Asia Stock Market News Today
The official measure of China's factory activities expanded in June, driven by the sustained increase in high-tech exports.

Japan's indexes turned lower following renewed hostilities in the Middle East and increased uncertainty over the reopening of the Strait of Hormuz. Japan's retail sales growth accelerated in May and increased at the fastest pace since November 2023.

China's benchmark indexes edged higher, overlooking escalating tensions in the Middle East and threatening resumption of commercial shipments through the Strait of Hormuz.

Japan's indexes plunged in Friday's trading and extended weekly losses amid growing concerns over AI-related sector valuations. The Tokyo area's inflation stayed below the central bank's target rate for the fifth consecutive month in June.

China's indexes plunged nearly 2% amid an Asia-wide sell-off as investors turned wary of frothy valuations and leveraged tech positions.

Japan's benchmark indexes rebounded, driven by a surge in AI-related stocks following Micron Technology's quarterly results and outlook.

The People's Bank of China announced its plans to introduce an overnight reverse repo operation, improving short-term liquidity and interbank borrowing costs.



China's shipments of rare-earth materials to Japan dropped to a one-year low in May amid rising political tensions between the two largest economies in Asia.

China's benchmark indexes struggled to rise above the flatline, and China's rare earth minerals shipments to Japan dropped to a one-year low.

Japan's benchmark indexes plunged as much as 3% amid a weakness in semiconductor- and AI-related stocks. Japan's manufacturing activities expanded at a faster pace in June, partly driven by a faster rise in new orders.

Benchmark indexes in China eased, reflecting market weakness in overnight trading in New York. Knowledge Atlas, the parent company of Zhipu AI, soared after the release of the new AI model.

Japan's indexes closed at new record highs, driven by a rally in domestic semiconductor and equipment firms, which are viewed as key beneficiaries of the ongoing global AI infrastructure investment boom.

The People's Bank of China held loan prime rates steady for the thirteenth month in a row amid a weakening economic growth backdrop and lingering tensions in the Middle East.

Japan's overall and core inflation stayed below the target rate of 2% in May as the decline in energy and electricity prices moderated amid the ending of government subsidies.



Japan's indexes extended this week's gains and traded at new record highs amid optimism over the reopening of the Strait of Hormuz. Financial services providers and semiconductor equipment makers led gainers.