Asian markets
Coverage of Asian markets in the Nexus archive.
- Hong Kong stocks retreat as regional tech volatility offsets short covering
Hong Kong stocks retreated as regional tech volatility and a tech sell-off in neighboring markets dampened sentiment. The Hang Seng Index fell 0.78% while the Hang Seng Tech Index declined 0.06% despite optimism around recent IPO lock-up expirations.
- Hong Kong stocks retreat as regional tech volatility offsets short covering
Hong Kong stocks retreated as regional tech volatility and a tech sell-off in neighboring markets offset optimism from initial public offering lock-up expirations. The Hang Seng Index fell 0.78% to 24,011, while the Hang Seng Tech Index declined 0.06%.
- Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record
Asian markets retreated despite a rebound in AI stocks, which lifted the S&P 500 to the brink of a new record. The rebound in AI stocks boosted Wall Street but did not prevent Asian shares from declining.
- ‘Upside potential’: World Gold Council counts on Asian buyers to curb price plunge
The World Gold Council highlights Asian markets as a growing force in gold price discovery, noting rebounds during Asian trading hours and pullbacks when US markets are open. The report attributes this trend to heightened geopolitical concerns and shifting investor sentiment.
- ‘Upside potential’: World Gold Council counts on Asian buyers to curb price plunge
The World Gold Council highlights the growing influence of Asian markets on gold price dynamics, noting rebounds during Asian trading hours and pullbacks during U.S. market sessions. The report underscores gold's sensitivity to geopolitical tensions and shifting investor sentiment.
- Stocks markets surge as Trump calls off strikes on Iran, touts peace deal
Stock markets surged as Trump announced the cancellation of strikes on Iran and promoted a peace deal, leading to optimism in Wall Street and Asian markets. The rally was driven by hopes for an end to the US-Israeli conflict with Iran.
- Tech sell-off widens as South Korea plunges
Asian markets opened sharply lower as a tech sell-off widened, with South Korea experiencing significant declines following a major drop in the Nasdaq on Friday.
- Asian Markets Weigh Iran Risk, AI Rally | The Asia Trade 6/2/2026
Asian markets are assessing risks related to Iran while experiencing a rally driven by artificial intelligence (AI). The article highlights the dual impact of geopolitical concerns and technological advancements on regional financial markets.
- Iran deal status remains uncertain
The status of an Iran peace deal remains uncertain as conflicting signals emerge between Washington and Tehran. A US official reported a proposed 60-day ceasefire framework, but Iran has not yet approved it. While US President Donald Trump emphasized the deal's potential significance, Tehran criticized frequent changes in the US stance, with markets reacting cautiously.
- Oil Falls, Stocks Climb on Hopes of US-Iran Hormuz Deal
Oil prices fell 5% and Asian markets rose as investors reacted to potential progress in a US-Iran deal to reopen the Strait of Hormuz. US officials indicated progress, but key issues like uranium stockpiles and sanctions relief remain unresolved, with traders assessing impacts on inflation and energy supplies.