China's Industrial profit Growth Accelerated Despite Middle East Tensions

China's industrial profit growth in the four-month period to April accelerated, despite persistent geopolitical uncertainties linked to tensions in the Middle East.

U.S. Accelerates Oil Diplomacy in Asia, Targeting Japan, S. Korea, and Philippines

Japan's market indexes edged lower amid renewed worries about the prolonged closure of the Strait of Hormuz. The U.S. accelerated its efforts to sell crude oil to Asian nations, replacing supplies from the Gulf states.

China's Indexes Lacked Directions After U.S. Resumed Attacks in Iran, SMIC In Focus

China's indexes lacked direction amid renewed violence in the Middle East. SMIC won the final regulatory approval to acquire the remaining stake in its foundry unit through a stock offering.

Japan's Exports Growth Accelerated and Inflation Eased In April

Japan's core and overall inflation eased and stayed below the BoJ's target rate for the fourth consecutive month in April. Japan's exports rose at a faster pace in April, driven by a rise in global demand for its electrical and electronic products.

China's Indexes Halted Weekly Advances Valuation and Geopolitical Worries

China's indexes extended weekly losses, and investors turned cautious amid ongoing uncertainty over the U.S.-Iran peace talks and weakening domestic economic trajectory.

Japan's Indexes Dropped 2%, JGB Yields Rose to Three-Decade Highs

Japan's indexes fell sharply following a sharp sell-off in global bond market. The Japan's 10-year government bond yield rose to the highest level since 1996 amid worries of near-term interest rate hike.

PBoC Holds Reference Rates Steady, Hong Kong Tech Stocks Waver

The People's Bank of China held its reference rate steady amid gathering inflationary pressures and weakening economic data.

Japan's Producer Price Inflation Accelerated to a 3-Year High, Tech Stocks Plunged 8%

Japan's producer price index rose in April at the fastest annual pace since May 2023, supporting the case for an increase in interest rates at the end of the next two-day policy meeting on June 16.

China's Indexes Extended Weekly Losses Amid Worries of Higher Inflation

China's indexes extended weekly losses amid the prolonged closure of the Strait of Hormuz and oil supply shock. AI- and semiconductor-related stocks hovered near recent record highs.

AI and Semiconductor Stocks Hovered Near Record Highs in Tokyo, Fujikura Plunged 19%

In Tokyo trading, tech stocks headed lower, and investors reacted to the latest financial results from SoftBank Group and Fujikura Ltd.

China Indexes Bounced Around Flatline, Alibaba Group In Focus

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.

Rally in Tech Stocks Keeps Market Momentum Alive In Mainland China and Hong Kong

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 Decline Extended to March, JTX Advanced Metals Plunged After Bond Issuance Plan

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.

Hang Seng and CSI 300 Indexes Hovered at 5-Year Highs, CK Hutchison Plans to Sell Telecom Stake In UK

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 Inflation Accelerated In April

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.