Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian stocks declined Thursday as concerns over high U.S. interest rates and fresh trade tariffs dampened investor sentiment. Hong Kong’s Hang Seng led the losses, falling 2.2%, as enthusiasm for AI stocks waned.
Wall Street provided a mixed lead, with the S&P 500 hitting a record high but showing limited gains due to weaker risk appetite. U.S. stock futures slipped after President Donald Trump announced plans to impose 25% tariffs on automobiles, pharmaceuticals, and semiconductors within a month, along with new duties on lumber.
Trade-sensitive markets reacted sharply. Japan’s Nikkei 225 dropped 1.7%, while the TOPIX lost 1.5%. Major automakers Toyota and Honda both fell over 2% as concerns grew over their reliance on U.S. sales. South Korea’s KOSPI declined 0.6%, and Singapore’s Straits Times Index edged down 0.1%. Australia’s ASX 200 slid 1.3%, hit by both tariff concerns and stronger-than-expected job data, which reinforced expectations of a hawkish Reserve Bank of Australia.
Hong Kong’s tech sector took a hit, with Baidu dropping over 2% after weak earnings, dragging Alibaba down 2.5%. While optimism over AI had driven Chinese tech stocks higher in recent weeks, market momentum faded.
Mainland Chinese markets also weakened, but losses were limited amid expectations of further stimulus from Beijing. The People’s Bank of China kept its loan prime rate at record lows. The Shanghai Shenzhen CSI 300 fell 0.4%, and the Shanghai Composite lost 0.2%.
Despite the market downturn, hopes for a potential U.S.-China trade deal provided some support. However, Trump’s earlier 10% tariffs on Chinese goods in February remain a headwind for the region’s economic outlook.
