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Business

Asia stock markets today: live updates

by Priya Shah – Business Editor July 29, 2025
written by Priya Shah – Business Editor

Asian Markets Brace for US-China Trade Talks as US Stocks Close Higher

Singapore – Investors in Asia are closely monitoring the upcoming resumption of US-China trade talks in Stockholm on Monday, a development that could influence market sentiment across the region. The discussions, aimed at addressing long-standing economic disputes, will be led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier he Lifeng.

Futures for Hong Kong’s Hang seng Index are indicating a slightly stronger opening, trading at 25,396 compared to its previous close of 25,388.35. Japan’s Nikkei 225 is also poised for a higher start, with Chicago futures at 41,645 and Osaka futures at 41,410, against Friday’s closing figure of 41,456.23. In contrast, Australia’s S&P/ASX 200 is expected to open lower, with futures at 8,626, down from its last close of 8,666.90.

Meanwhile, U.S. stock markets concluded Friday on a positive note, with all three major averages posting gains for the week. The S&P 500 finished the session 0.40% higher at 6,388.64.The Nasdaq Composite rose 0.24% to 21,108.32, and the Dow Jones Industrial Average climbed 208.01 points, or 0.47%,to settle at 44,901.92.

despite potential near-term market fluctuations, UBS Global Wealth Management advises investors against excessive concern. Ulrike Hoffmann-Burchardi, chief investment officer for the Americas and global head of equities, noted that while threats to Federal Reserve independence, resurgent trade tensions ahead of an August 1 deadline, and potential economic harm from tariffs could contribute to volatility, any market swings are expected to be temporary.

July 29, 2025 0 comments
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Business

Asia Stock Markets Rise in Early Trade

by Priya Shah – Business Editor July 22, 2025
written by Priya Shah – Business Editor

Asian markets Brace for Reopening as U.S. Futures Show Gains

Investors in Asia are closely monitoring the reopening of Japan’s equity and bond markets following a national holiday.The Japanese yen saw a strengthening against the U.S. dollar on Monday,reversing a trend of weakening in the weeks preceding the nation’s election.

Futures for Japan’s Nikkei 225 index indicated a higher opening, with Chicago futures at 39,830 and Osaka futures at 39,820, compared to the index’s previous close of 39,819.11. Hong Kong’s Hang Seng index futures were trading at 25,049, suggesting a stronger start than its prior close of 24,994.14. Conversely, Australia’s S&P/ASX 200 was poised for a lower opening, with futures at 8,660 against its last close of 8,668.20.Meanwhile, U.S. equity futures experienced a rise in early Asian trading hours. This comes after the S&P 500 and Nasdaq Composite concluded Monday’s session at record closing highs, having also achieved new intraday records. The S&P 500 advanced 0.14% to 6,305.60, and the Nasdaq Composite gained 0.38% to close at 20,974.17. The Dow Jones industrial Average, however, saw a slight decline of 19.12 points, or 0.04%, ending at 44,323.07.

context on Market Volatility

Despite ongoing risks related to trade and inflation, the stock market has exhibited unusual calm, with the CBOE Volatility Index (VIX) remaining notably subdued throughout the month. Though, this stability could be short-lived. As Mark Hackett, chief market strategist at Nationwide, noted, “With next week bringing the FOMC meeting, GDP data, a key tariff deadline, and a wave of earnings – in a historically weak window for the markets – even small surprises could trigger sharp reactions.” Hackett cautioned that “calm can quickly turn to complacency” and suggested that current market positioning leans towards a potential rally rather than a decline.

July 22, 2025 0 comments
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Business

Asia stock markets today: live updates

by Priya Shah – Business Editor July 21, 2025
written by Priya Shah – Business Editor

Asia-Pacific Markets Show Mixed Opening Signals

Mixed Performance as Investors Eye China’s Rate Decision

Asian markets experienced a divided start to the trading week, with South Korea showing gains while Australia’s benchmark index held steady. Investors are closely anticipating crucial economic data from China later today.

South Korean Stocks Advance

The Kospi index in South Korea opened higher on Monday, rising by 0.45%. In contrast, the Kosdaq, which tracks smaller companies, remained unchanged in early trading. As of 8:10 a.m. Singapore time, trading activity reflected a cautious sentiment across the region.

Australian and Japanese Markets Flat or Closed

Australia’s S&P/ASX 200 benchmark traded flat, mirroring a subdued opening. Japanese markets were closed for the public holiday observance of Marine Day, contributing to the mixed regional picture.

