Tokyo Nikkei Share Average Opens Down 1.18% at 9,069.95

investingLive Asia-Pacific news wrap: Trump rejects Iran proposal ‘TOTALLY UNACCEPTABLE’ Financial market news for Asian trading on Monday, May 11, 2026

China car sales fall for seventh month as EV exports surge on Iran fuel shock The Iran war is simultaneously killing Chinese car sales at home and turbocharging EV exports abroad.

Bucks owner Wes Edens faced a $1B sextortion plot. No market impact yet, but risk looms.

Dell stock jumps 14% after Trump's 'buy' call, following $6.25B family investment.

TSMC's Q1 revenue up 41%, margins expand on AI demand. AMZN AWS & AI surge. LMND IFP up 32%, eyes profit.

AI fuels job cuts, tech unemployment hits 3.8%. Layoffs surge 38% MoM, but YTD down 50%.

China's April PPI jumped 2.8% year-on-year, a 45-month high and well above forecasts, while CPI rose 1.2%, as Iran war energy costs end a 41-month deflationary streak.