Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose on Wednesday after the Dow Jones Industrial Average and the S&P 500 closed at record highs overnight as traders become increasingly bullish on interest rate cuts. Japan’s Nikkei 225 rose … Read more
China’s biggest policy meeting in six years kicks will kick off this week. Wang Yukun | Moment | Getty Images Asia-Pacific markets open mixed on Tuesday as traders in Asia react to Federal Reserve Chair Jerome Powell’s comments that the central bank will not wait until inflation hits 2% to cut interest rates. Powell indicated that … Read more
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific markets climbed on Monday as investors awaited China’s Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend. David Roche, president of Quantum … Read more
Traders work 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 know … Read more
Asian equities fell as fresh signs of slowing US inflation bolstered rate cut bets and spurred a rotation out of big tech stocks on Wall Street. The yen was volatile. Japanese shares fell more than 1% after Thursday’s rally in the yen prompted speculation that authorities had stepped in with official support. The currency fluctuated … Read more
Japanese 1,000 yen, 5,000 yen and 10,000 yen banknotes arranged in Kyoto, Japan. Kentaro Takahashi| Bloomberg | Getty Images Asia-Pacific markets were mixed on Friday after inflation readings for June in the U.S. came in at the lowest level in about three years, giving the Federal Reserve room to lower rates. The consumer price index rose … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 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
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty … Read more
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets started Wednesday largely lower, even as key Wall Street benchmarks rose following dovish comments from U.S. Federal Reserve Chairman Jerome Powell overnight. Powell signaled caution over leaving interest rates at too high a … Read more
Sydney Building take from Cremorne Point. Brook Attakorn | Moment | Getty Images Asia-Pacific markets opened mixed on Tuesday, after the S&P 500 and the Nasdaq Composite closed at record highs overnight. Japan’s Nikkei 225 rose 1.11%, while the Topix rose 0.38%. South Korea’s Kospi inched up 0.06% as shares of heavyweight Samsung Electronics gained … Read more
