Correction in yen was overdue and may be ‘healthy’: former ECB head

Correction in yen was overdue and may be ‘healthy’: former ECB head

The recent rapid strengthening of the Japanese yen can be seen as an overdue and healthy correction — and it’s not time to panic about the wider market impact, the former head of the European Central Bank said Tuesday. A combination of Japanese monetary policy turning hawkish, geopolitical tensions in the Middle East and disappointing … Read more

Dow sheds 1,000 points, Japan stocks rebound

Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange. NYSE 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 see? You can subscribe here. What you need to … Read more

India’s ultra rich club is growing, here’s what they’re investing in

India’s ultra rich club is growing, here’s what they’re investing in

Smiling businessman with laptop and credit card in a restaurant in the evening Pixelfit | E+ | Getty Images India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, according to consultancy Knight Frank. Earlier this year, India’s financial center, Mumbai, overtook Beijing to become … Read more

Japan household spending, RBA rate decision

Japan household spending, RBA rate decision

The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024.  Bloomberg | Bloomberg | Getty Images Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific markets were also higher. Japan’s Nikkei 225 — which saw its largest loss in … Read more

CNBC Daily Open: Dow sheds 1,000 points

CNBC Daily Open: Dow sheds 1,000 points

A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024.  Charly Triballeau | 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 … Read more

Monex Group’s Jesper Koll prepared to ‘start buying Japan’

Monex Group’s Jesper Koll prepared to ‘start buying Japan’

Monex Group’s Jesper Koll says he is prepared to “start buying Japan” on the back of fundamentals still being “solid” in the country, even as Japanese markets on Monday experienced a major stock-sell off. Earnings may be revised downwards due to the movement of the Japanese yen, but there have been improvements in corporate governance, … Read more

A global stock rout is deepening with investors fleeing to safe havens

A global stock rout is deepening with investors fleeing to safe havens

A man looks at an electronic boarddisplaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024.  Kazuhiro Nogi | Afp | Getty Images Investors on Monday turned to safe-haven assets as a global stock sell-off deepened, following weaker-than-expected U.S. jobs data at the end of last … Read more

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Nasdaq in correction territory; Berkshire’s cash holdings reach record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Nikkei sell-off, RBA meeting, China PMI, India PMI

Nikkei sell-off, RBA meeting, China PMI, India PMI

Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, Feb. 6, 2024.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets continued Friday’s sell-off as investors awaited key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India. Japan’s markets led losses in the … Read more