Tokyo’s benchmark index was one of the few across Asia trading on May Day, posting gains off the back of a weak yen
 
							Asian investors were in upbeat mood at the end of the week, lifted by positive reports from Meta, Microsoft and Google
 
							US lender First Republic Bank’s struggles continued to unsettle investors already fearing an economic downturn
 
							The First Republic Bank’s woes troubled investors while positive news from Google and Microsoft boosted sentiment in tech-heavy Hong Kong
 
							Japan’s Nikkei reached its highest point since last August while mainland China stocks slumped for a fifth straight session
 
							Traders across the region kept their powder dry with a deluge of earnings reports dropping this week and some key economic figures too
 
							Investors were preoccupied with the prospects of the world’s leading two economies as well as concerns over the AI bubble bursting soon
 
							Japan’s Nikkei and Hong Kong’s Hang Seng were on the front foot thanks to tech optimism but elsewhere China’s uneven recovery concerned investors
 
							Japan’s Nikkei ended an eight-day rally as its tech stocks suffered while Hong Kong’s Hang Seng also retreated despite hopeful signs for its technology firms
 
							China reported higher-than-expected quarterly growth but that boost was offset by a slower-than-hoped output upturn and a property investment drop
 
							China's March home price data and signs of a corporate earnings bounceback boosted the mood on Asia’s trading floors
 
							Japan’s Nikkei and Hong Kong’s Hang Seng both rallied with investors buoyed by hopeful signals from the US and China