Global Market Today: Asian stocks edge up amid bond selloff, surging oil and Yen concerns - The Economic Times

• Costco Wholesale reported fourth-quarter financial results on Thursday that exceeded analyst expectations for both earnings and revenue. • The retailer posted adjusted earnings of $6.60 per share and revenue of $95.72 billion, beating the LSEG consensus estimates of $6.53 per share and $94.86 billion.

• US stock markets ended Thursday with mixed results as the Dow Jones Industrial Average fell 162.41 points and the S&P 500 dipped 0.03%. • The yield on 30-year US Treasury bonds climbed to its highest level since 2004 following data showing strong economic growth and inflation.

• The National Stock Exchange (NSE) became the second most valued stock exchange in Asia after its shares closed at Rs 1,818 apiece. • The exchange reached a market capitalization of $46.89 billion, trailing only Hong Kong Exchanges & Clearing Ltd at $63.59 billion.

• NSE shares rose up to 3% following a flat market debut with a 0.80% premium listing. • New India Assurance sold 1.05 crore shares at Rs 1,785 per share, generating approximately Rs 1,874.25 crore.

• Asia-Pacific stock markets showed mixed results on Friday as investors reacted to rising U.S. Treasury yields and Middle East tensions. • Japan's NIKKEI rose 1.16% to 66,276.32, while Hong Kong's HSI fell 1.71% to 24,336.83.

• Shares of the National Stock Exchange of India Ltd climbed nearly 1 per cent during their trading debut on Thursday. • The stock opened higher against its initial issue price of Rs 1,785.

• The Indian stock market crashed on Thursday, with the Sensex and Nifty 50 indices both falling more than 1.6%. • Investors reacted to bond yields, which are the return an investor gets for lending to the government, surging to 19-year highs.

• The European Central Bank Governing Council raised its three key interest rates by 25 basis points during a meeting on September 10, 2026. • Global economic activity remained resilient as growth in India and AI-exporting nations like Malaysia, South Korea, and Taiwan offset weaker performance in China and the United States.

• National Stock Exchange (NSE) shares began trading on the BSE this Thursday. • The stock opened at Rs 1,800 per share, representing a premium of less than 1% over the IPO price of Rs 1,785.

• U.S. Treasury yields surged on Wednesday, pushing the gap between U.S. and emerging Asia bond yields toward record levels. • The 10-year Treasury yield rose 16 basis points to 5.11%, marking its highest level since 2007.

• Trio-Tech reported a 72% increase in revenue to $62.6 million for fiscal year 2026. • The company shifted to a $204,000 operating loss as gross margin dropped from 25.1% to 16.6%.