Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
A solid close on Wall Street overnight translated into somewhat softer gains in Asia on Thursday morning. Asian markets were generally higher on Thursday, with a slew of manufacturing data from the region prompting little reaction, while Chinese bourses were closed.
Chinese stock markets were shut on Thursday in observance of National Day. Chinese factory activity continued to deteriorate last month as new work fell at the quickest rate in three years, raising fresh calls for policymakers to add more stimulus as the economy continues to slow. The Caixin-Markit China manufacturing Purchasing Managers' Index (PMI) fell to 47.2 in September, the lowest since March 2009, from 47.3 in August, coming in stronger than the preliminary reading of 47.0. The Purchasing Managers' Index rose from 49.7 in August to 49.8 last month, signalled a slight moderation in the industry's contraction.
Japan's benchmark Nikkei 225 index rose 0.27% to 17,435.02 points within the first hour of trade, while Tokyo's broader Topix gauge jumped 0.64% to 1,420.25 points. The Bank of Japan (BoJ) Tankan Manufacturing Index of large-scale factories fell from 15 to 12 in the September quarter.
Korea's benchmark Kospi index advanced 0.21% to 1,966.90 points this morning in Seoul.
The benchmark Australian S&P/ASX 200 index rose 0.80% to 5,061.90 points in Sydney, with Australia's big lenders supporting the index, as well as resource stocks.
New Zealand's benchmark S&P/NZX 50 index fell 0.18% to 5,583.35 points this afternoon in Wellington.
