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APWC News30 articles
Asian Markets Rally on Chip Gains; Europe Awaits Rate Decisions
Asian markets rose Monday, with South Korea's KOSPI surpassing 7,000 on chip gains. Europe faces a busy week with PMI data and three rate decisions.
SE Asia's Digital Banks Under Scrutiny as Sea, Grab, GoTo Disclose Loan Growth
Sea, Grab, and GoTo now disclose loan growth details, revealing varying profitability and credit risks in Southeast Asia's digital banking race.
Trans Mountain's Asia Forecast: Tanker Routes, Not Total Exports
Trans Mountain's Asia forecast refers to tanker loadings, not total Canadian exports. The planned 300,000 b/d expansion could still ease the WCS discount.
Salesforce Surge Lifts KASE Global as Asian Markets Close Mixed
Salesforce's strong earnings and guidance lifted KASE Global shares, while Asian markets closed mixed. Korea and China advanced on AI hardware strength, but Japan and Hong Kong lagged.
Asia Chip Stocks Pare Losses as KASE Global Wraps Up; PCE Inflation Pressures Fed Bets
Asian chip stocks narrowed losses as KASE Global entered its final hour, while a hotter-than-expected US PCE inflation report lifted Fed hike odds and pressured rate-sensitive growth stocks.
Korean Block Trading Commences Following Asian Equities Rebound
Korea's pre-market block trading is active after Asia's broad rebound. KOSPI recovered from a 4% drop, but foreign selling and Nvidia's earnings keep chip risk elevated.
Alibaba, Samsung Drag Asian Tech Lower as Capital Plans Disappoint
Asian markets closed lower as Alibaba's $10.2B AI placement and Samsung's buyback plan disappointed investors. BABA ADR fell 8.2% on KASE.
Seoul Chip Buybacks Counter Oil and Yield Pressures in Asia
Korea's top chipmakers launch ₩1.6tn buybacks to brace Seoul, but oil at $94 and a 4.73% US 10-year yield keep regional markets on edge.
Asia Stocks Split as Rising Yields and Oil Pressure Markets
Hong Kong shares advanced about 4% last week, while Japan's Nikkei fell a similar amount as rising yields and oil prices weighed on sentiment.
Royal Caribbean Reassigns Ships to Asia, Trims 2027 Sailings
Royal Caribbean (RCL) cancels two 2027 sailings, reallocating 77,668 berth-days to Asia-Pacific. Capacity remains steady; shares up 1.13%.
Space ETF and Micron Drive Late-Session Gains in Asian Markets
Asian markets ended mixed on Friday, with Hong Kong and Korea leading gains. KASE's late session saw a space ETF and Micron surge, reflecting a broader risk-on tone.
Asia Stocks Brace for Yield, Oil Pressure as Chip Rally Holds
Asian markets face renewed headwinds from higher yields and oil prices after Thursday's rebound. Korea's chip rally and shareholder return plans provide support, but Japan CPI and US data loom.
Asia Markets Steady as Oil Holds Gains; Singapore Dollar, Meta, Aurizon in Focus
Asian shares were muted as oil prices held gains on Middle East tensions. Singapore dollar strengthened on robust export data. Meta's cash flow dropped 91% as AI spending surged. Aurizon and others reported results.
Nvidia Lags Chip Sector by 65 Points Amid Stricter Asia Sales Reviews
Nvidia shares are underperforming the broader chip index by over 65 points as tighter sales reviews in Asia raise concerns about revenue growth.
Asian Markets Surge on US-Iran Strait of Hormuz Deal, Oil Plunges
Asian markets surged Monday on a preliminary US-Iran deal to reopen the Strait of Hormuz, sending oil prices down 5% and easing inflation concerns. The Nikkei 225 hit a record close, while the Kospi jumped 5.2%.
Asian Markets Rally on Oil Plunge, Central Bank Decisions Ahead
Asian equities opened higher on a sharp drop in oil prices following a US-Iran agreement, but caution remains ahead of BOJ and Fed policy decisions.
