Asian Stock Markets Rise on US Rate Cut Hopes
Asian stock markets climbed on Thursday, buoyed by a tech rally on Wall Street, upbeat earnings, and hopes of US rate cuts. Investor confidence followed after Trump's 100% chip tariff threat came with exemptions for several companies.
Japan’s shares hit a new all-time high, while Hong Kong’s Hang Seng gained 0.4% and China’s blue-chip index rose 0.3%. The rally continued from Wall Street's performance, with the S&P 500 rising 0.7% and the Nasdaq jumping 1.2%. US stock futures also showed positive momentum, with both S&P 500 and Nasdaq futures up 0.3% each.
Taiwan’s TSMC surged nearly 5% after the island’s economic officials stated that the company would not be affected by upcoming trade actions. TSMC, currently building a massive facility in Arizona, has committed to up to $165 billion in US investment, its largest ever abroad, as reported by Reuters.
Stocks linked to Apple also saw gains after the tech giant announced plans to invest an additional $100 billion in the US, raising its total commitment to $600 billion over four years.
In other markets, the US dollar slightly edged up, with the dollar index at 98.245. Gold gained 0.4% to about $3,382 per ounce, supported by the weaker dollar. Oil prices also made a recovery: Brent crude rose 0.3% to $67.09, while US WTI crude climbed 0.3% to $64.57 per barrel.
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Health Screening in Singapore (2026): How Much It Really Costs & Where to Go
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Health Screening in Singapore (2026): How Much It Really Costs & Where to Go
We all know how crucial health screenings are—spotting potential health issues early can save you from high medical bills and serious complications down the line. But when it comes to the cost of these screenings in Singapore, things aren’t always straightforward.
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
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DEHRADUN: A man narrowly escaped death after the flash flood swept through Dharali village in Uttarkashi on Tuesday, triggering a massive pile of debris. He was seen crawling out from the rubble, covered in mud and visibly injured, moments after the deadly waters destroyed homes, shops, and roads in seconds. The man's identity and his current condition remained unknown as of Tuesday evening, but widely circulated videos have already hailed him as a hero. Officials have not yet confirmed whether he was later taken to hospital or rescued by disaster response teams.
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