Asian Markets Mixed As Global Rally Stalls, Eyes On Yen


by International Business Times UK

International Business Times UK— Equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest tech-led rally may have gone too far.Traders also kept an eye on Japan as the yen wallowed at a fresh three-decade low above 155 per dollar, a level many observers saw as likely to see authorities intervene in currency markets.They were preparing for the release of key US inflation data Friday...

International Business Times UK—China Wins Elon Musk's Favour, But India Eyes Global EV Market Share. China's dominance in EV and battery production is a pivotal factor in Tesla's ascent as the world's premier electric vehicle manufacturer. This is underscored by Tesla CEO Elon Musk, who recently emphasized the Super Power's increasing importance for his company. Despite this, India's potential for EV development remains a compelling prospect.Just a week after delaying his visit to India, Musk prioritised China, traveling to Beijing to advocate for Full Self-Driving technology. This trip...

KTVZ—Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street. By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week. Sydney’s S&P/ASX 200 added 0.6% in early trading to 7,621.40. South Korea’s Kospi surged

KEYT—Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street. Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street