Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Asia opens second half of year mixed

Economies.com
2020-07-01 04:36 UTC

Asian stock indices opened the third session of the week and the first session of July mixed, with China, Australia, South Korea, and Hong Kong higher, while Japan and New Zealand lost ground. 

 

Earlier Japanese data showed industrial output fell 8.4% in May while falling 25.9% on a yearly basis. 

 

Japan's unemployment rose to 2.9% from 2.6%, as housing starts fell 12.3% in May. 

 

The World Health Organization recently warned "the worst hasn't come yet" in the Covid 19 pandemic, as it continues to accelerate and spread.

 

The Federal Reserve will release the minutes of its June 9-10 meeting, at which policymakers voted to maintain rates at near zero. 

 

Japan's TOPEX fell 0.45%, while Nikkei 225 slid 0.19% to 22,246.20. 

 

China's CSI 300 rose 1.18%, while Shanghai climbed 0.64% to 3,003. 

 

Hong Kong's Hang Seng rose 0.52%, while South Korea's KOSPI climbed 0.85% to 2,126. 

 

New Zealand's NZX 50 fell 0.83%, while Australia's S&P/ASX 200 rose 0.36% to 5,919. 

Asian Market News

Americas News

Markets

US stocks fall as chip selloff deepens
2026-07-17 15:20 UTC
US stocks declined on Friday as investors reassessed the artificial intelligence-driven rally that ...
Americas News

Markets

Nasdaq and S&P 500 Decline as Chip Stocks Remain Under Pressure Ahead of Earnings
2026-07-16 15:01 UTC
The S&P 500 and Nasdaq indices moved lower on Thursday as continued weakness in semiconductor ...
Americas News

Markets

Wall Street closes higher as softer inflation and a strong start to earnings season lift sentiment
2026-07-15 20:32 UTC
US stocks closed higher on Wednesday after weaker-than-expected inflation data and another round of ...