Asian shares are mostly lower after US stocks retreat

Asian and US stocks fall while gold breaches $4,000/oz

The yen is down more than 3% for the week, on track for steepest weekly decline in a year

Asian shares are mostly lower after US stocks retreat, but gold surges higher

Shares were mostly lower in Asia on Wednesday after U.S. stocks sank to their first loss in eight days, losing momentum after the price of gold topped $4,000 per ounce for the first time. The price of gold was up $49 at $4,053.40 an ounce by late afternoon Japan time. U.S. futures were little changed, while oil prices advanced. The Japanese yen fell sharply against the dollar on expectations that Sanae Takaichi, the conservative lawmaker likely …

Asian shares are mostly lower after US stocks retreat

Shares are mostly lower in Asia after Wall Street snapped a long streak of records. The Japanese yen fell against the dollar on expectations that Sanae Takaichi, the conservative lawmaker likely to become the next prime minister, will push to keep interest rates low.

Stocks ease, yen wobbles on political worries

Asian stocks have slipped while the yen is at lowest level since February and political turmoil in France weighs on euro as gold hits a record high.

Stocks ease, yen wobbles on political worries, gold cracks $4,000

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks tracked Wall Street lower on Wednesday as investors grappled with the fallout from political drama in France and Japan, while a prolonged U.S. government shutdown catapulted gold spot prices to a record $4,000 per ounce level. The Japanese yen hovered near eight-month lows as investors awaited fiscal policy cues from prime minister-in-waiting Sanae Takaichi, while the euro was under pressure af…

Asian Stocks Extend Losses, Gold Hits $4,000 Mark: Markets Wrap

(Bloomberg) -- Asian equities fell, led by technology stocks, after Wall Street’s pullback from record highs fueled caution about lofty valuations and AI-related spending.