IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Asian stocks climbed on Tuesday, with Hong Kong leading gains as optimism over China’s economic stimulus and growing confidence in AI innovation fueled a rally in major tech stocks.
Hong Kong’s Hang Seng Index jumped nearly 2% to a three-year high, driven by a 10% surge in Baidu (NASDAQ:BIDU) after launching two new AI models. Alibaba (NYSE:BABA) gained over 4% following reports that its 2025 performance metrics will focus on AI-driven growth. BYD Co (HK:1211) also hit a record high after unveiling fast-charging EV technology.
China’s broader markets advanced, with the Shanghai Shenzhen CSI 300 and Shanghai Composite adding 0.3% and 0.2%, respectively. Investors welcomed Beijing’s stimulus plans, boosting confidence in a 2025 economic recovery.
Japanese stocks outperformed, with the Nikkei 225 up 1.6% and the TOPIX rising 1.5%. Warren Buffett’s Berkshire Hathaway increased its holdings in Japan’s five largest trading houses—Itochu Corp. (TYO:8001), Mitsui & Co. (TYO:8031), Mitsubishi Corp. (TYO:8058), Sumitomo Corp. (TYO:8053), and Marubeni Corp. (TYO:8002)—to nearly 10%, fueling strong gains.
Markets also focused on the Bank of Japan’s upcoming meeting, where the central bank is expected to hold rates but adopt a hawkish tone amid signs of economic resilience.
Elsewhere, Australia’s ASX 200 rose 0.2%, South Korea’s KOSPI gained 0.3%, and Singapore’s Straits Times Index surged 0.9%. India’s Nifty 50 futures pointed to a positive open, tracking regional momentum.
Despite strong stock market gains, U.S. stock index futures dipped in Asian trading as investors remained cautious over trade tariffs, a potential recession, and an upcoming Federal Reserve meeting. Meanwhile, heightened geopolitical tensions in the Middle East dampened risk appetite.
