Hong Kong Stocks Surge at Start of 2026, Driven by Technology Sector
Hong Kong stocks surged at 2026's start, led by tech gains, with Hang Seng up 1.6% and Baidu rising 6% after AI chip unit spinoff news.
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Hong Kong stocks surged at 2026's start, led by tech gains, with Hang Seng up 1.6% and Baidu rising 6% after AI chip unit spinoff news.
The US dollar starts 2026 weak, pressured by political, fiscal, and Fed uncertainty, with markets eyeing rate cuts and new Fed leadership.
The Australian dollar nears a 14-month high in early 2026, boosted by strong data, RBA rate hike hints, and US dollar weakness.
Australian stocks opened 2026 steady as investors await inflation data; mining, banks up slightly, gold miners down, caution prevails.
Gold opened 2026 strong at $4,360/oz after a 65% gain in 2025, driven by tariffs, Fed signals, geopolitics, and central bank demand.
Oil prices rose in early 2026 on OPEC+ meeting anticipation, tighter US inventories, and heightened geopolitical tensions.
Taiwan's manufacturing PMI rose to 50.9 in Dec 2025, signaling growth for the first time since Feb, but cost pressures and hiring caution persist.
Singapore's Q4 2025 private home prices rose 0.7%, slowest in 5 quarters, with landed homes up but non-landed prices down in central areas.
South Korea's manufacturing PMI rose to 50.1 in Dec 2025, signaling sector expansion amid rising orders, costs, and cautious recovery.
Singapore's economy grew 5.7% in Q4 2025, led by manufacturing, marking its fastest pace in five quarters. Full-year growth was 4.8%.
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