Aug. 20 at 7:31 AM
Asian Pacific stock markets were mostly lower on Tuesday, tracking declines in U.S. markets. Japanese investment firm
$SFTBY snapped its 9-day winning streak after its shares plunged over -5% following its announcement of a
$2 billion investment in
$INTC As part of the deal, SoftBank will pay
$23.00 per share for Intel’s common stock. Investors continue to assess the results of talks between the U.S. President, Ukraine’s President & European leaders in Washington, aimed at stopping Russia’s war in Ukraine. Hong Kong’s
$HSCEI -0.30%, China's
$SSEC -0.02%, after reaching a high of 3,746.67, retreating from the highest level since October 2024, South Korea KOSPI -0.81%, Japan’s
$NIKKEI -0.38%, after reaching a new high of 43,876.42, Taiwan TAIEX -0.53%, at a new high of 24,551.42, Indian Sensex +0.46% & Australia -0.70%.