German Industrial Orders Plunge 10.6% in August 
Gold Prices Slip as Strong Dollar and High Treasury Yields Weigh 
Nasdaq Hits Record High as Tech Stocks Lift Wall Street 
Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings 
Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs 
Gold Prices Rise as Weak US Jobs Data Cuts Fed Hike Bets 
China Shuts 670 Banks as Bitcoin Eyes Financial Risks 
Ukraine Faces $56 Billion Budget Gap as War Costs Soar 
Asian Stocks Rise as Fed Rate Hike Bets Fade 
Oil Prices Fall as G7 Reserve Release Eases Supply Fears 
Europe EV Sales Hit Record as Affordable Models Boost Demand 
Asian Currencies Slide as Dollar Rises, Euro Hits 17-Month Low 
US Stock Futures Rise as Weak Jobs Data Eases Fed Hike Bets 
Wall Street Rises as Oil Prices Ease, Nasdaq Hits Record 
World Bank Raises South Asia Growth Forecast to 6.9% 
Asian Currencies Steady as Dollar Holds Near 18-Month High 
OPEC+ Keeps November Oil Output Targets Steady 
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Asian stocks traded mostly higher on Tuesday, supported by a record close on the Nasdaq, although surging U.S. Treasury yields and elevated oil prices kept investors cautious.
Wall Street provided a positive lead after the Nasdaq Composite climbed 1.1% to a record closing high on Monday. The S&P 500 advanced 0.7%, while the Dow Jones Industrial Average gained 0.2%. U.S. stock futures were also slightly higher in early Tuesday trading.
Japan’s Nikkei 225 rose 1.1%, while the broader TOPIX gained 1%. Hong Kong’s Hang Seng Index advanced 0.5%, and the Hang Seng TECH Index added 0.7%.
South Korea’s KOSPI bucked the regional trend, falling about 1% after initially opening higher. Major chipmakers Samsung Electronics and SK Hynix declined between 1.5% and 3%. Mainland Chinese markets remained closed for the National Day and Golden Week holidays and are scheduled to reopen on Thursday, October 8.
Bond yields remained a major headwind for Asian equities. Japan’s 10-year government bond yield climbed to 3.122%, its highest level since 2022, amid expectations for additional Bank of Japan policy tightening. The move followed another surge in U.S. yields, with the 10-year Treasury yield reaching 5.349%, its highest since 2002, while the 30-year yield touched 5.703%.
Higher bond yields can pressure stock valuations by increasing borrowing costs and making fixed-income assets more attractive, particularly compared with growth-focused technology shares.
Elsewhere, Australia’s S&P/ASX 200 gained 0.6%, while Singapore’s Straits Times Index was little changed. India’s Nifty 50 rose 0.5%, supported by financial stocks.
Investors are awaiting the Reserve Bank of India’s Wednesday policy decision, with markets expecting a 25-basis-point rate increase. Minutes from the Federal Reserve’s September meeting are also due Wednesday and could provide clues about inflation concerns and future rate hikes.
Oil remained another key market risk. Brent crude hovered around $100 per barrel after falling 1.9% on Monday as Middle East exports increased and the G7 pledged additional supplies, although concerns over renewed U.S.-Iran conflict disruptions persisted.
