Japan’s Nikkei 225 has been the top performer this year, among large economy stock indexes in Asia and many believe that stocks in the region have more room to run in 2024. Marco Bottigelli | Moment | Getty Images Asia-Pacific markets were mostly set to decline after the Nasdaq Composite fell nearly 2.8% overnight — posting … Read more
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | 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 … Read more
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
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. Brendan Mcdermid | Reuters Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world. Americans’ preference for the U.S. also extends to investing, where they … 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
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
