Upwards on Asian Stock Exchanges

» Published: August 15 2024

Upwards on Asian Stock Exchanges
Photo: Eugene HoshikoAP/TT

It was broadly upwards for leading stock exchange indices in Asia, driven among other things by decreased concern over inflation in the US, which paves the way for an upcoming American interest rate cut.

In Tokyo, the Nikkei 225 index was up over 1 percent and the broader Topix up 1.2 percent after a few hours of trading on Thursday. Japan's GDP increased more than expected during the second quarter and for the first time in five quarters, private consumption increased.

In China, the composite indices in Shanghai and Shenzhen stood at plus 1.2 and 1.3 percent, respectively, while the increase in Hong Kong, for the Hang Seng index, was up 0.7 percent.

In South Korea, the Kospi index was up 0.9 percent.

Tags

TT News AgencyT
By TT News Agency - Translated and adapted by Sweden Herald under license from TT News Agency

More news

Nvidia CEO Jensen Huang Awarded
1 MIN READ

Nvidia CEO Jensen Huang Awarded Honorary Doctorate in Sweden

Mediators Appointed to Resolve Union
1 MIN READ

Mediators Appointed to Resolve Union Dispute Over Work Hours

Financial Supervisory Authority Chief Daniel
2 MIN READ

Financial Supervisory Authority Chief Daniel Barr to Step Down by Summer

Bolt Drivers Face Payment Delays
1 MIN READ

Bolt Drivers Face Payment Delays Due to Banking Issue

Nasdaq Drops Over 6% as
1 MIN READ

Nasdaq Drops Over 6% as Wall Street Reverses Recent Gains

Senators Call for Probe into
1 MIN READ

Senators Call for Probe into Trump's Stock Remarks Before Tariff Pause

Prada Acquires Versace in Historic
1 MIN READ

Prada Acquires Versace in Historic $1.38 Billion Deal

US Inflation Drops to 2.4%
1 MIN READ

US Inflation Drops to 2.4% in March, Below Expectations

Polestar Reports 76% Increase in
1 MIN READ

Polestar Reports 76% Increase in First Quarter Sales

Uncertainty Lingers Despite Trump's Tariff
2 MIN READ

Uncertainty Lingers Despite Trump's Tariff Pause, Say Swedish Leaders

Sweden Warns of Economic Impact
3 MIN READ

Sweden Warns of Economic Impact from Trump's Tariffs, Eyes Short-Term Work

Trump's Tariff Strategy: Unpacking His
3 MIN READ

Trump's Tariff Strategy: Unpacking His Economic Goals and Global Impact

Global Trade Tensions Rise as
3 MIN READ

Global Trade Tensions Rise as Trump Imposes New Tariffs

Sweden's Retirement Age Drops to
1 MIN READ

Sweden's Retirement Age Drops to 65.5: What It Means for You

Central Bank Warns: Global Uncertainty
1 MIN READ

Central Bank Warns: Global Uncertainty Threatens Economic Stability

TSMC Reports 42 Percent Sales
1 MIN READ

TSMC Reports 42 Percent Sales Surge in Q1, Exceeding Expectations

Norwegian and Danish Inflation Rates
1 MIN READ

Norwegian and Danish Inflation Rates Drop Sharply in March

Unexpected Swedish GDP Drop Sparks
2 MIN READ

Unexpected Swedish GDP Drop Sparks Economic Concerns: Analysis

Stockholm Stock Exchange Rises 4.8%
1 MIN READ

Stockholm Stock Exchange Rises 4.8% After U.S. Tariff Delay

SBAB Cuts Fixed Mortgage Rates
1 MIN READ

SBAB Cuts Fixed Mortgage Rates as Borrowing Costs Drop

Stockholm Stock Exchange Surges Amid
3 MIN READ

Stockholm Stock Exchange Surges Amid Trump Tariff Pause, Uncertainty Remains

Stay the Course: Seventh AP
3 MIN READ

Stay the Course: Seventh AP Fund Advises Patience in Market Downturn

France Cuts 2025 Growth Forecast
1 MIN READ

France Cuts 2025 Growth Forecast as Trade Uncertainty Looms

Global Markets Rally Following Trump's
1 MIN READ

Global Markets Rally Following Trump's Tariff Suspension Decision

EU Halts Retaliatory Tariffs on
2 MIN READ

EU Halts Retaliatory Tariffs on US for 90 Days, Seeks Negotiations

Trump's Tariff Pause Signals Shift,
2 MIN READ

Trump's Tariff Pause Signals Shift, But Uncertainty Remains

Oil Prices Surge After Trump's
1 MIN READ

Oil Prices Surge After Trump's Tariff Announcement

Trump Pauses Tariffs for 90
3 MIN READ

Trump Pauses Tariffs for 90 Days to Boost Trade Talks with EU

Swedish Fund Values Plunge as
2 MIN READ

Swedish Fund Values Plunge as US Small-Cap Funds Hit Hard

China Seeks Stability in Trade
2 MIN READ

China Seeks Stability in Trade Tensions with US, Says Expert

Trade Tensions Escalate: Timeline of
3 MIN READ

Trade Tensions Escalate: Timeline of Recent Tariff Developments

Swedish Export Leaders to Meet
1 MIN READ

Swedish Export Leaders to Meet Prime Minister on Trade Challenges

Coffee Bean Prices Hit Four-Month
1 MIN READ

Coffee Bean Prices Hit Four-Month Low on Global Market

Wall Street Soars as Trump
2 MIN READ

Wall Street Soars as Trump Pauses Tariffs, Tech Stocks Lead Gains

EU Greenlights Retaliatory Tariffs on
2 MIN READ

EU Greenlights Retaliatory Tariffs on US Goods Starting April 15

Kristersson Expresses Concern Over Stock
2 MIN READ

Kristersson Expresses Concern Over Stock Market Drop After Tariffs

Unionen Strike Warning Puts Swedish
1 MIN READ

Unionen Strike Warning Puts Swedish Trade and Inspections at Risk

Deutsche Bank Warns Fed May
2 MIN READ

Deutsche Bank Warns Fed May Need to Act on Rising US Interest Rates

Sweden to Explore Debt Relief
1 MIN READ

Sweden to Explore Debt Relief Options for Long-Term Debtors

Pension Agency Reassures: No Action
2 MIN READ

Pension Agency Reassures: No Action Needed Despite Market Fluctuations