Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Here’s how Asian nations have reacted to WHO emergency declaration

Here’s how Asian nations have reacted to WHO emergency declaration

The World Health Organization declared the spread of mpox  a global health emergency last week.  Tumeggy/science Photo Library | Science Photo Library | Getty Images Countries in Asia are closely monitoring for mpox cases after the World Health Organization recently declared an escalating outbreak in Africa as a global public health emergency. Mpox, formerly known … Read more

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

In major policy shift, Singapore announces unemployment support scheme

In major policy shift, Singapore announces unemployment support scheme

Singapore’s new Prime Minister Lawrence Wong makes a speech after being sworn in at the Istana in Singapore on May 15, 2024.  Edgar Su | Afp | Getty Images SINGAPORE — The Lion City is set to launch an unemployment support scheme for workers who have been laid off or are involuntarily unemployed. The country’s … Read more

Japan machinery orders, central bank decisions

Japan machinery orders, central bank decisions

Finished utility hole covers and frames stored for shipment at the Ito Tekko Co. foundry in Kawaguchi, Saitama Prefecture,  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell on Monday after a week that saw a broad rally in stocks. Traders in Asia will watch out for central bank releases this week, including the … Read more

CNBC Daily Open: Wall Street ‘dress rehearsal’

CNBC Daily Open: Wall Street ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Where to stay and how to spend your money in Singapore

Where to stay and how to spend your money in Singapore

For many, Singapore — the city that inspired “Crazy Rich Asians” — is synonymous with luxury, with everything from top-tier accommodations to high-end shopping and restaurants. For the ultimate stay, Marina Bay Sands has an exclusive, invitation-only Chairman Suite, while Capella Singapore on Sentosa Island is a tranquil escape, known for hosting high-level international meetings. … Read more

China’s central bank says local government debt risks are declining

China’s central bank says local government debt risks are declining

Pan Gongsheng, governor of the People’s Bank of China (PBOC), during the Lujiazui Forum in Shanghai, China, on Wednesday, June 19, 2024.  Bloomberg | Bloomberg | Getty Images BEIJING — China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said in state media interviews published late Thursday. … Read more

Wall Street rally; South Korea, Singapore trade data

Wall Street rally; South Korea, Singapore trade data

Buildings in the central business district in Singapore, on Wednesday, Feb. 14, 2024. Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed.  Nicky Loh | Bloomberg | Getty Images Asia-Pacific markets were set to round off the week higher, tracking gains on … Read more

China reports slight beat in July retail sales, but industrial data disappoint

China reports slight beat in July retail sales, but industrial data disappoint

Pictured here are cars ready for export at the Haitong Automobile Terminal depot in Taicang Port, Suzhou, Jiangsu province of China on Aug. 10, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s retail sales grew more than expected in July, while industrial production missed forecasts, the National Bureau of Statistics said Thursday. Retail … Read more