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Asian Shares Lower
Aug 7 2026 6:23PM
Selling of computer chipmakers and other stocks linked to the boom in artificial intelligence appeared to taper off a bit as Tokyo's Nikkei 225 lost 0.1% to 65,606.71.

The Kospi in South Korea dropped 0.6% to 6,258.77 and Taiwan's Taiex fell 0.4%.

The Shanghai Composite index gained 1% to 3,940.04 after China reported its exports grew at a slightly slower but still robust pace of about 24% in July on strong demand for electronics and other high-tech products. China's huge trade surplus narrowed last month and imports also slowed.

Hong Kong's Hang Seng picked up 0.5% to 25,668.03.

In Australia, the S&P/ASX 200 slipped less than 0.1%, to 9,263.60.

On Thursday, stocks declined on Wall Street as oil prices rose and more company earnings reports rolled in.

The S&P 500 fell 0.2% and the Dow industrials fell 0.9%. The Nasdaq composite fell 0.1%.

The price of Brent crude rose nearly 4% on Thursday as progress toward reopening the Strait of Hormuz, vital to securing stable oil supplies, remained unclear.