Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Asian stock markets showed a mixed performance on Monday, with Japan and South Korea leading regional gains amid a rebound in technology shares, while China lagged despite signs of improving inflation. The positive sentiment was partly driven by a rally in U.S. stock futures, as reports indicated that a prolonged government shutdown may soon end. S&P 500 futures surged 0.6% in Asian trading, boosting investor confidence.
Japan’s Nikkei 225 rose 1.2%, and South Korea’s KOSPI jumped 2.8%, supported by strong rebounds in major tech stocks. Hong Kong’s Hang Seng also added 0.3%. Investors engaged in bargain buying after last week’s heavy tech-driven selloff, which stemmed from growing doubts over artificial intelligence-driven valuations. Key chipmakers led the rally, with SK Hynix gaining 5%, Samsung Electronics up 2.3%, Advantest climbing 3.9%, and Tokyo Electron advancing 4.3%. Taiwan Semiconductor Manufacturing Co. (TSMC) rose 1% in early trading. The rally was further fueled by NVIDIA CEO Jensen Huang’s comments highlighting strong demand for the firm’s new Blackwell AI chips.
Japanese e-commerce firm Mercari Inc. was a standout performer, soaring over 10% after reporting robust quarterly results, becoming the top gainer on the Nikkei 225.
In contrast, Chinese markets underperformed, with the Shanghai Shenzhen CSI 300 and Shanghai Composite Index trading flat to lower. October data showed China’s consumer price index rising for the first time since June, driven by Golden Week spending, while producer prices continued to decline for the 37th straight month. Despite this mild improvement, China remains mired in deflationary pressure amid weak consumer demand.
Elsewhere, Singapore’s Straits Times Index slipped 0.8%, Australia’s ASX 200 gained 0.7%—supported by ANZ Group’s 1.8% rise—and India’s Nifty 50 futures climbed 0.4%.
