Nikkei Surges Past 66,000 as Asia Ends Mixed, Oil Slides and Palladium Jumps
Executive summary: Tokyo led Asia-Pacific trading with a broad risk-on move, as the Nikkei 225 and Nikkei 225 ETF both rose more than 3%. The session also featured a sharp drop in WTI crude, a pullback in gold and silver, and a standout rally in palladium. Currency moves were muted, with USD/JPY and USD/CNY little changed. [Continue Reading]
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Tokyo Opens Higher as Nikkei Extends Rally, Oil and Gold Slide Across Asia-Pacific
Executive summary: Tokyo opened with a clear risk-on tone, led by a +1.8% rise in the Nikkei 225, while Hong Kong and Seoul fell sharply. The move came alongside a broad drop in WTI crude, gold and several industrial metals, a weaker yen, and a firmer yuan. The split screen suggests investors are rotating within the region rather than embracing a uniform Asia-wide rally. [Continue Reading]
Tokyo and Asia-Pacific Close Lower as Risk Aversion Hits Equities, Gold and Silver Slide
Executive summary: Asia-Pacific markets ended broadly weaker in Tokyo trading, with the Nikkei 225, Kospi, Hang Seng and ASX 200 all finishing lower. Safe-haven metals also fell sharply, while palladium bucked the trend. The move came alongside a firmer U.S. dollar against the yen and a modestly stronger yuan, pointing to a session shaped by cross-asset repricing and a stronger risk-off tone. [Continue Reading]
Xi Jinping meets Kim Jong Un in Pyongyang after seven years
Chinese President Xi Jinping has met North Korean leader Kim Jong Un in Pyongyang, in a visit described in the supplied material as Xi's first to North Korea in seven years. The talks took place on Tuesday and were accompanied by symbolic events including a tree planting, a performance of Chinese and North Korean songs and a banquet hosted by Kim. Both sides said they wanted to deepen cooperation, but the material provided says there was no mention of North Korea's nuclear weapons programme.According to the supplied rows, the two leaders agreed to expand cooperation across politics, economy and culture,... [Continue Reading]
360LiveNews | 09 Jun 2026 13:29 LONDON
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Philippine earthquake kills at least 37 and displaces more than 20,000 in Mindanao
Rescuers in the southern Philippines searched damaged buildings on Tuesday after a strong offshore earthquake centred near Mindanao killed at least 37 people and displaced more than 20,000. The quake struck on Monday morning and caused damage across several provinces, with officials warning that some collapsed or heavily damaged structures still needed to be checked for survivors or additional casualties. Many of those forced from their homes moved into emergency shelters after fears of a tsunami spread through coastal communities.The earthquake measured 7.8 magnitude, according to the supplied report, and was one of the strongest to hit the country in... [Continue Reading]
360LiveNews | 09 Jun 2026 08:30 LONDON
Hundreds of aftershocks hit southern Philippines after magnitude 7.8 quake
Hundreds of aftershocks have shaken southern Philippines after a magnitude 7.8 earthquake struck Mindanao on Monday morning. Officials say the death toll stands at 37, with 487 people injured, and warn that the number could still rise as responders reach more affected areas. The quake has caused widespread damage across parts of the island, with buildings collapsing and roads cracked or blocked by landslides.Emergency teams are still working to reach coastal cities and towns, where the scale of destruction is becoming clearer. Bernardo Alejandro, an assistant secretary with the agency overseeing disaster response, said search and rescue remained the priority... [Continue Reading]
360LiveNews | 09 Jun 2026 07:30 LONDON
Philippines earthquake off Mindanao kills at least 35 and triggers regional tsunami effects
At least 35 people have been killed and more than 200 injured after a magnitude 7.8 offshore earthquake struck near Mindanao in the southern Philippines, according to officials. The quake hit on Monday and caused damage across several provinces, including General Santos, Sarangani, South Cotabato, Davao Occidental and Zamboanga del Sur. It also triggered tsunami-related effects in coastal areas and prompted warnings that were later lifted.The Philippine Institute of Volcanology and Seismology said the quake was the strongest to hit the country this year. Its director, Teresito Bacolcol, said the epicentre was offshore near Mindanao at a depth of 33km,... [Continue Reading]
360LiveNews | 08 Jun 2026 20:59 LONDON
Philippines earthquake kills 15, prompts tsunami alerts across region
A powerful magnitude 7.8 earthquake struck offshore southern Philippines near Mindanao on Monday morning local time, triggering tsunami alerts in several countries and reports of casualties. The quake hit off the island's southern tip, near Sarangani province, and was felt across a wide area. Authorities in the Philippines, Indonesia, Malaysia and Japan all issued warnings or advisories as the situation developed.The United States Geological Survey said the earthquake struck shortly before 7:40am local time, or 23:40 GMT on Sunday. It was centred 32km west of Maasim in Sarangani province and occurred at an estimated depth of 33km. By late morning,... [Continue Reading]
360LiveNews | 08 Jun 2026 12:02 LONDON
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At least 19 dead after magnitude 7.8 quake off Mindanao in the Philippines
A magnitude 7.8 earthquake off the coast of Mindanao in the southern Philippines has killed at least 19 people, injured many more and triggered tsunami alerts across the region. The quake struck on Monday at 07:37 local time, or 23:37 GMT on Sunday, and was felt across several provinces in the south. Buildings collapsed in multiple areas, including General Santos, and emergency officials continued to assess the scale of the damage.Officials said at least 134 people were reportedly injured across South Cotabato, Sultan Kudarat, Sarangani and General Santos, although those figures still need to be verified by the national disaster... [Continue Reading]
360LiveNews | 08 Jun 2026 09:32 LONDON
Australia's AUKUS submarine plan reignites debate over war risk with China
Australia's AUKUS submarine plan has returned to the centre of political debate after the government reaffirmed that the pact is moving ahead and the Greens warned it could pull the country into a future US war with China. The dispute is focused on Australia's plan to buy secondhand Virginia-class attack submarines from the United States. It comes as the government continues to defend the multi-decade defence agreement, which has become one of the country's most contested security projects.Prime Minister Anthony Albanese said AUKUS was "full-steam ahead", according to the report, after the Greens renewed calls to cancel the nuclear-powered submarine... [Continue Reading]
360LiveNews | 07 Jun 2026 06:30 LONDON
