Investors will be keeping an eye on the Japanese yen, which rose to a more than two-month high of 150.52 per U.S. dollar on Thursday.
Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned.
Hong Kong's bourse operator reported a 10% rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic that a pickup in Chinese economic activity would help its prospects.
Shares of five Japanese trading houses were on a tear after Buffett wrote in Berkshire Hathaway's annual shareholder letter on Saturday that it would increase its investment in the companies. Berkshire first started buying shares in five Japanese trading house giants — Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo — in July 2019.
Asia-Pacific markets saw broad gains on Monday as investors awaited clarity on US President Donald Trump’s impending tariff measures while digesting stronger-than-expected manufacturing data from China.
Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology.
Hong Kong shares hit a three-year high Friday, leading gains in the region as investors weighed inflation data from Japan against tariff ... self help story at the stock level in the context ...