US Futures Show Little Movement

U.S. stock futures experienced minimal changes in early Asian trading hours, suggesting a stable outlook for Wall Street ahead of its opening. This stability comes after a mixed finish for major U.S. indices on Friday.

Friday’s U.S. Market Recap

On Friday, U.S. markets saw a downturn in afternoon trading, with the S&P 500 and Dow Jones Industrial Average ending in negative territory. Fears over escalating tariffs appear to have influenced investor sentiment, leading to a late sell-off.

The Dow Jones Industrial Average, comprising 30 large-cap stocks, fell by 142.30 points, closing at 44,342.19, a decline of 0.32%. The broader S&P 500 index saw a slight decrease of 0.01%, settling at 6,296.79. The tech-heavy Nasdaq Composite managed a modest gain, adding 0.05% to finish at 20,895.66.

Anticipation Builds for China’s Loan Prime Rate

Market participants are keenly awaiting the People’s Bank of China’s announcement on its one-year and five-year loan prime rates for July. This decision is expected to provide insights into China’s economic policy and growth trajectory. For context, China’s central bank last adjusted its benchmark lending rates in June, reflecting ongoing efforts to stimulate economic activity.

Hong Kong and Australia Futures Signal Opening Trends

Futures for Hong Kong’s Hang Seng index indicated a stronger opening, with the contract at 24,883 compared to the previous closing value of 24,825.66. Conversely, Australian S&P/ASX 200 futures pointed to a lower start, trading at 8,688 against its last close of 8,757.20.

July 21, 2025 0 comments
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World

Japan’s Export Decline and Rising Tariffs Threaten Economy

by Lucas Fernandez – World Editor July 17, 2025
written by Lucas Fernandez – World Editor

Here’s a breakdown of the provided text,focusing on the key points adn arguments:

Core Issue: The article discusses the ongoing trade negotiations between Japan and the United States,particularly concerning tariffs and market access for agricultural products and automobiles.

Japan’s Economic Situation:
Japan’s economy contracted in the first quarter of the year,and another contraction would mean a technical recession.
Exports, which are a significant part of Japan’s GDP (almost 22% in 2023), are weakening.

Japan’s Negotiating Stance:
Automobiles: Japan’s top negotiator, Ryosei Akazawa, stated that any deal must include concessions for the auto sector.
Agriculture: Akazawa also emphasized that Japan would not sacrifice its agriculture sector for an early agreement.
Tariffs: Japanese officials have been pushing for the removal of tariffs on Japanese imports to the U.S.

U.S. President Trump’s Position:
Trump has targeted Japan’s rice sector, criticizing Japan for not importing more U.S. rice despite a shortage in Japan.
The U.S. has imposed a baseline 10% reciprocal tariff globally, and potentially a 25% tariff.

Internal Japanese Debate/Criticism:
Takeshi Niinami (Senior economic advisor to the PM and CEO of Suntory Holdings):
Believes Japan may have taken too hard a stance on tariffs.
Suggests japan should have accepted the 10% tariff from the begining, as it might have prevented the discussion of a 25% tariff.
Advocates for japan to show a willingness to open up,specifically mentioning non-tariff barriers on automobile safety standards and agreeing to import more agricultural products.
Acknowledges that opening up to more agricultural imports is contentious due to upcoming upper House elections.

Political context in Japan:
Japan’s upper House elections are scheduled for July 20th.
A Nikkei poll suggests Prime Minister shigeru Ishiba’s governing coalition might lose its Upper House majority.
Opening up agricultural imports could alienate farmers, who are traditionally a support base for the ruling Liberal Democratic party.

Niinami’s Proposal:
Niinami urges Japan to demonstrate a willingness to settle and agree with the United States before the election day on July 20th.

In essence, the article highlights a tension between Japan’s desire to protect its key industries (agriculture and autos) and the need to reach a trade agreement with the U.S. to support its weakening economy. There’s also an internal debate within Japan about the best negotiating strategy, with some advisors suggesting a more conciliatory approach to avoid harsher U.S. tariffs, especially in light of upcoming elections.

July 17, 2025 0 comments
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World

Trump says countries aligning with BRICS bloc will face extra 10% tariff

by Lucas Fernandez – World Editor July 7, 2025
written by Lucas Fernandez – World Editor

U.S. President Donald Trump has threatened an additional 10% tariff on countries that orient themselves along the “Anti-American policies of BRICS.”

