Most Asian stocks edged lower on Thursday due to growing uncertainty over U.S. trade policy and weak economic indicators, though Hong Kong and South Korea bucked the trend with tech-driven gains.
Investor sentiment remained cautious as Wall Street closed mixed after soft U.S. labor data and concerns over escalating tariffs under President Donald Trump. Trump is expected to hold a call with Chinese President Xi Jinping this week, which may revive stalled trade negotiations. Meanwhile, S&P 500 futures dipped 0.1% in Asian trading.
Japan’s Nikkei 225 fell 0.4% and the TOPIX shed 0.8%, dragged down by weaker-than-expected April wage growth, raising doubts about Japan’s consumption recovery. Australia’s ASX 200 also slipped 0.1% following disappointing April trade data, reflecting a sharp decline in commodity exports. Singapore’s Straits Times index remained flat, while India’s Gift Nifty 50 futures also signaled a muted open ahead of a possible 25 basis point rate cut by the Reserve Bank.
Hong Kong’s Hang Seng Index rose 1%, lifted by gains in major tech stocks such as Alibaba, Meituan, and BYD Electronic. SMIC jumped 2.5%, tracking overnight gains in U.S. tech as falling Treasury yields and AI optimism supported global chipmakers. Taiwan’s TSMC added 0.2%, while South Korea’s SK Hynix and Samsung surged 5.4% and 3.3%, respectively.
China’s mainland indexes lagged, with both the CSI 300 and Shanghai Composite down 0.1%. Despite a better-than-expected Caixin services PMI, weak manufacturing data limited gains. Market watchers expect more stimulus from Beijing amid the ongoing U.S.-China trade rift.
South Korea’s KOSPI led regional markets, climbing 2% to an 11-month high on post-election optimism and a strong tech sector. The recent victory of President Lee Jae-myung ended months of political uncertainty, further boosting investor confidence.


Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Australia’s December Trade Surplus Expands but Falls Short of Expectations
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 



