{
  "id": 435188,
  "title": "Markets Asia: Asian stock markets on the upswing - lower US interest rate concerns boost tech stocks",
  "url": "https://urgent.news/2026/08/10/markte-asien-asiens-borsen-im-aufwind-geringere-us-zinssorgen",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T04:01:32.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/maerkte/marktberichte/maerkte-asien-asiens-boersen-im-aufwind-geringere-us-zinssorgen-befluegeln-tech-werte/100246129.html"
  },
  "original_language": "de",
  "account": "Easing concerns about imminent US interest rate hikes drove Asian stock markets higher on Monday. Japan's benchmark Nikkei index rose 2 percent to 66,928 points, while the broader Topix gained 0.44 percent to 4,093 points. South Korea's benchmark index also ended up 1.1 percent higher. The MSCI index of Asian stocks outside Japan rose 0.8 percent. Weak US jobs data had previously dampened expectations of an imminent tightening of monetary policy by the US Federal Reserve. In Tokyo, technology and AI stocks benefited from the positive cues from US stock exchanges. \"Gains in chip stocks supported the Nikkei,\" said Daisuke Hashizume, chief strategist at Daiwa Securities. \"The driving force was the decline in bets on a US Federal Reserve rate hike.\" TSMC with billion-dollar investment Among the biggest winners were chip suppliers Advantest, which rose 5.3 percent, and Tokyo Electron, which gained 3.4 percent. A Nikkei report also drew attention, according to which Sony and Taiwanese contract chipmaker TSMC want to invest around 1 trillion yen ($6.32 billion) in the joint production of microchips for image sensors. Among the losers was battery materials maker Mitsui Kinzoku, whose shares plummeted 17 percent after disappointing figures. Bucking the regional trend, Chinese benchmark stocks fell 0.4 percent, as weaker-than-expected inflation data underscored the persistent slump in domestic demand. The gains in Asia were also capped by geopolitical tensions in the Middle East. Uncertainty over a possible reopening of the Strait of Hormuz curbed risk appetite, as Iran demanded further concessions from the US for an agreement. In Japan, the central bank also made headlines: warnings from monetary authorities about rising inflation risks fueled speculation of a faster interest rate turn in September.",
  "summary": "Asian investors are continuing the trend from Wall Street on Friday. Hopes of a sustained interest rate pause in the US are buoying investors.",
  "key_points": [
    "Asian stock markets surge as US Fed tightens expectations fade",
    "Nikkei index in Japan surges 2% to 66,928 points",
    "TSMC attracts investment for microchip production in Japan"
  ],
  "editors_take": "Easing US monetary policy expectations, driven by weak labor market data, lifted Asian stock markets, particularly tech and AI-related stocks in Tokyo, while also weighing on Chinese and Japanese sectors.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Handelsblatt",
        "title": "Markets Asia: Asian stock markets on the upswing - lower US interest rate concerns drive up tech stocks",
        "url": "https://urgent.news/2026/08/10/markte-asien-asiens-borsen-im-aufwind-geringere-us-zinssorgen-treiben",
        "published": "2026-08-10T04:01:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}