360LiveNews Noontime News: Russia claims huge drone intercepts as Asia stocks slide and Heathrow warns on traffic
Russia said it intercepted 660 Ukrainian drones overnight, one of the largest cross border attacks it has reported since the full scale war began, with damage also reported in the Tula region. 🔗In the Middle East, Saudi Aramco resumed crude loading at its Ras Tanura terminal on Saudi Arabia's Gulf coast after nearly four months of disruption, a sign that exports from the key facility are back under way. 🔗 The International Atomic Energy Agency's Rafael Grossi said Iran will need a very advanced verification system once the war ends to ensure its nuclear programme is properly monitored. 🔗North Korea... [Continue Reading]
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Asian stock markets slide as tech shares slump and South Korea halts trading
Asian stock markets fell sharply on Friday in a technology-led sell-off, with South Korea's Kospi briefly halting trading after a steep drop. The benchmark index triggered a circuit-breaker mechanism when it fell 8%, before ending the session 5.8% lower. Japan's Nikkei 225 also closed more than 4% down, while other major regional markets were also weaker.The move came as investors reassessed the recent rally in technology shares and questioned whether valuations had risen too far. In South Korea, the 20-minute halt on the Kospi was the third time the circuit breaker had been triggered this week and the fifth such... [Continue Reading]
360LiveNews Breakfast News: Venezuela quake toll climbs as Gulf tensions, storms and markets jolt the day
Venezuela is reeling after two major earthquakes struck the north and west of the country, with the death toll rising from 188 to at least 235 and more than 1,500 people injured as rescuers searched for survivors in collapsed buildings. Damage estimates are already running into the billions of dollars, adding to the scale of the disaster. 🔗 🔗Officials said the quakes near Caracas left nearly 190 people dead and thousands homeless, with emergency crews still racing to pull people from the rubble. The reports point to a widening humanitarian crisis as reconstruction costs mount and the full extent of... [Continue Reading]
Tokyo and Asia-Pacific markets slide as Nikkei, Kospi and Hang Seng lead broad risk-off move
Executive summary: Asia-Pacific equities closed sharply lower in Tokyo trading, with the Nikkei 225, Kospi and Hang Seng all posting heavy losses. Gold, silver, platinum and palladium also fell, while WTI crude weakened and natural gas rose. The move points to a broad de-risking across equities and commodities, with the yen and yuan little changed against the dollar. [Continue Reading]
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Tokyo Opens Lower as Metals, Crypto and Hong Kong Lead a Broad Risk-Off Move Across Asia-Pacific
Executive summary: Asia-Pacific markets opened under pressure, with Tokyo, Seoul, Sydney and Hong Kong all lower in early trade. The sharpest moves were in silver, ether, gold, crude and Hong Kong equities, while the yen and yuan were slightly weaker against the dollar. The pattern points to a broad de-risking tone at the open, with commodities and higher-beta assets taking the heaviest hits. [Continue Reading]
Tokyo Leads Asia Higher as Nikkei Breaks Out, While Commodities and Hong Kong Slide
Executive summary: Tokyo outperformed across Asia-Pacific, with the Nikkei 225 rising +1.6% and the Nikkei 225 ETF up +1.5%. The broader regional tone was weaker, however, as Hong Kong, Australia and South Korea all finished lower. The sharpest cross-asset move was in commodities, where silver, gold, platinum, palladium and WTI crude all fell hard, while the U.S. dollar firmed against the yen and yuan. [Continue Reading]
Tokyo Opens Lower as Risk-Off Sweep Hits Asia-Pacific Markets, Gold and Oil Extend Sharp Slides
Executive summary: Asia-Pacific markets opened under heavy pressure in Tokyo, with the Nikkei 225 and Nikkei ETF both down about 2.9% as a broad risk-off move hit equities, commodities and crypto. The biggest declines were in silver, gold, WTI crude, palladium and platinum, while the yen weakened further against the dollar. The move points to a fast repricing of global risk assets, with investors also digesting a stronger dollar and softer commodity complex. [Continue Reading]
Tokyo and Asia-Pacific markets slide as Nikkei, Hang Seng and Kospi lead broad risk-off move
Executive summary: Tokyo and Asia-Pacific equities closed sharply lower, with the Nikkei 225, Hang Seng and Kospi all falling more than 2% and the ASX 200 also under pressure. The move came alongside weaker commodities, including oil, gold and silver, while the yen and yuan both weakened against the dollar. The pattern points to a broad risk-off session across the region, with tech, autos and resource-linked assets all caught in the downdraft. [Continue Reading]
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