• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Asia markets tumble as Japan bond yields hit highest levels since 2008

by March 7, 2025
by March 7, 2025

Asian markets faced a broad decline on Friday as Japan’s government bond yields surged to levels last seen during the 2008 financial crisis.

The sell-off mirrored Wall Street’s losses overnight, where investor sentiment weakened despite US President Donald Trump’s tariff concessions.

Concerns over rising input costs and economic uncertainty weighed on equities, while Chinese trade data fell short of expectations, adding to regional market jitters.

Asia-Pacific markets slide amid bond yield surge

Japan’s Nikkei 225 led regional losses, plunging 2%, while the Topix index slid 1.51% as investors reacted to a bond sell-off that pushed Japanese government bond (JGB) yields to their highest levels in over a decade.

The 20-year JGB yield climbed to 2.25%, while the 30-year JGB hit 2.556%, reflecting concerns over rising borrowing costs.

In South Korea, the Kospi dipped 0.44%, with the Kosdaq down 0.43% in volatile trading.

Meanwhile, Australia’s S&P/ASX 200 tumbled 1.71%, tracking the broader risk-off sentiment.

Hong Kong’s Hang Seng index bucked the trend, rising 0.56%, while mainland China’s CSI 300 slipped 0.14%.

The Nifty 50 edged up 0.12% in India, and the BSE Sensex remained flat.

China’s exports miss expectations, adding to economic concerns

China’s export growth slowed sharply at the start of the year, with January-February exports rising just 2.3% in US dollar terms, well below market estimates of 5% growth, according to customs data.

This was the weakest growth since April 2023 and a significant drop from the 10.7% expansion seen in December.

The sluggish export performance reflects ongoing trade tensions with the US, where higher tariffs have dampened demand.

Beijing has attempted to counter weak consumer sentiment by doubling subsidies for its trade-in program, which now includes electronics and home appliances.

JD.com stock slides despite strong Q4 revenue

Shares of Chinese e-commerce giant JD.com fell 5% in Hong Kong on Friday, despite reporting a 13.4% year-on-year increase in fourth-quarter revenue, reaching $47.5 billion.

CEO Sandy Xu highlighted a surge in third-party users and order volumes, which outpaced JD’s retail segment growth.

However, broader concerns over China’s sluggish retail environment and deflationary pressures weighed on investor sentiment.

Despite the dip, JD.com’s stock remains up 26.1% year-to-date in Hong Kong, supported by strong performance in its electronics and home appliances segment, which saw 15.8% annual growth.

Japanese yen volatility prompts intervention warning

Japan’s Finance Minister Katsunobu Kato issued a warning on Friday, stating that authorities would take “appropriate action” if speculative moves continued to drive currency fluctuations.

The Japanese yen traded 0.28% lower at 147.53 per U.S. dollar, after briefly hitting a five-month high earlier in the week.

“We’ve seen one-sided, rapid movements since December,” Kato told reporters, reinforcing the government’s stance on preventing excessive volatility in the foreign exchange market.

Defense stocks in Japan, South Korea rise on NATO tensions

Amid the broader market slump, defense stocks in Japan and South Korea surged, as Donald Trump renewed threats against NATO.

The former US president warned that countries failing to meet their defense spending targets would not be defended by the US, fueling speculation of increased military spending.

South Korea’s Hanwha Aerospace, Korea Aerospace Industries, Poongsan, and Hyundai Rotem saw gains, while Japan’s Mitsubishi Heavy Industries, Hosoya Pyro-Engineering, and Kawasaki Heavy Industries also rose.

Global markets react to Wall Street losses

Overnight, Wall Street saw sharp declines, with the Nasdaq Composite tumbling 2.61%, entering correction territory after falling more than 10% from its recent high.

The S&P 500 slid 1.78%, while the Dow Jones Industrial Average lost 0.99%.

The losses came as investors reacted to the Federal Reserve’s Beige Book report, which signaled concerns about rising input costs and economic uncertainty, exacerbated by Trump’s trade policies.

The post Asia markets tumble as Japan bond yields hit highest levels since 2008 appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Crypto market slides despite Trump’s Bitcoin reserve announcement
next post
FTSE MIB index analysis: here’s why Italian stocks are surging

Related Posts

Analysis: Crude prices under pressure as 2026 outlook...

October 6, 2025

Tata Capital eyes $15.7 billion valuation in India’s...

October 6, 2025

India may settle $22.5bn Vodafone dispute to cement...

October 6, 2025

Here’s why the Rolls-Royce share price is up...

October 6, 2025

Ardian buys Ireland’s Energia Group in €2.5bn deal...

October 6, 2025

Europe markets open: Stoxx 600 slips 0.1% as...

October 6, 2025

China Financial Leasing’s $11M plan signals Hong Kong’s...

October 6, 2025

Japanese stocks may extend record run as Takaichi...

October 5, 2025

Former Tesla exec sees continued growth for EVs;...

October 5, 2025

Weekly wrap: A US shutdown; a UK terror...

October 5, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • CommsCloud’s new SIMs make borderless African IoT logistics a reality

    October 6, 2025
  • Housing’s Deep Freeze: Existing Home Sales at 25-Year Lows

    October 6, 2025
  • Nigeria’s Shea Ban Backfires, Crushing Millions of Women Workers

    October 6, 2025
  • Analysis: Crude prices under pressure as 2026 outlook signals surplus

    October 6, 2025
  • Tata Capital eyes $15.7 billion valuation in India’s biggest IPO of 2025

    October 6, 2025
  • India may settle $22.5bn Vodafone dispute to cement UK ties

    October 6, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,791)
  • Editor's Pick (280)
  • Investing (185)
  • Stock (1,904)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Top reasons the Dow Jones is rising,...

May 4, 2025

Wood Group edges closer to Sidara takeover,...

August 26, 2025

Wendy’s shares in green despite lower profit...

August 9, 2025