Japan’s Nikkei 225 skyrockets over 5% to hit record high as Takaichi secures historic mandate

Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Japanese stocks jumped to a record high Monday, leading gains in the region after Japanese Prime Minister Sanae Takaichi won a landmark election victory. The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower…

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Hang Seng Index, CSI 300, gold, silver

A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images Asia-Pacific…

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Nikkei 225, Kospi, Jakarta Composite Index

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets opened mostly higher after U.S. President Donald Trump and Senate Democrats reached a provisional agreement to avoid a U.S. government shutdown. Trump endorsed a Senate deal to fund the vast majority of the federal government…

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U.S. Fed rates, gold, Nikkei 225, HSI

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce…

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Asia markets mixed after S&P 500 hits record, South Korea pushes fresh highs

Melbourne, Australia Kieran Stone | Moment | Getty Images Asia-Pacific markets were mixed Wednesday, breaking ranks with Wall Street after the S&P 500 closed at a record high. The broad market index gained 0.41% to finish at 6,978.60, supported by gains in Apple and Microsoft. Asian markets mostly extended Tuesday’s gains, with Australia’s S&P/ASX 200 reversed gains and…

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