Japan's Nikkei 225 Plunged 5% as Global Ai Trade Unwinds

Japan's indexes plunged, bond yields edged higher, and the yen weakened amid deepening global routs in semiconductor-related stocks. The expectations of the lagging response of the Bank of Japan and expansionary fiscal policy contributed to market jitters.

Stretched Valuations and AI Fatigue Deepen China and Asia-Wide Sell-Off

The deepening rout in global semiconductor stocks extended weekly losses in China's benchmark indexes.

Japan's Nikkei 225 Dropped 3% Following Intense Sell-Off In Semiconductor Stocks

Japan's indexes dropped nearly 3% as investors pulled back from high-flying semiconductor-related stocks amid questions about the sustainability of the AI trade.

China Indexes Diverged as Investors Questioned Elevated Tech Valuations

China's indexes diverged as investors reassessed the underpinnings of the recent AI-driven market rally, and advanced chipmakers and memory makers faced headwinds.

Japan's Machinery Orders Remained Volatile In May, Tech Stocks Extended 2-Day Gain

Japan's core machinery orders declined in May and fell at the steepest pace since December 2019. The third monthly decline in the year so far confirmed the broad weakness in business investment.

China's Second Quarter Economic Growth Slowed as Domestic Demand Faces Headwinds

China's economic growth slowed in the second quarter, as the weakness in the domestic economy outweighed the strength in AI and renewable energy product exports.

Japan's Indexes Eased to One-Month Low Amid Escalating Tensions in the Middle East

Japan's indexes dropped for the second consecutive session and traded at one-month lows as escalating tensions in the Middle East weighed on market sentiment.

Tokyo Stocks Extended Weekly Gains, Japan's PPI Surged to Over 3-Year High In June

Japan's producer price inflation rose at the fastest pace over three years, as energy price inflation spread to a wider range of industries.

China Indexes Extended Weekly Gains Ahead of Key Economic Releases

China's indexes extended weekly gains amid a rebound in semiconductor-linked stocks. The DRAM maker CXMT inched closer to its stock listing on the Shanghai Stock Exchange.

Japan's Indexes Snapped Two-Day Losing Streak, Bain Sold Remaining Stake In Kioxia

Japan's benchmark indexes rebounded, tracking overnight gains in memory and chipmakers in New York. The yen hovered near a four-decade low.

China's Inflation Eased In May; PBoC Reiterated Accommodative Stance

China's consumer inflation eased in June, highlighting the weak demand growth outlook. The PBoC reiterated its willingness to provide liquidity needed to support the demand.

Nikkei and Kospi Extended Weekly Losses Amid Sell Off In Semi Stocks and Escalating Middle East Tensions

Volatile semiconductor equipment makers dampened broader averages in Tokyo for the second consecutive session, as investors questioned the durability of the elevated level of AI infrastructure investment.

A Rebound In Semiconductor Stocks Lifted China Indexes, Escalating Middle East Tensions Weighed

The rebound in semiconductor stocks in Shanghai and Hong Kong drove broader averages higher, halting a three-day slide.

Japan's Real Wages Advanced and Household Spending Eased In May

Japan's real wages rose for the fifth consecutive month in May, supporting the case for the Bank of Japan to sustain its rate hike campaign.

China's Indexes Dropped to Multi-Month Lows as Tech Stocks Lose Momentum

China's technology stocks struggled to advance for the second consecutive day amid waning enthusiasm for the semiconductor sector.