LIVE Powell holds a press conference after the Fed's rate decision. Watch here. HKSE - Delayed Quote • HKD HANG SENG INDEX (^HSI) Follow 22,691.88 +29.17 +(0.13%) At close: 4:08:48 PM GMT+8 All News Trade, Central Bank Outlooks Lift Asian Stock Markets Asian stock markets edged higher Wednesday, on reports that Beijing and Washington trade talks will Wall Street mixed as Federal Reserve holds interest rates A sharp 7% drop in Alphabet shares weighed on the Nasdaq, while a 10% pop in Disney stock powered the Dow higher. China Consumer Spending Report Lifts Asian Stock Markets Asian stock markets were mixed and higher on Tuesday, as traders weighed economic reports from mainl S&P 500 posts longest winning streak in 20 years as Trump and China show some willingness to bend on trade US stocks rose Friday and the S&P 500 notched its longest winning streak since 2004 as China signaled openness to trade talks and investors digested a better-than-expected jobs report. FTSE surges to longest winning streak on record The FTSE 100 has capped off its longest winning streak on record as investors cheered the prospect of potential trade talks between the US and China. Trade Hopes Elevate Asian Stock Markets Asian stock markets rose Friday amid hints of potential positive trade talks from officials in Beiji Global stocks rise as big tech results spark rally and US ‘reaches out’ to China for tariff talks US president Donald Trump hailed a 'good chance' of a deal between the two countries on Wednesday. US risks recession as economy shrinks in tariff war The US risks being thrown into recession by Donald Trump’s trade war as official figures showed the economy shrank during the first three months of the year. Tariff Outlook, Earnings Churn Asian Stock Markets Asian stock markets were mixed on the upside Wednesday after the Trump Administration softened tarif S&P 500, Dow reverse to end higher despite GDP decline, crude prices sink U.S. stocks pulled a late-session rebound on Wednesday and oil prices logged their biggest monthly drop in 3-1/2 years as investors parsed news of the first U.S. economic contraction since 2022. All three major U.S. stock indexes recovered from a sharp selloff earlier in the day, with the S&P 500 and the Dow flipping positive just minutes ahead of the closing bell. The tech-laden Nasdaq ended modestly lower. Easing Trade Tensions, Earnings Nudge Asian Stock Markets Higher Asian stock markets were mostly higher Tuesday as trade jitters eased and investors noted earnings s Stocks search for direction as Trump signals tariff relief for carmakers Earnings season comes at a time when companies still face the unknown in terms of import and export taxes for the US. Trade Outlooks, Earnings Roil Asian Stock Markets Asian stock markets churned on Monday as traders awaited clarity on international trade issues and w China's Ant Group enters brokerage business with $362 million Bright Smart buy Ant Group, an affiliate of China's e-commerce giant Alibaba Group, is buying a $362 million controlling stake in Bright Smart Securities & Commodities Group, marking its first acquisition of a securities brokerage licence. Ant agreed to buy a 50.55% stake in Bright Smart for HK$2.81 billion ($362.26 million), the companies said in a joint statement on Friday. Bright Smart chairman Yip Mow Lum is selling 857.98 million shares at HK$3.28 each to Ant Group's Wealthiness and Prosperity Holding, which will be required to make an unconditional mandatory cash offer for all the issued shares. Wall Street Cues, Fed, Trade Views Lift Asian Stock Markets Asian stock markets tracked higher Friday on Beijing-Washington trade outlook and on possible easing Global stocks rise as China mulls US tariff exemptions and Fed officials hint at summer rate cuts China is considering some exemptions to its 125% tariffs on US goods. White House hints at Trump’s first trade deal The White House has hinted that its first trade deal could be with South Korea, saying that the talks are progressing faster than it expected. Trade Concerns Roil Asian Stock Markets Asian stock markets churned Thursday, as traders digested evolving media reports on trade tensions. Wall Street and FTSE push higher as traders hope for US-China trade deal Band of England governor Andrew Bailey said the UK’s open economy was vulnerable to a global trade war. Freshened Trade, Fed Outlooks Buoy Asian Stock Markets Asian stock markets rallied on Wednesday after US officials overnight pledged to lessen trade tensio