The New Oxford Circus crossing in London. Loop Images | Universal Images Group | Getty Images LONDON — European stocks closed higher Wednesday as investors in the region assessed key inflation prints from the U.S. and U.K. The regional Stoxx 600 index ended the session up 0.43%, continuing cautiously positive sentiment this week. Travel and … Read more
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global — the … Read more
Analysts are expecting Nintendo to release a successor to its hit Switch console in its fiscal year 2025. Guillaume Payen | Sopa Images | Lightrocket | Getty Images The global video game market is set for sluggish annual growth this year amid weak sales of gaming consoles, according to a new report from market research … Read more
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to continue gaining on Wednesday after producer prices in the U.S. came in lower than expected for July. The producer price index — a measure of wholesale inflation — increased 0.1% last month. … Read more
European stocks closed higher last Friday as investors digested economic data from the region including a preliminary U.K. second-quarter GDP reading, July inflation prints out of France, Spain and Italy, and euro zone industrial production for June. Camilla Cerea | Bloomberg via Getty Images LONDON — European stocks opened higher Tuesday, regaining some positive momentum after last … Read more
Colorful old shophouses in Cross Street, Chinatown. Pictures From History | Universal Images Group | Getty Images Japan’s major indexes gained more than 2% in Tuesday morning trading as they returned from a holiday. The benchmark Nikkei 225 jumped 2.53% higher and breached 36,000 for the first time since Aug. 2. The Topix followed suit, gaining … Read more
The London skyline. Andrea Pucci | Moment Open | Getty Images LONDON — European stocks kicked off the new trading week higher, with U.S. and U.K. inflation data set to dominate focus this week. The pan-European Stoxx 600 index nudged 0.3% higher at Monday’s open as investors hunt for signs that last week’s market rout … Read more
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters Asia-Pacific markets opened higher on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks. Futures for key U.S. indexes were lower as investors awaited key inflation data due … Read more
Traders work on the New York Stock Exchange (NYSE) floor on August 08, 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 where they are. Like … Read more
Tourists visiting the city take boat trips on the canals in Amsterdam, Netherlands on May 25, 2024. Anadolu | Anadolu | Getty Images LONDON — European stocks nudged just above the flatline in late trade Thursday, helped along by a revival in confidence around the U.S. economy. The pan-European Stoxx 600 index closed 0.02% higher … Read more
