Capitalize Financial
No Result
View All Result
Thursday, June 12, 2025
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Asia-Pacific markets trade lower as investors turn cautious

in Sports
Asia-Pacific markets trade lower as investors turn cautious
KEY POINTS
  • Asia-Pacific markets struggled for gains Friday as investors turned cautious, despite a positive finish stateside in the previous session.
  • Data showed China’s factory activity expanded at a slower-than-expected pace in April as the official manufacturing Purchasing Manager’s Index fell to 51.1, from 51.9 in March.

SINGAPORE — Asia-Pacific markets struggled for gains Friday as investors turned cautious, despite a positive finish stateside in the previous session.

Australia’s ASX 200 fell 0.7% as all sectors turned red. Energy and materials were down 1.4% and 0.92%, respectively, while the heavily-weighted financials subindex lost 0.46%.

The Japanese market returned to trade after being closed Thursday for a holiday. The benchmark Nikkei 225 was down 0.43% while the Topix index traded near flat. In South Korea, the Kospi index stumbled 0.52%.

Chinese mainland shares also fell: The Shanghai composite declined 0.53% after market open while the Shenzhen component was down 0.3%. In Hong Kong, the Hang Seng index was down 1.31%.

Data showed China’s factory activity expanded at a slower-than-expected pace in April as the official manufacturing Purchasing Manager’s Index fell to 51.1, from 51.9 in March. A reading above 50 indicates expansion.

Friday’s session followed an overnight session on Wall Street where major U.S. indexes finished higher. Economic activity stateside picked up in the first three months of 2021 as GDP rose 6.4% on an annualized basis, but it fell slightly short of expectations.

Strong US economic momentum has positive implications for the global economy,” wrote Kim Mundy, a senior economist and currency strategist at the Commonwealth Bank of Australia, in a morning note.

“In our view, the global economy will benefit from spill‑overs via higher US imports.  The combination of low interest rates, an improving US economy and an improving global economy is a recipe for the USD to continue on its downward trend,” Mundy added.
READMORE..
No Result
View All Result

Subscribe Us

By clicking submit, I authorize Capitalize Financial and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here
  • Trending
  • Comments
  • Latest

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

Capital One Savings Account Rates for November 2022

These are the 10 housing markets across the US where home sellers are sitting pretty

10 Best Finance Podcasts for 2023

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices

© 2025 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2025 capitalize Financial All Rights Reserved

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset