Asian stocks began the week on a positive note, following Wall Street’s gains on Monday, as tech stocks drove investor’s sentiments and currency markets grappled with volitality, with Japan’s yen sliding to record lows.In Japan, Nikkei added 973 points or 1.97% to reach 50,480 at 8:40 AM IST. South Korea’s Kospi also inched 1.88% to…
Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
Asian stocks fell sharply on Thursday, tracking losses on Wall Street, as concerns mounted over the technology sector and the heavy spending on artificial intelligence cautioned investors.Hong Kong’s HSI was trading below 111 points or 0.44% at 25,357 at 10:38 AM IST. Nikkei also trimmed over 422 points to reach 49,089. Kospi also lost 1.39%…
Asian markets fell sharply on Tuesday, following Wall Street’s losses, as investors remained cautious ahead of the release of key US employment and inflation figures. Concerns over a potential tech bubble added to the cautious mood.Hong Kong’s HSI was trading at 25,139, down 489 or 1.91%. Nikkei also trimmed 673 points or 1.34% to 49,494….