news

Asia-Pacific markets mostly higher after U.S. Federal Reserve keeps rates unchanged

A screen showing the Shanghai composite index (top), Shenzhen component index (C) and Beijing stock exchange 50 index (bottom) in Jing’an district in Shanghai on April 9, 2025. 
Hector Retamal | Afp | Getty Images

This is C온라인카지노사이트's live blog covering Asia-Pacific markets.

Asia-Pacific markets were mostly higher after the U.S. Federal Reserve expectedly.

Watch 온라인카지노사이트 5 free wherever you are

Watch button  WATCH HERE

Japan's benchmark traded 0.41% higher to close at 36,928.63 while the Topix traded flat to end the trading day at 2,698.72.

South Korea's rose 0.22% to close at 2,579.48 while the Kosdaq advanced 0.94% to close at 729.59.

Get top local stories delivered to you every morning with 온라인카지노사이트 DFW's News Headlines newsletter.

Newsletter button  SIGN UP

Australia's benchmark S&P/ASX 200 added 0.16% to close at 8,191.7.

Hong Kong's rose 0.37% while mainland China's CSI 300 added 0.56% to close at 3,852.90.

The Federal Open Market Committee  in a range between 4.25% to 4.5%, where it has been since December. The decision was largely expected.

Federal Reserve Chair Jerome Powell that if the significant tariff hikes already announced remain at current levels, they could lead to a slowdown in economic growth and an uptick in long-term inflation.

Investors are also eagerly waiting for updates on the upcoming U.S.-China trade talks. U.S. Treasury Secretary  and his  are set to meet in Switzerland this week to address trade and economic issues.

were relatively unchanged on the heels of the 's decision even as it highlighted .

 traded down by 0.1%, along with .  tied to the Dow Jones Industrial Average dropped 42 points, or 0.1%.

Overnight stateside, the three major averages closed higher. The  rose during choppy trading, adding 0.43% to close at 5,631.28 while the  gained 0.27% to end at 17,738.16. The  climbed 284.97 points, or 0.70%, and settled at 41,113.97. 

— C온라인카지노사이트's Pia Singh and Alex Harring contributed to this report.

Market 'volatility' presents opportunities in Asian private credit, says investment firm

As the world adjusts to a "global risk recalibration", private credit is leveraging on that volatility which is now a "persistent feature of the market", Diane Raposio, head of Asia Markets and Credit at investment firm KKR, told C온라인카지노사이트's " Thursday.

"We use that as a time to rotate our public credit portfolios, both globally and in Asia. And we also use that opportunity on the private credit side to be talking to corporates. They need flexible capital," she said.

She pointed out factors driving optimism specifically in Asia, where the firm has been operating for 20 years, including a supply and demand gap and the muted impact of tariffs on Asia's growth.

"Less than 5% of all capital has been raised for private credit, so you've got a huge amount of demand and very little flexible capital today. So that's what's really driving the large supply and demand gap," Raposio noted.

- Diane Jorolan, Neha Hegde

China defense stocks surge as India-Pakistan tensions escalate

Tensions between India and Pakistan are rising, with Chinese defense stocks surging after Pakistan's apparent use of China-made weapons to down Indian jets.

Pakistan's Foreign Minister Ishaq Dar claimed on Wednesday that Pakistan deployed  in a clash with India's air force, according to .

AVIC, through its subsidiary AVIC Chengdu Aircraft,  reportedly used by Pakistan in the recent conflict. Another subsidiary, AVIC Aerospace, which produces military aircraft and helicopters, saw its Hong Kong-listed shares rising over 6%.

And Shenzhen-listed stocks of AVIC Chengdu Aircraft surged as much as over 16%. It last traded 8.31% higher at 11.40 a.m. local time. On Wednesday, its stocks rose 17.05%, marking the most significant gain since last October.

Read the full story .

—Lee Ying Shan

Shares of Chinese bubble-tea brand Auntea Jenny soar on trading debut

Shares of Chinese bubble-tea brand Auntea Jenny rose as much as 75% in its Hong Kong trading debut.

The shares saw strong demand from retail investors in Hong Kong, with the allocation oversubscribed by over 3,616 times.

The shares hit a high of HK$197.60, which is 74.7% higher than the offer price of HK$113.12. Meanwhile, the Hang Seng Index rose 1.1%.

