Asian stocks mostly advanced Thursday after a rebound in technology shares lifted Wall Street and a softer U.S. dollar made regional assets more attractive.
Japan’s Nikkei 225 gained 1.2% to 42,437.37, Australia’s S&P/ASX 200 added 0.6% and South Korea’s Kospi edged up 0.2%. Taiwan rose 0.7% and India’s Sensex climbed 0.6%. However, Hong Kong’s Hang Seng fell 1.1% to 25,006.22 and Shanghai’s Composite dropped nearly 2% to 3,738.32 amid concerns of tighter regulatory controls.
On Wall Street Wednesday, Alphabet jumped 9.1% after easing fears in its antitrust case, fueling a broader tech rally. The S&P 500 rose 0.5%, ending a two-day slide, while the Nasdaq added 1% and the Dow slipped 0.1%.
Bond yields also eased after weak U.S. job openings data boosted expectations the Federal Reserve could cut rates this month. The 10-year Treasury yield retreated to 4.22% from 4.28%.
Nippon Sanso Holdings launches unified global brand logo under “NIPPON SANSO” name
Lower rates could support growth but also risk fueling inflation, especially as tariffs raise import costs.
In commodities, U.S. crude fell 42 cents to $63.55 a barrel, while Brent lost 35 cents to $67.25. The dollar edged up to 148.24 yen, while the euro slipped to $1.1653.
Source: Agency