Japan's Core Inflation Stays Above 2% Rate for 25th Month, Nikkei 225 Extend Weekly Losses to 1%

Japan's consumer price inflation eased in April after food price inflation slowed, but overall prices continued to rise above the 2% level since March 2022. The Nikkei 225 Stock Average extended weekly losses, reflecting volatility in tech stocks. 

Weak Earnings Outlook and Piecemeal Policy Response Drag China Indexes Down, Hang Seng Drops 5%

Market indexes in Shanghai and Hong Kong fell sharply and extended weekly losses after investors turned cautious amid a weak earnings growth outlook and a lack of economic catalysts. 

Tech Rally Lifts Nikkei 225, Japan's Private Sector Activity Growth Accelerates In May

Tech stocks supported the strong market advance in Tokyo trading, and market indexes halted a two-day slide. Japan's private sector business activity index accelerated for the third month in a row and reached a nine-month high.

China Bull Market Faces Correction After Weak Earnings Growth Outlook

Market indexes in Shanghai and Hong Kong declined for the third day in a row as the six-week market rally lost steam amid corporate earnings weakness and persistent weakness in the property market.

China Stock Market Rally Loses Steam, Xpeng Reports Narrower Quarterly Loss

The stock market rally in Shanghai and Hong Kong appeared to run out of steam after market indexes rebounded to 10-month highs earlier in the week. Xpeng reported a narrower-than-expected loss in the first quarter. 

Japan Indexes Erase Morning Gains; Tokio Marine and MS&AD Soar

Stocks in Tokyo erased morning gains, and benchmark indexes closed down ahead of the release of consumer price inflation data later in the week. Tokio Marine announced a plan to buy back its own stock. 

Hang Seng Index Drops 2%; Intense EV Price War Drags Li Auto Earnings

Market indexes in Hong Kong and Shanghai turned lower after Li Auto reported a sharp decline in its first quarter profit because of intense price competition in the electric vehicle market.

Nikkei 225 In Tokyo Extends Rally to Fifth Week Ahead of Key Economic Releases

Benchmark indexes in Tokyo extended gains in the previous four weeks, and the yen drifted lower against the U.S. dollar. Banks, technology, resource, and mining companies were among the leading gainers.

PBOC Holds Loan Prime Rates and Announces Measures to Facilitate Residential Property Market

The People's Bank of China held steady its one-year and five-year loan prime rates and announced multiple measures to increase liquidity and facilitate transactions in the residential property market.

Yen and Tech Stock Weakness Drive Stock Market Volatility In Japan

Benchmark indexes in Japan extended weekly gains, and investors reviewed the persistent weakness in consumer spending highlighted in the latest GDP report. The yen faced renewed selling pressure amid worries about the wide interest rate gap between Japan and the U.S.

China's Weak Economic Data Highlighted Difficulties of Meeting 5% Annual Growth Target

The latest economic data from China highlighted weak consumer demand, ongoing property market malaise, and solid growth in industrial output driven by sustained government spending.

Japan's GDP Contracted After Consumers and Businesses Curb Spending

Japan's GDP in the first quarter contracted more than expected due to a persistent weakness in private spending compounded by a weakness in business investment. 

China Indexes Advanced Ahead of Key Economic Data and Earnings Releases

Benchmark indexes in Shanghai and Hong Kong advanced ahead of earnings from leading tech companies later today and key economic data on Friday.

Nikkei In Tokyo Traded Sideways; Sony, Yokohama Rubber, and Nitori In Focus After Earnings Results

Benchmark indexes eased in the afternoon trading in Tokyo, and tech stocks were among the leading gainers. Sony advanced after reporting a surge in quarterly profit driven by gains in the movie and game businesses. Yokohama Rubber reported its second record quarterly sales in a row. Nitori plunged after sales and earnings declined. 

Shanghai Indexes Trade Down Amid Rising Trade Tensions Between the U.S. and China

Stocks and benchmark indexes in Shanghai traded down amid rising trade tensions between the U.S. and China. Markets in Hong Kong were closed for a public holiday. China held its one-year medium-term lending rate at 2.5%.