nikkei

Samsung Electronics has appointed Lee Won-jin as the new head of its Visual Display Business, marking the first leadership change in over two years. This move comes as the company faces intensifying competition from Chinese rivals and a decline in TV profits. Samsung is reportedly considering discontinuing TV and home appliance sales in China due to market challenges.

Asian markets showed a mixed performance today. Japan's nikkei 225 reached new record highs, boosted by technology stocks amid the AI boom. However, rising oil prices and geopolitical tensions, particularly concerning Iran, tempered investor sentiment across other regions. Investors are now keenly awaiting key central bank decisions this week.

Game development engines like Unity and Unreal are revolutionizing industries beyond entertainment in Japan. Companies and local governments are leveraging these tools to create digital twins for urban planning, flood simulations, and even retail innovation, showcasing virtual kimonos and cultural performances. This expansion highlights game technology's growing role in infrastructure, disaster management, and commerce.

Samsung Electronics is reportedly considering exiting China's TV and home appliance market, with a potential shift in focus towards the US. This strategic reassessment is driven by intense competition from domestic brands in China and stronger growth prospects in the American market. The company may redirect resources to smartphone and semiconductor sales while continuing manufacturing for export.

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

South Korea's stock market has hit an unprecedented high, surpassing 6,000 trillion won in total valuation. The Kospi index reached a new intraday record, boosted by strong performances from tech giants like Samsung Electronics and SK Hynix.

The sell-off was widespread, extending beyond large-cap stocks to the broader market. The Nifty Smallcap 100 index was down 0.5%, while the Nifty Midcap 100 index fell more than 1%.

Asian markets faltered after touching record highs, weighed down by surging oil prices and lingering US-Iran peace talk uncertainties. Japan's nikkei briefly crossed 60,000 before retreating. Escalating Middle East tensions, including shipping disruptions, fueled oil price spikes, impacting investor sentiment across the region. Despite a Wall Street rally, regional markets succumbed to geopolitical anxieties.

Asian markets navigated a cautious trading session Friday, influenced by ongoing Iran conflict uncertainties and stalled US-Iran talks. While some indices saw modest gains, others dipped, reflecting investor unease. Rising oil prices added to market anxiety, with analysts predicting continued volatility. Attention also turned to currency markets, particularly the Japanese yen, and upcoming central bank policy decisions.

Asian markets showed a mixed performance Tuesday, with Tokyo and Seoul indices climbing on tech strength. Investors are closely watching potential US-Iran peace talks, which are offering some optimism, but geopolitical risks and high oil prices are keeping markets cautious. Developments around the Strait of Hormuz remain a key concern for global oil supply.

Asian stocks rose Thursday, mirroring Wall Street's gains, on hopes of a US-Iran ceasefire extension and the reopening of the Strait of Hormuz. Diplomatic talks are ongoing in Islamabad, with both sides exploring de-escalation, though Iran has warned of further disruptions if a naval blockade isn't lifted.

Technology stocks bore the brunt of the selling. Shares of Infosys, HCLTech, Tech Mahindra and Tata Consultancy Services fell between 2 per cent and 4 per cent after Infosys’ fourth-quarter results failed to meet market expectations.

Stock market today: Sensex and Nifty ended flat in trade on Monday on weak global cues as the closure of Strait of Hormuz led to an increase in oil prices. While opening in red, the market quickly reversed losses to move in green territory.