Asia Stock Market News Today
The two-day U.S.-China summit is likely to end with a little progress in ending the blockade of the Strait of Hormuz. Alibaba accelerated its investment in artificial intelligence infrastructure as core e-commerce revenue growth disappeared.

China's indexes hovered near the flatline, crude oil prices remained elevated, and tech stocks held near record highs amid optimism over artificial intelligence-related demand.

Japan's household spending declined for the fourth consecutive month in March amid rising inflationary pressures. JTX Advanced Metals announced its plan to sell convertible bonds and finance a stock buyback program.

China's indexes struggled to advance amid ongoing geopolitical tensions in the Middle East. CK Hutchison Holdings agreed to sell its minority stake in the U.K.-based VodafoneThree.

China's exports advanced and its trade surplus narrowed in April from a year ago amid supply disruptions in the Middle East and a sharp rise in commodity prices. China's inflation accelerated in April.

China's indexes trimmed weekly gains, and investors held out for higher highs amid earnings optimism and overlooking the fragile ceasefire in the Persian Gulf.

Japan's benchmark indexes reached new record highs in the post-holiday session amid optimism about artificial intelligence infrastructure investment.



China's benchmark indexes advanced, led by technology stocks, amid hopes of easing tensions in the Middle East, and a decline in oil prices boosted market sentiment.

Japan's indexes hovered near a flatline after a choppy week of trading, and the yen rebounded as much as 3% following a joint intervention by the authorities.

Stocks in China meandered, and investors reacted to corporate results. However, market sentiment was subdued amid worries of a prolonged shutdown in the Persian Gulf.

Japan's benchmark indexes declined 1% from record highs set in the previous session. The Bank of Japan held its short-term rate unrevised, and March's jobless rate inched higher.

China's indexes meandered amid worries that a prolonged supply disruption in the Strait of Hormuz is likely to stoke global inflation and slow economic growth.

China's industrial profit growth accelerated in March, driven by a sustained demand for advanced equipment and semiconductors for AI-related data centers.

Japan's annual core inflation accelerated in March, driven by higher energy prices.



China's benchmark indexes faced headwinds, and exporters passed on higher energy and raw materials prices to international customers.