Asian stock markets exhibited a mixed performance on Wednesday, as strong US economic data clouded the outlook for rate cuts in 2025. MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.

The Hang Seng Tech Index jumped by 2.27%, with tech giants Alibaba (9988) and Tencent advancing by 1.22% and 1.91% ... Rate-sensitive tech stocks Tokyo Electron (8035) and Softbank Corp. (9984) slid by 4.07% and 3.18%, respectively. The stronger Yen ...

Asian stocks ended mixed on Tuesday as U.S.-China tensions and jitters around the yuan offset growing optimism around chip stocks.

Asian stocks ended mixed on Wednesday as upbeat U.S. economic data released overnight led investors to scale back Fed rate cut bets.

Tech stocks led the morning losses, with the Hang Seng Tech Index sliding by 2.00%. The Major tech players Tencent (0700) tumbled 6.99%, while Alibaba (9988) and Baidu (9888) posted losses of 1.40% and 1.05%, respectively.

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Australia's S&P/ASX 200 traded 0.34% higher, marking a fourth day of gains and finishing at 8,285.1. Hong Kong's Hang Seng index tumbled 1.43% in its final hour, while mainland China's CSI 300 was up 0.72% to 3,796.1. Tencent's Hong Kong-listed shares are ...

- Nvidia CEO Huang's highly anticipated keynote address at CES was at first a bit of a fizzle in terms of the sales prospects of the company, with his talk focusing on the company’s new chip’s [RTX 50 series] ability to generate real-time graphics and other high-powered applications.

Asian chip-related stocks surged early this week as investors pinned hopes on a wave of renewed optimism for AI demand, fueled by the anticipation of Nvidia Corp. CEO Jensen Huang's keynote speech at the Consumer Electronics Show (CES) in Las Vegas.

But the AI revolution has only just begun. Today’s most powerful AI models, often referred to as “frontier AI,” can handle and generate images, audio, video, and computer code, in addition to natural language.

Hang Seng edges higher as US producer prices ease inflation fears. Nikkei climbs on weaker Yen, while ASX banks rally.

Chinese megacorp Tencent has doubled down on its assertions that it is not a Chinese military company, saying that if the US Department of Defense does not "resolve any misunderstanding", it will ...