Asia Tech Rout: KOSPI Circuit Breaker Triggered as AI Stocks Tumble
South Korea's KOSPI fell 8.3%, triggering circuit breakers, as AI chip stocks plunged on rising oil prices and Fed rate hike expectations, exposing Asia's reliance on tech giants.
AI Boom Lifts Asian Markets, Korea Inflation Tempers Optimism
Asian markets gained Tuesday as AI enthusiasm boosted sentiment, but South Korea's inflation data raised caution. Nvidia remains supply-constrained despite robust growth.
Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips
Asian markets closed mixed on Friday, with Japan's Nikkei surging 2.53% on AI optimism, while India's Sensex fell 1.44% amid inflation concerns. Taiwan raised its 2026 GDP forecast to 9.64%.
Asia Markets Dip as Oil Rally, AI Slowdown Weigh
Asian stocks fell Thursday as rising oil prices from U.S.-Iran tensions and a cooling AI trade pressured markets, with Japan's Nikkei down 0.47% and Hong Kong's Hang Seng off 1.32%.
Oil Surges on Renewed US-Iran Strikes, Asia Markets Mixed
Brent crude rose 2.39% to $98.44 after new US strikes in Iran dimmed hopes for a quick peace deal. Hong Kong's Hang Seng gained 0.37% on chip stocks, while other Asian markets slipped.
Nikkei Breaks 65,000 Barrier as Asian Markets Rally on Oil Slide
Japan's Nikkei closed above 65,000 for the first time, surging 2.87% as Asian stocks rallied on hopes of revived U.S.-Iran talks and falling oil prices. Taiwan hit a record, while Shanghai, Australia, and India gained.
Asian Markets Brace for Key Week as Oil, Yields, and AI Dominate
Asian markets enter a crucial week with oil above $103, US yields at 4.558%, and AI optimism from Nvidia and Lenovo. China cracks down on cross-border brokers, while key data includes US PCE and Tokyo CPI.
Asian Markets Rally on US-Iran Talks, Nikkei Nears Record
Asian shares advanced Friday, with Japan's Nikkei jumping 2.8% toward a record high, fueled by hopes for US-Iran diplomacy, while oil remained near $105 and the yen stayed weak.
Chipmakers Surge in Asia as Nvidia Outlook and Samsung Deal Boost Sentiment
Asian markets surged, led by chipmakers, after Nvidia forecast higher revenue and Samsung reached a tentative union deal. MSCI Asia ex-Japan rose 2.6%.
Manulife Shares Dip 6% on Q1 Earnings Miss Despite Asia Strength
Manulife Financial Corp (MFC) shares slid nearly 6% after Q1 core earnings missed estimates, even as Asia profits surged 22%. Net income doubled, but Canada and U.S. results weakened.
Asia's Tech Stocks Surge as Nvidia's Physical AI Strategy Reshapes Supply Chain
Nvidia's focus on physical AI is reshaping its supply chain, with Asian suppliers now representing 90% of production costs. Stocks like LG Electronics and Samsung rise as AI demand broadens.
Asian Markets Retreat from Peaks as Oil Surges Past $103, Nikkei Fails to Hold 60,000
Asian equities pulled back from all-time highs as oil surged past $103 a barrel on renewed Strait of Hormuz tensions. Japan's Nikkei slipped 0.75% after briefly topping 60,000.
Cocoa Prices Plunge on European Demand Slump, Asian Markets Mixed
Cocoa prices tumbled over 3% after weak European demand data, while Asian markets diverged with Hong Kong falling and India's Sensex gaining.
Asia Air Travel Stabilizes Amid Lingering Gulf Route Disruptions
Key Asian airports operated smoothly Monday, avoiding widespread shutdowns, though airlines continue to cut Gulf routes. Jet fuel shortages and longer flight paths are driving up operational expenses.