• Bank of Korea announces second straight rate hike0

    The market found some relief on the notion that the Minutes revealed a broad consensus for 50bps hikes in June and July and the possibility for a pause later in the year. Rodrigo Catril National Australia Bank The S&P/ASX 200 in Australia edged 0.43% lower. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.12%.

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  • Asia stocks rise; New Zealand central bank hikes rates by 50 basis points again0

    SINGAPORE — Shares in Asia-Pacific nudged higher in Wednesday morning trade, with New Zealand’s central bank announcing yet another 50 basis point rate hike. Hong Kong’s Hang Seng index advanced 0.64%, while the Shanghai Composite in mainland China edged about 0.6% higher and the Shenzhen Component gained 0.207%. The Nikkei 225 in Japan sat fractionally

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  • U.S.-China tariffs, oil and currencies0

    SINGAPORE — Markets in Asia-Pacific were subdued in Tuesday trading, as investors weighed a possible thawing of U.S.-China trade relations as U.S. President Joe Biden floated the idea of tariff cuts on Chinese goods. Chinese stocks were little changed in early trade. Hong Kong’s Hang Seng index was 0.43%. The Shanghai Composite was flat, while

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  • Hong Kong’s Hang Seng leads losses as Asia stocks fall0

    SINGAPORE — Shares in Asia-Pacific slipped Thursday morning after heavy losses on Wall Street overnight. Hong Kong’s Hang Seng index led losses regionally, falling more than 3% in early trade. Shares of Chinese tech behemoth Tencent plunged 8.1% after reporting that its quarterly profit halved. The Nikkei 225 in Japan fell 2.6% while the Topix

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  • Japan’s Nikkei 225 rises 1% as Asia-Pacific stocks rise0

    SINGAPORE — Shares in Asia-Pacific rose in Wednesday morning trade as investors watch for market reaction to comments from U.S. Federal Reserve Chairman Jerome Powell on his resolve to raise rates till inflation comes down. The Nikkei 225 in Japan gained about 1% as shares of conglomerate SoftBank Group jumped 2.77%. The Topix index traded

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  • Reserve Bank of Australia meeting minutes ahead0

    SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday morning trade, with investors looking ahead to the release of meeting minutes from the Reserve Bank of Australia. The Nikkei 225 in Japan slipped 0.13% in early trade while the Topix index hovered above the flatline. South Korea’s Kospi climbed 0.46% while the S&P/ASX 200 in

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