Asia Stock Market News Today
Japan's yen continued to signal weakness amid worries of fiscal outlook, a persistent wide interest rate gap, and lagging Bank of Japan rate actions.

China's benchmark indexes edged higher after a week of trading, but technology stocks remained offering headwinds for the second consecutive week. Xiaomi and BYD reported strong unit sales in June.

Japan's indexes closed down and halted a 3-day rally, as investors questioned the recent rally in AI-related stocks and their extreme valuations.

China's indexes halted a 3-day market rally, tracking overnight losses in New York. Semiconductor sector stocks led decliners in Shanghai and Shenzhen.

Japan's indexes extended their gains for the third consecutive session, tracking overnight tech-driven rallies in New York. Japan's benchmark indexes booked their best performance in the first half in six decades.

China's factory activity index eased to a three-month low in June according to a private survey, which includes a larger sample of mid-sized companies.

Japan's industrial production rose less-than-expected in May as tensions in the Middle East continued to pose risks to energy costs and supply chains.



The official measure of China's factory activities expanded in June, driven by the sustained increase in high-tech exports.

Japan's indexes turned lower following renewed hostilities in the Middle East and increased uncertainty over the reopening of the Strait of Hormuz. Japan's retail sales growth accelerated in May and increased at the fastest pace since November 2023.

China's benchmark indexes edged higher, overlooking escalating tensions in the Middle East and threatening resumption of commercial shipments through the Strait of Hormuz.

Japan's indexes plunged in Friday's trading and extended weekly losses amid growing concerns over AI-related sector valuations. The Tokyo area's inflation stayed below the central bank's target rate for the fifth consecutive month in June.

China's indexes plunged nearly 2% amid an Asia-wide sell-off as investors turned wary of frothy valuations and leveraged tech positions.

Japan's benchmark indexes rebounded, driven by a surge in AI-related stocks following Micron Technology's quarterly results and outlook.

The People's Bank of China announced its plans to introduce an overnight reverse repo operation, improving short-term liquidity and interbank borrowing costs.



China's shipments of rare-earth materials to Japan dropped to a one-year low in May amid rising political tensions between the two largest economies in Asia.