Tech and property stocks fuel Hang Seng gains, while a strong yen weighs on Nikkei. Learn how rate expectations shape Asia’s stock markets.
EU mid-market update: BOE set to cut rates, but likely keeping its gradual stance; Maersk stays pessimistic regarding Red Sea return; Tokyo Electron beat helps global chip names.
Summary Tokyo Electron reaffirmed its annual outlook and announced a ¥104 billion plant expansion, signaling confidence in AI-driven chip demand. The company’s Q4 profit surged 51%, beating estimates.
Tokyo Electron (TSE:8035) updated outlook for the wafer fabrication equipment (WFE) market and its investment plans.
Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...