Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Asian Stocks Mixed as U.S. Treasury Yields Rise
Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious. Most regional markets followed a flat lead from Wall Street, which saw mixed corporate earnings and subdued optimism.
Hong Kong's Hang Seng Index Surges on IPO Strength
Hong Kong's Hang Seng Index led the region, rising 1.7%. The market was buoyed by a strong debut from China Resources Beverage, which saw its shares soar by 14%. The company raised $540 million in its IPO, marking Hong Kong’s second-largest IPO of the year. This followed Horizon Robotics, which raised $696 million earlier in the week, fueling optimism about a recovery in Hong Kong's IPO market after a prolonged slump.
Chinese Markets Extend Gains on Stimulus Measures
China’s Shanghai Composite and CSI 300 indexes rose 0.4% and 0.2%, respectively, as Beijing's recent stimulus measures boosted investor sentiment. A surprise interest rate cut from the People’s Bank of China (PBOC) on Monday and expectations of further liquidity injections helped support Chinese stocks.
Other Asian Markets Struggle for Direction
Elsewhere, Japan's Nikkei 225 and TOPIX indices remained flat amid anticipation of a general election and an upcoming Bank of Japan meeting. Australia’s ASX 200 and South Korea's KOSPI also saw minimal movement, while India's Nifty 50 futures pointed to a weak open due to profit-taking and capital outflows.
