HONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before.
U.S. futures were mixed and oil prices rose.
Japan’s benchmark Nikkei 225 rose 0.3% to 37,552.16, despite the country’s manufacturing activity contracting for 11 straight months while approaching the break-even point in April.
A purchasing managers survey showed sentiment at 49.9, on a scale of up to 100 where 50 marks the break between expansion and contraction The yen weakened further, hitting a fresh 34-year low of 154.85 early Tuesday.
The Hang Seng in Hong Kong added 1.6% to 16,771.17 while the Shanghai Composite index slipped 0.8% to 3,019.64.
Australia’s S&P/ASX 200 climbed 0.4% to 7,683.50. South Korea’s Kospi dropped 0.2% to 2,624.73.
On Monday, the S&P 500 gained 0.5% to 5,010.60 to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7% to 38,239.98, and the Nasdaq composite jumped 1.1% to 15,451.31.
North Korean leader Kim leads rocket drills that simulate a nuclear counterattack against enemies
Chinese dissident artist Ai Weiwei protests possible extradition of Julian Assange in London
TikTok: Federal judge postpones Donald Trump's ban on popular app
Vaccine maker becomes China's richest man after wealth increases fifty
Russia convicts the spokesperson for Facebook owner Meta in a swift trial in absentia
Government continues funding free period products in schools
Government to spend more money on silt clean
Ministry of Ethnic Communities, set up to 'heal wounds' of 15 March, faces job cuts
Matthews scores as Maple Leafs beat Bruins 3
Ai Weiwei mourns Hong Kong freedoms but is 'proud' of Tiananmen middle
The Guess Who and B.T.O. rocker Randy Bachman has prized instruments up for auction
RSV immunisation for babies: Doctors call for urgent access