Topic
asian-markets
Business BofA survey: India becomes least-favoured Asian stock market; fund managers underweight
India has replaced Indonesia as the least-favoured Asian stock market in Bank of America's latest fund managers' survey, with 32% of respondents net underweight. The survey, covering 98 fund managers managing $272 billion in assets, cites lack of AI exposure, weak economic growth, lack of reforms and elevated valuations as key concerns.
Business Asian Markets Rally as Kospi Jumps 3.6%; European Indices Show Mixed Response
Asian equities posted strong gains, with South Korea's Kospi up almost 3.6% and Japan's Nikkei 225 up around 1.2%, according to News on AIR. European benchmarks were mixed as Germany's DAX rose 0.4% and London's FTSE 100 fell 0.3%. UK GDP growth eased to 0.4% in Q2 from 0.6% in Q1, while June GDP rose 0.3%.
Business Sensex, Nifty Trade Flat After Rebound; Rupee Gains on Foreign Inflows, Asian Markets Mixed
Indian equity benchmarks traded flat on Thursday after a strong rebound the previous session, while the rupee strengthened 13 paise to 95.63 against the US dollar on foreign capital inflows. Asian markets were mixed, with gains in Taiwan, South Korea and Japan offset by losses in Hong Kong and China. Microsoft reported a 31% jump in net profit, driven by cloud and AI growth.
Finance Temasek widens India investment scope to industrials, AI with $42 billion portfolio
Singapore's Temasek is widening its investment scope in India to include industrials and artificial intelligence, alongside its traditional focus on consumer, financial services, and healthcare. The firm's India portfolio has grown to $42 billion as of March 2026, with plans to deploy another $9 billion in the next three years. Executives cited India as one of Temasek's best performing markets, driven by domestic consumption tailwinds and a growing manufacturing and AI ecosystem.
Business Asian Stocks Rally: Kospi Surges 6%, Nikkei Jumps Over 1,100 Points on Tech Rebound
Asian equities opened higher on Wednesday, tracking Wall Street gains, with South Korea's Kospi surging 4.78% and Japan's Nikkei climbing 1.3%. The rally was driven by a rebound in technology stocks after data showed Korean semiconductor exports nearly tripled in early July and Taiwanese export orders exceeded estimates. Oil prices rose amid geopolitical tensions, while the dollar held near one-week highs.
Finance Asian Markets Tumble as AI Stock Sell-Off Deepens; Nikkei Sinks Nearly 6%, HSI Plunges 2%
Asian stock markets fell sharply on Friday as the sell-off in artificial intelligence-related shares deepened, with Japan's Nikkei 225 leading losses, dropping 5.8% to 62,945.97. Taiwan's benchmark fell over 5%, Hong Kong's Hang Seng index slipped 2%, and China's Shanghai Composite lost 1.6%. Oil prices extended gains on Middle East tensions. Indian equities bucked the trend, rising nearly 1%.
Business Asian Markets End Positive as European Indices Trade in Negative Territory
Asian stock markets ended on a positive note led by South Korea's Kospi surging over 6.2%, while European indices traded in negative territory with Germany's DAX declining 0.6%.
Business Most Asian markets close higher as Taiwan Taiex and Japan Nikkei hit record highs
Most Asian stock market indices closed higher today, led by Taiwan's Taiex which surged 2.7% to a record intraday high. Japan's Nikkei also hit an all-time peak. Hong Kong's Hang Seng fell 0.6%, while European markets showed mixed performance.
Business Asian Markets Rally as European Indices Show Mixed Results
Asian stock markets experienced a significant surge, with South Korea's Kospi and Japan's Nikkei leading the gains. European indices, however, presented a mixed trading picture.