ASIA NIGHT SESSION | Nikkei, TAIEX Futures Slide After Warsh Hawkish Signal Sinks Wall Street; Korea Dark

According to HKET, Taiwan's SETN and JPX official data, Asian index futures traded lower in the overnight session after Federal Reserve Chair Kevin Warsh struck a hawkish tone at the Jackson Hole symposium, saying inflation had not slowed meaningfully and reaffirming the 2% target. U.S. equities turned red on Friday, with the Dow down 0.02% at 53,559.99, the S&P 500 off 0.25% at 7,711.76 and the Nasdaq down 0.52% at 26,402.42; the Philadelphia Semiconductor Index sank 3.47% to 11,469.66 and Nvidia fell 4.57% to $217.55. Traders lifted odds of a September rate hike, and spot gold dropped about 3%. Nikkei 225 index futures fell in Osaka Exchange night trading, with the near-month September 2026 contract settling at 65,830, down 620 points (about 0.93%), after ranging between 65,660 and 66,850, per JPX official data. The December 2026 contract closed at 65,720, down 590. Hong Kong's Hang Seng Index night futures closed down 42 points at 25,472, while the China Enterprises/H-share proxy edged up 0.4% to 6,210. In U.S. trading, Alibaba's American shares rose about 2.3% versus the Hong Kong close and JD.com added close to 2%, Meituan's ADR gained more than 1% after results, and HSBC's ADR rose about 0.6%; Tencent was soft and BYD's ADR slipped about 2.3% following earnings. Taiwan's TAIEX index futures dropped 457 points, or 0.99%, to 45,900 in the night session, and Taiwan Semiconductor Manufacturing Co. futures fell 21 points, pointing to selling pressure on chip heavyweights at the next cash open. South Korea's KOSPI 200 night-futures read was unavailable, as no Korean market-morning report covered the session with the cash market shut for the weekend.