Yen hits near 38-year low overnight

Yen hits near 38-year low overnight

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Thursday, as the Japanese yen weakened to a near 38-year low late Wednesday, hitting 160.82 against the U.S. dollar, according to … Read more

Nasdaq worst day, Nvidia sell-off

Nasdaq worst day, Nvidia sell-off

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed higher on Tuesday, even as U.S. Big Tech stocks sold off in favor of other sectors such as banking … Read more

Asia stock markets: Australia CPI, Tokyo CPI

Asia stock markets: Australia CPI, Tokyo CPI

A cafe at the Royal Arcade, Bourke Street Mall, in Melbourne, Australia. Education Images | Universal Images Group | Getty Images Asia-Pacific markets fell on Monday, ahead of inflation data from Australia and Japan later this week. Special attention will be paid to Australia’s May consumer price index figures on Wednesday, after Reserve Bank of … Read more

China keeps LPR steady, New Zealand exits recession

China keeps LPR steady, New Zealand exits recession

Workers at the construction site of resettlement housing in Huai ‘an city, Jiangsu province, China, June 17, 2024.  Cfoto | Future Publishing | Getty Images Asia-Pacific markets were mostly lower on Thursday as China kept its one- and five-year loan prime rates unchanged. The one-year loan prime rate serves as a benchmark for most corporate … Read more

S&P 500 record, Japan trade, Tankan

S&P 500 record, Japan trade, Tankan

Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly rose after key U.S. benchmark indexes hit fresh highs overnight as artificial intelligence chip firm Nvidia overtook Microsoft as the most valuable public company. Shares of the chipmaker jumped 3.5% overnight on … Read more

RBA decision, S&P record high

RBA decision, S&P record high

A pedestrian and jogger pass the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. David Gray | Bloomberg | Getty Images Asia-Pacific markets were set to open higher on Tuesday, ahead of the Reserve Bank of Australia’s rate decision and … Read more

PBOC MLF, China retail sales, unemployment

PBOC MLF, China retail sales, unemployment

A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images Asia-Pacific markets are all lower on Monday as the region looks to key economic data out from China. The world’s second-largest economy will release May numbers for its retail sales, … Read more

BOJ rate decision, JGB purchases

BOJ rate decision, JGB purchases

The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan’s rate decision. Economists polled by Reuters expect the BOJ will maintain its benchmark interest rate at … Read more

Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric vehicle makers mostly surged on Thursday morning after the European Union announced higher tariffs of up … Read more

Singapore wants to revive the SGX. South Korea, Japan may have answers

Singapore wants to revive the SGX. South Korea, Japan may have answers

Auditorium of the Singapore Exchange (SGX). Roslan Rahman | AFP | Getty Images For years, Singapore’s regulators have been trying to boost the attractiveness of its stock exchange. The city-state’s economy may be larger than Hong Kong’s, but the total value of listed companies on the Singapore Exchange is about 7 times smaller. The total … Read more