Asian Shares Mixed As Investors Ponder Fed's Rate Path

Market Performance - Asian stocks exhibited mixed performance, with the Shanghai Composite index increasing by 0.22% to 3,828.58, while Hong Kong's Hang Seng index decreased by 0.76% to 26,344.14 [2] - Japanese stocks rebounded, with the Nikkei average rising by 0.99% to 45,493.66 and the broader Topix index up by 0.49% to 3,163.17 [3] - Seoul stocks reached a new record high, with the Kospi average increasing by 0.68% to 3,468.65, driven by tech shares [3] Company-Specific Developments - BYD Co. shares fell by 2.3% following reports that Warren Buffett's investment firm has sold its entire stake in the company [2] - Samsung Electronics' stock surged by 4.8% after receiving approval from Nvidia Corp. for its high-bandwidth memory chips [4] Economic Indicators - The Reserve Bank of Australia indicated that the economy is in a cyclical "upturn," contributing to a 0.43% rise in the S&P/ASX 200 to 8,810.90 [4] - Oil prices increased amid heightened geopolitical tensions in Europe and the Middle East, while gold prices reached a record high above $3,700 per ounce [5] U.S. Market Insights - U.S. stocks reached new record closing highs, with the Nasdaq Composite climbing by 0.7%, the S&P 500 adding 0.5%, and the Dow gaining 0.4% [6][7] - Positive sentiment around U.S.-China negotiations contributed to the rise, with President Trump describing a call with Xi Jinping as "very productive" [6]