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Asia markets open mostly higher after S&P 500 hits record, South Korea pushes fresh highs

Melbourne, Australia Kieran Stone | Moment | Getty Images Asia-Pacific markets opened mostly higher on Wednesday, tracking gains on Wall Street after the S&P 500 closed at a record high. The broad market index gained 0.41% to finish at 6,978.60, supported by gains in Apple and Microsoft. Asian markets mostly extended Tuesday’s gains, with Australia’s S&P/ASX 200 climbing…

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Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply

A general view of Micron Technology’s building in Singapore, June 23, 2020.  Micron Gcm Studio | Reuters Micron Technology on Tuesday committed approximately $24 billion to expand its wafer manufacturing operations in Singapore, as the American memory chipmaker moves to expand production amid global shortages.  In a press release, Micron said the investment would add…

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Nikkei 225, Hang Seng Index, Kospi, gold, Canada

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose…

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Japan inflation cools to 2.1%, lowest since March 2022, but rice prices loom large ahead of election

An employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving broader inflation higher, with data Friday expected to show consumer price growth has stayed above the central bank’s 2% target for four straight calendar years. Bloomberg | Bloomberg | Getty Images Japan’s headline inflation…

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