Asian shares slip as investors look past upbeat tech earnings


TOKYO: Asian shares headed lower on Friday as profit-taking in Taiwanese chip giant TSMC, despite record profits, weighed on other tech firms and broader risk sentiment, while a more dovish U.S. rates outlook kept bond yields near multi-month lows.

The lead for Europe was mixed with futures for Eurostoxx 50 and Spain's IBEX barely changed, Germany's Dax futures up 0.1%, while those for London's FTSE rose 0.3%.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Nikkei , MSCI , bonds , S&P 500

   

Next In Business News

FBM KLCI steps back 0.22%, VSTECS hits record
Asian FX muted on firm dollar, stocks fall; Malaysia holds rate
Oil rises on US crude storage draw, China imports show year-on-year gain
Over 400 units of Sunway Velocity 3 Homes Sold on Opening Weekend
Bank Negara holds OPR firm at 3%
Country Garden says it aims to pay onshore coupons due Thursday by May 13
China's exports and imports return to growth, signalling demand recovery
Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices
Oil rises on US crude storage draw, China imports show year-on-year gain
FBM KLCI retreats to 1,600

Others Also Read