Nikkei Drops 1%, China Life, Haier, and ICBC Earnings Lift China Indexes

The Nikkei 225 dropped after investors booked profits. China indexes advanced after better-than-expected earnings from Haier Smart Home, China Life, and ICBC.

Alibaba Cancels Logistic Unit IPO, Nikkei at Record Level After Yen Drops to a 34-year Low

Alibaba Group canceled the initial public offering of its logistic unit in Hong Kong after weak demand from investors. The electric vehicle maker BYD reported a record annual profit in 2023, but its cautious outlook dampened the mood in China. The Japanese yen dropped to a 34-year low as the Nikkei advanced to a new record high. 

China Stocks Rebound After Positive Earnings, Yen Hovers Near 4-month Low

China market indexes edged higher after PetroChina, China Merchants Bank, and China Resources Land reported better-than-expected earnings. The Japanese yen hovered near a 4-month low.

Profit Booking Drives Nikkei Lower, Meituan Earnings Lifts China Indexes Higher

Benchmark indexes in Tokyo closed lower, and the yen continued to trade near multi-decade lows. Indexes in Shanghai and Hong Kong advanced ahead of earnings releases later in the week. Meituan and China Hongqiao reported better-than-expected financial results. 

Japan Indexes Close at New Record Highs, China Indexes Extend 3-year Losses

Tokyo stock indexes traded at new record highs, and indexes in Shanghai and Hong Kong extended weekly and three-year losses after several leading companies announced earnings declines.

Asian Markets Rebound After U.S. Rate Decision; Japan's Exports Jump 8%

Stock markets in Asia traded higher after the U.S. Federal Reserve held its interest rates steady, as widely anticipated. Japan's February exports soared 8% after vehicle and electrical machinery exports rose to Europe and the U.S. 

China Holds Rates Steady, Yen Weakness Persists Despite BoJ Hiking Rates

The People's Bank of China held its one-year and five-year rates steady as widely anticipated, but the central bank failed to provide additional stimulus. The yen drifted lower for the second day after the Bank of Japan ended its eight-year-old negative rate policy. 

Japan Ends Negative Rates In a Historic Move, First Rate Hike In 17 Years

The Bank of Japan lifted its rate above zero for the first time in 17 years, ended stock ETF purchases to support its stock market, and stopped targeting yield rates for Japanese government bonds. 

China Stocks Rebound On Economic Optimism, Japan Stocks Jump Ahead of Rate Decisions

China reported better-than-expected retail sales, fixed investment, and industrial output data for the January–February period but postponed the release of the youth unemployment rate for February. India's overall trade deficit plunged in February.

New Home Price Decline In China Extends to 9th Month, Japan's Rate Decision In Focus

China's new home prices declined for the ninth consecutive month and the People's Bank of China held its 1-year interest rate. The Bank of Japan is scheduled to announce its rate decision next week.

Japan Wage Negotiations Dominate Market Sentiment, China Stocks Under Pressure Ahead of Earnings

Large wage increases in Japan raised hopes that the Bank of Japan may be nearing the end of its two-decade-long negative interest rate policy as early as next week. Stocks in Shanghai were under pressure amid rising tensions with the U.S. and ahead of earnings announcements next week.

Weak Tech Stocks Drive Nikkei Lower In Tokyo, China Stocks Extend 4-day Rally

Stocks in China rebounded in the hopes that the current stock buybacks may stabilize financial markets. Japanese investors looked ahead to the monetary policy decisions next week. India's inflation held steady, but industrial production moderated. 

Japan's Producer Price Inflation Rebounded, Chinese Companies Accelerate Stock Buyback Plans

Chinese lawmakers ended their annual gathering and failed to announce substantial stimulus to property markets and measures to stabilize financial markets. Chinese companies stepped up their stock buyback plans. Japan's producer price inflation rebounded.

Japan Narrowly Avoided Recession After GDP Growth Revised Higher, China's Inflation Rebounded

Japan's fourth quarter GDP was revised higher, and the Japanese yen edged up. Benchmark indexes in Shanghai and Hong Kong advanced after China's February consumer price inflation rebounded and foreign fund flows turned positive after six months of decline.

Rate Worries Drag Down Nikkei 1%, China's Surge In Exports Fail to Halt Market Slide

Rate jitters dominated trading in Tokyo, and record low bond yields in Shanghai hovered over stock markets in China. China's exports and trade surplus rose more than expected in the January–February holiday months. India is likely to surpass its economic growth target in the current fiscal year.