Asia stocks mixed after Wall St hits new highs / Photo: Mandel NGAN - AFP/File
-
Authorities to identify Montauk Mary and five other Long Island cold-case victims
-
Davante Adams injury deepens Los Angeles Rams receiver shortage
-
Barbie sequel negotiations stall over reported $25 million pay packages
-
João Franco’s earlier post draws attention after arrest over fatal Turkey brawl
-
Bath & Body Works launches buy-one-get-one-free candle offer
-
Alberta Launches $5M Fund for Women’s Neurology Research to Address Gender Gaps
-
Itlu Arjuna receives U/A certificate ahead of theatrical release
-
Dhananjaya de Silva guides Sri Lanka to 221-4 against Pakistan
-
Niraj Kumar earns Los Angeles Olympic quota with 50m rifle bronze
-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Madlanga Commission Deadline Extended to 2027 Amid Calls for Structural Justice Reform
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
Energy Costs Push OECD Inflation Up to 4.5%
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
China's Singles' Day Exposes Persistent Consumer Caution
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Early Black Friday Walking Pad Deals: Urevo and WalkingPad Discounts
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
PodcastOne (NASDAQ:PODC) Reports Record 1H & Q2 Fiscal 2027 Financial Results; 1H Fiscal 2027 Revenue of $31.5M and Adjusted EBITDA* of $2.9M
-
Tires Easy Introduces Monthly Tire Price Index to Track U.S. Replacement Tire Prices
-
Ondas Posts Record Q3 2026 Revenue of $167.5 Million on Strong Bookings and Backlog Growth; Raises Full-Year Outlook
-
Medical Care Technologies Inc. (OTCID:MDCE) Delivers 270% Net Income Surge in Q3 as Profitability Accelerates
-
Ainos Secures Largest Order in Company History: $9 Million ASE Agreement for 5,000 Additional AI Nose Systems
-
NextTrip Advances Cruise Strategy, Connecting JOURNY TV Programming and Digital Booking Tools with Personalized Travel Advisor Support
-
SMX Targets Global Recycling Challenges With AI-Powered Material Intelligence Platform
NYSE - LSE
Asia stocks mixed after Wall St hits new highs
Asian markets were mixed on Friday following recent strong gains and after the Dow and the S&P 500 hit new records.
Modest gains on Wall Street came after an upward revision to US GDP for the second quarter and bumper results from AI chip giant Nvidia.
The upward GDP hike to 3.3 percent from 3.0 percent mainly reflected improvements in investment and consumer spending.
"After the initial release, there were concerns that the domestic (US) economy was slowing quite sharply," said Richard Flax at Moneyfarm. "But these latest data suggest that the economy is a bit stronger than initially feared."
Attention is now on Friday's release of a key US inflation reading and the implications for the US Federal Reserve's interest rate outlook.
The Paris stock market extended its recovery after tumbling early in the week on fears that France's minority government could be toppled, as it struggles to find around 44 billion euros ($51 billion) in savings.
In Asia, Japan's Nikkei and Seoul were down while Shanghai and Hong Kong's Hang Seng crept higher ahead of results from tech titan Alibaba and electric car giant BYD. Oil prices dipped.
Japanese industrial production fell by 1.6 percent month-on-month, while vehicle output plunged 6.7 percent.
"That fall echoes the big drop in motor vehicle exports last month and suggests that US tariffs are starting to bite," said Marcel Thieliant at Capital Economics.
On Thursday, Japan's tariff envoy, who was seeking to finalise a trade deal struck in July, abruptly cancelled a visit to Washington.
- Key figures at around 0230 GMT -
Tokyo - Nikkei 225: DOWN 0.4 percent at 42,667.83
Hong Kong - Hang Seng Index: UP 0.45 percent at 25,120.81
Shanghai - Composite: UP 0.4 percent at 3,858.17
Euro/dollar: DOWN at 1.1661 from $1.1680 on Thursday
Pound/dollar: DOWN at $1.3502 at from $1.3508
Dollar/yen: DOWN at 146.88 yen from 146.97 yen
Euro/pound: DOWN 86.37 at from 86.46 pence
West Texas Intermediate: DOWN 0.79 percent at $64.09 per barrel
Brent North Sea Crude: DOWN 0.76 percent at $68.10 per barrel
New York - Dow: UP 0.16 percent at 45,636.90 points (close)
New York - S&P 500: UP 0.32 percent at 6,501.86 (close)
London - FTSE 100: DOWN 0.4 percent at 9,216.82 (close)
L.Harper--AMWN