending expanded at the fastest pace in December, but in real terms fell for the second consecutive year in 2024.

Tech Rally Powered Weekly Gains In China and Hong Kong Indexes

The Hang Seng index extended its weekly advance to 5%, and the CSI 300 index gained nearly 2%, driven by the sustained rally in tech stocks.

Japan Stock Rally Extends to Third Day; Marubeni, Nippon Electric Glass, Renesas Electronics In Focus

Japan's indexes advanced for the third day in a row, tracking gains in tech stocks on Wall Street. Honda ended merger talks with Nissan and proposed to acquire the struggling automaker. Nippon Electric Glass announced a stock repurchase plan. Marubeni lifted its annual net income outlook.

U.S. Trade Policy Uncertainty Weighed On Market Sentiment In China and Hong Kong

China indexes staged a mild rebound, but investors braced for more uncertainty in trade relations and additional barriers for shipments to the U.S.

Japan Indexes Extend 2-Day Rally, Panasonic and Isetan Mitsukoshi In Focus

Benchmark indexes in Tokyo advanced for the second consecutive day, driven by a rally in semiconductor equipment stocks. Panasonic Holdings lifted its fiscal year revenue and earnings outlook. Isetan Mitsukoshi reported a surge in earnings in the nine-month period ending in December.

China and Hong Kong Indexes Turned Lower Following U.S.-China Tariff War

Stock market indexes in China and Hong Kong turned lower after investors returned from the Lunar New Year holidays. China imposed a symbolic levy on about 12% of imports from the U.S. in retaliation to the U.S. tariffs and the U.S. Postal Service temporarily blocking parcels from China and Hong Kong.

India Movers: Adani Enterprises, Adani Ports, Bajaj Finserv, Bank of Baroda, Biocon, Dabur, GAIL, Geojit Financial, Kalyan Jewellers, L&T

Larsen & Toubro reported a surge in revenue and earnings in the December quarter. Bajaj Finserve said net income rose at a slower pace in the latest quarter. Adani Ports said container cargo volume growth slowed to 4% from 10% in the previous quarter.

Wall Street Reviews Mega-Cap Tech Earnings, Fourth Quarter GDP Growth Slowest In Three Quarters

Stock market indexes lacked direction on Wall Street as attention shifted from the Federal Reserve to a slew of earnings from leading technology and industrial companies. GDP growth in the fourth quarter eased to the slowest pace in three quarters.

MSFT META TSLA IBM UPS

India Movers: Ambuja Cements, Adani Power, Bajaj Finance, Blue Dart Express, Indian Bank, Maruti Suzuki, Tata Motor, Voltas

Ambuja Cements reported a sharp jump in revenue and earnings in its latest quarter on the sustained increase in production. Bajaj Finance reported a strong increase in revenue and earnings and a rise in net interest income in the latest quarter.

India Movers: Arvind, Bajaj Auto, Cipla, Colgate-Palmolive, Hindustan Zinc, Hyundai Motor, Suzlon Energy, TVS Motor

Bajaj Auto and TVS Motor reported a rise in revenue and earnings, but Hyundai Motor said profit plunged in the December quarter. Hindustan Zinc, Cipla, Arvind Limited, and Suzlon Energy reported strong quarterly results.

Japan's Indexes Struggled After Weakness In Tech Stocks

Japan's benchmark indexes struggled to advance a day after the Bank of Japan raised rates and signaled the possibilities of additional rate hikes in the near future.

China Business Activities Growth Slowed Ahead of Lunar New Year Holidays

China's top financial regulator announced additional measures to facilitate stock market investments for large investment and insurance companies. Business activities in the manufacturing and the services sectors slowed in January.

India Movers: Andhra Cements, Au Small Finance, Bank of India, DLF, GPCL, JSW Steel, Laurus Labs, Shakti Pumps, Torrent Pharma

Bank of India and Au Small Finance reported a rise in revenue and earnings in the December quarter, reflecting the strength in demand for consumer and corporate loans.

BoJ Lifts Rates to 17-Year High, Consumer Inflation Accelerates In December

The Bank of Japan lifted its policy rate by 25 basis points, revised higher its inflation outlook, and lowered its GDP growth estimate for the current fiscal year. Consumer price inflation accelerated for the second month in a row in December.

China and Hong Kong Stocks Advanced, PBoC Held Rates Steady

Stock market indexes in China and Hong Kong advanced after the People's Bank of China held its one-year lending rate steady. China's top financial regulator urged insurance and other investment companies to increase exposure to Chinese stocks.