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Asian Equities Face a Cautious Start After Wall Street's Broad-Based Losses, as the Dollar and Bond Yields Gained Following Hawkish Federal Reserve Remarks and Above-Expected US Inflation
Asian Debt Yields Rise Amid Growing Bets on a Federal Reserve Rate Increase - WSJ
ASIAN JET FUEL CASH DIFF DIPS TO $1.50 A BARREL DISCOUNT, NEARS 6 1/2-YEAR LOW, DATA SHOWS
Asian stocks climb as oil prices slide ahead of US CPI
Asian technology stocks surged Tuesday, tracking a rebound on Wall Street overnight as a sharp decline in oil prices lifted sentiment while renewed buying in chip names spilled over into Asia, following last week’s bruising sell-off.
Japan’s technology investment giant SoftBank Group surged 12%, South Korean chipmaker SK Hynix jumped 8.01%, while Samsung Electronics rose 5.32%.
The gains followed a strong session on Wall Street, where the tech-heavy Nasdaq Composite climbed 2.74%, while the S&P 500 rose 2.35% to clock its best day since April 8:
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Asian stocks climb as sliding oil prices buoy sentiment
ASIAN STOCKS CLIMBED, TRACKING WALL STREET HIGHER AFTER A RALLY IN TECHNOLOGY SHARES AND A SLUMP IN OIL PRICES DROVE U.S. BENCHMARKS TO THEIR BEST DAY IN SEVEN MONTHS, WITH SOUTH KOREA’S KOSPI JUMPING MORE THAN 5% AND JAPAN’S NIKKEI 225 RISING NEARLY 3% IN EARLY TRADING, WHILE A BROADER GAUGE OF ASIAN SHARES ADVANCED 1.5%
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Asia's GDP by Country (2000-2031) 📈
