Tag Archives: Asian markets

Auto parts maker Sona BLW Precision Forgings Ltd (Sona Comstar) has entered into a joint venture with China-based Jinnaite Machinery Co Ltd (JNT) to make a strategic foray into the Chinese electric vehicle (EV) market. As per news agency PTI, the combined investment in the joint venture is pegged at $20 million (around Rs 167 crore), with Sona Comstar contributing …

Asian markets mostly fell on Thursday after a volatile session on Wall Street, as investors opted a cautious stance over fresh trade tensions and renewed concerns over US President Donald Trump’s strained ties with Federal Reserve Chair Jerome Powell.Shanghai saw a marginal rise of 0.2% or 0.56 points, reaching 3,504. Shenzhen also jumped 0.77% or 82.27 points, trading at 10,803. …

Asian equity markets showed strength on Monday, buoyed by optimism over US-Canada trade negotiations and sustained demand in the global technology sector. However, gains were tempered by concerns around upcoming US employment data, which weighed on the dollar. Japan’s Nikkei led the region with a 1.6 per cent gain, supported by strong performances in tech and export-oriented stocks. South Korea’s …

Asian stocks mostly rose on Thursday as weaker US economic data raised hopes that the Federal Reserve may soon cut interest rates, with attention focused on upcoming employment data.Investors are also watching closely for upcoming US jobs data and any updates on possible trade talks between President Trump and China’s Xi Jinping, which White House sources suggest could occur this …

US Wall Street experienced a significant sell-off on Wednesday, accompanied by a declining dollar, following pessimistic remarks from Federal Reserve Chair Jerome Powell and concerns over semiconductor company Nvidia. The market atmosphere shifted from its previous stability, prompting investors to seek refuge in gold, which surpassed $3,300 per ounce.Despite positive retail sales figures, US equities declined. The downturn intensified after …

This is a representational AI image Asian markets surged on Thursday morning after US President Donald Trump paused most of his planned tariffs, sparking a wave of optimism among global investors. The relief rally followed a historic upswing on Wall Street, where major indices recorded some of their biggest gains in recent years.“I have authorised a 90 day PAUSE,” Trump …