India’s Bajaj Housing Finance sees shares more than double on debut

India’s Bajaj Housing Finance sees shares more than double on debut

A man walks past a Bajaj motorcycle dealer shop, in Mumbai, India, 23 October, 2023.  Niharika Kulkarni | Nurphoto | Getty Images Shares of India’s Bajaj Housing Finance more than doubled Monday on their market debut, reflecting strong demand from investors looking to play the country’s growing real estate sector. The company’s shares, which debuted … Read more

It’s a big week for central bank rate decisions

It’s a big week for central bank rate decisions

Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin Building in Washington, D.C., on June 12, 2024. Kevin Dietsch | Getty Images A flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves … Read more

After the Fed’s first cut, where to next?

After the Fed’s first cut, where to next?

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Sept. 12, 2024.  Stefani Reynold | Bloomberg | 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

Investors assess China economic data, await Fed verdict

Investors assess China economic data, await Fed verdict

Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images Asian markets opened mixed Monday as investors digested the downbeat economic data from China released over the weekend, while several key markets were closed for holidays. Investors also await the Federal Reserve’s policy meeting on Tuesday and Wednesday where the … Read more

India can achieve sustainable growth of up to 8%, RBI chief says

India can achieve sustainable growth of up to 8%, RBI chief says

Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images India can achieve sustainable economic growth of up to 8% over the medium term, according to the country’s central bank governor. His comments come shortly after data showed India’s gross domestic product slowed … Read more

China raising its retirement age may be unpopular but it’s much needed, analysts say

China raising its retirement age may be unpopular but it’s much needed, analysts say

Elderly people are relaxing at a park in Fuyang, China, on January 15, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto/NurPhoto | Nurphoto | Getty Images China’s top legislative body passed an official plan Friday to begin incrementally raising the nation’s statutory retirement age from Jan. 1 of next year and concluding in 2040, according … Read more

Samsung shares fall as Indian strike continues after talk fell through

Samsung shares fall as Indian strike continues after talk fell through

Workers stage a protest to demand higher wages and recognition of their union, at Samsung India’s plant in Sriperumbudur, near Chennai on September 11, 2024.  R.satish Babu | Afp | Getty Images Shares of Samsung Electronics fell as much as 3% on Friday, as workers at its southern Indian plant continued to strike, disrupting production … Read more

Asia stock markets: Australia markets, India inflation

Asia stock markets: Australia markets, India inflation

The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets are set to open higher on Friday, extending gains from Thursday as Wall Street’s tech rally continued. In Asia, … Read more

Asian chip-related stocks rally on renewed AI optimism

Asian chip-related stocks rally on renewed AI optimism

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024.  Annabelle Chih | Bloomberg | Getty Images Asian chipmaking heavyweights extended Wall Street’s rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling’s outlook. The founder of the artificial intelligence … Read more

Asia markets: CPI, Inflation, Nvidia, FOMC

Asia markets: CPI, Inflation, Nvidia, FOMC

A General view showing the Central Business District in Central on May 18, 2023 in Hong Kong, China. Vernon Yuen | Nurphoto | Getty Images Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street after a volatile session spurred by inflation data. Japan’s Nikkei 225 jumped 3% in early trading and the broad-based … Read more