The Shanghai-based company raised HK$272.8 million (about US$35 million) in gross proceeds by issuing 2.4 million shares, .

—Lee Ying Shan, Lim Hui Jie

India economy is resilient, any country will "give an arm and a leg" for its IPO numbers: NSE CEO

India's IPO numbers are strong despite perceptions of an IPO drought, Ashishkumar Chauhan, MD & CEO of the National Stock Exchange of India told C온라인카지노사이트's "" Thursday.

The country saw more than 268 IPOs last year, he said.

"India is a very vibrant capital markets with huge amount of growth. And that's where when you look at 268 IPOs ... We may think it's a drought, but overall, any country will give an arm and a leg for that kind of numbers on IPO," he added.

He attributed the Indian economy's resilience to its tech sector and young population that keeps consumption demand high.

Last week, India's electric two-wheeler player making it the country's third largest this year.

He added that there are more companies in the IPO pipeline.

- Amanda Yeo, Neha Hegde

Philippines GDP climbs 5.4% in first quarter, missing expectations

expanded 5.4% year on year in the first quarter of 2025, up from the 5.3% climb in the previous quarter.

The latest reading missed the expectation of a 5.7% expansion compiled in a poll by Reuters.

The country said the main contributors to growth were sectors including manufacturing, financial and insurance activities, as well as wholesale and retail trade.

— Lim Hui Jie

China central bank cuts 7-day reverse repo rate to 1.4%

The People's Bank of China has lowered the borrowing cost of its seven-day reverse repurchase agreements by 10 basis points Thursday, following through Beijing's monetary easing measures announced the day before.

The central bank carried out a reverse repurchase operation of 158.6 billion yuan ($21.9 billion) at a fixed rate of 1.4%, compared to 1.5% previously, according to .

The reduction of the seven-day reverse repo rate, which serves as the country's main policy rate, could lead to similar cuts in other market rates.

— Anniek Bao

LG Electronics to set up $600 million home appliance factory in India: Yonhap

South Korean electronics giant LG Electronics that it will build a $600 million factory in India.

The facility will be LG's third production base in India, and will begin production by the end of 2026, South Korean media outlet Yonhap reported.

It will be able to produce 800,000 refrigerators, 850,000 washing machines, 1.5 million air conditioners and 2 million air conditioner compressors a year.

Shares of LG Electronics were down 0.28% on Thursday.

— Lim Hui Jie

Powell acknowledges increasing uncertainty, downside risks

Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on May 7, 2025 in Washington, DC.
Andrew Harnik | Getty Images
Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on May 7, 2025 in Washington, DC.

Fed Chair Jerome Powell acknowledged rising headwinds to the central bank's dual mandate on Wednesday.  

"My gut tells me that uncertainty about the economy is extremely elevated. The downside risks have increased," Powell told reporters. 

However, he added, "The risks of higher unemployment and higher inflation have risen, but they haven't materialized yet. … And that tells me more than my intuition," reiterating the Fed's decision to keep interest rates unchanged.

— Hakyung Kim

Stocks end Wednesday higher

Major U.S. indexes closed Wednesday in the green, capping a volatile session for stocks as investors digested updates from the Federal Reserve and new developments on trade.

The  added 0.43% to finish the session at 5,631.26, while the tech-heavy  gained 0.27% to end at 17,738.16. The  gained 284.97 points, or 0.7%, to close at 41,113.97.

— Pia Singh

Trump says he will not lower China tariffs ahead of negotiations

US President Donald Trump speaks during a swearing-in ceremony for the Ambassador to China, former Republican Senator of Georgia, David Perdue, in the Oval Office of the White House in Washington, DC, May 7, 2025.
Jim Watson | Afp | Getty Images
US President Donald Trump speaks during a swearing-in ceremony for the Ambassador to China, former Republican Senator of Georgia, David Perdue, in the Oval Office of the White House in Washington, DC, May 7, 2025.

President Donald Trump told reporters Wednesday that he would not lower tariffs on China as a condition to begin trade negotiations. Members of Trump's team are set to meet with Chinese officials in Switzerland this weekend to discuss trade matters.

The U.S. president also indicated that fentanyl was still a key issue in any potential discussions.

"They have to stop fentanyl from coming in. That'll be a very big part," Trump said.

— Jesse Pound, Laya Neelakandan

Also on C온라인카지노사이트

Copyright C온라인카지노사이트
Contact Us