Trump’s announcement, which did not elaborate on any specific policy of BRICS, came as the group’s meeting is underway in Rio de Janeiro, Brazil.

The bloc’s leaders appeared to take aim at Trump’s sweeping tariff policies in a joint statement on Sunday, warning against “unjustified unilateral protectionist measures, including the indiscriminate increase of reciprocal tariffs.”

Without calling out the U.S., the leaders voiced “serious concerns about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO rules,” warning that the “proliferation of trade-restrictive actions” threaten to disrupt the global economy and worsen the existing economic disparities.

“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,” Trump said in a post on Truth Social Sunday evening stateside.

Trump could have been provoked by the BRICS leaders’ joint statement taking a thinly veiled swipe at his tariff policies, said Stephen Olson, former U.S. trade negotiator and current visiting senior fellow at the ISEAS-Yusof Ishak Institute.

By “anti-American” policies, the president may be referring to “the desire expressed by BRICS members to move beyond a U.S.-led world order in finance and global governance,” said Olson, adding that how that alignment will be assessed was “anyone’s guess.”

This year’s BRICS host country Brazil did not respond to CNBC’s request for comments.

The BRICS group of developing nations also offered symbolic backing to fellow member, Iran, condemning a series of military strikes on the country, without naming Israel or the U.S which carried out the military operation.

The bloc includes Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia and Iran. The grouping describes itself as “a political and diplomatic coordination forum for countries from the Global South and for coordination in the most diverse areas.”

The bloc seeks to challenge Western-dominated institutions of global economic governance, as well as to supplant the U.S. dollar’s role in the global economy, according to the Carnegie Endowment for International Peace.

This year, Chinese President Xi Jinping sent Premier Li Qiang to the BRICS meeting in his absence, while Russian President Vladimir Putin, who faces an arrest warrant from the International Criminal Court, attended online.

In response to Trump’s threat of 10% extra duty, a spokesperson for Chinese foreign ministry said at a regular press briefing Monday that China opposed any action of using tariffs as “a tool to coerce others.”

“China has been consistent in opposing any tariff war, trade war,” the spokesperson said, adding that “arbitrarily slapping tariffs does not serve the interests of any party.” That’s according to CNBC’s translation of her comments in Mandarin.

Separately, Trump confirmed that the U.S. will start delivering letters on Monday, detailing country-specific tariff rates and any agreements reached with various trading partners. That affirmed Treasury Secretary Scott Bessent’s comments over the weekend.

The Trump administration has said that tariffs announced in April will take effect on Aug. 1, instead of July 9, for countries that have not reached an agreement with the U.S.

Bessent rejected the idea that Aug. 1 was yet another new tariff deadline. “We are saying this is when it’s happening, if you want to speed things up, have at it, if you want to go back to the old rate that’s your choice,” Bessent said Sunday on CNN’s “State of the Union.”

In April, Trump announced a 90-day pause on the steep tariffs he had unveiled just days prior on most trading partners. That pause is due to expire on Wednesday, sparking concern among investors and U.S. trading partners.

— CNBC’s Erin Doherty, Lim Hui Jie contributed to this story.

July 7, 2025 0 comments
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Business

Asia stock markets today: live updates

by Priya Shah – Business Editor July 4, 2025
written by Priya Shah – Business Editor

Asia-Pacific Markets Mixed After Promising US Jobs Data

Asia-Pacific markets presented a mixed performance today, following gains on Wall Street driven by a surprisingly robust U.S. jobs report that tempered fears of an economic downturn.

Performance Across Key Markets

Japan’s Nikkei 225 index experienced choppy trading but ultimately rose by 0.23%, while the broader Topix index saw a more modest increase of 0.17%.

South Korean markets faced headwinds, with the Kospi index declining by 1.09% and the small-cap Kosdaq falling by 1.51%.

In mainland China, the CSI 300 index began the day with a 0.11% dip, while Hong Kong’s Hang Seng Index experienced a steeper decline of 1.43%.

Australia’s S&P/ASX 200, however, bucked the trend with a 0.21% increase.

US Jobs Report Impact

The better-than-expected U.S. jobs data released this week provided some reassurance to investors, suggesting that the American economy may be more resilient than previously anticipated. According to the Bureau of Labor Statistics, the unemployment rate remained at 4.0% in June, defying expectations of a rise (U.S. Bureau of Labor Statistics).

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July 4, 2025 0 comments
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