Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting

Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting


BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)

Vcg | Visual China Group | Getty Images

Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes the U.S. presidential election and Federal Reserve’s monetary policy meeting.

Investors will also closely watch China’s parliament that’s scheduled to kick off on Monday. Chinese authorities are expected to announce more details on fiscal support when the meeting concludes on Friday.

China’s October trade data is due on Thursday after downbeat exports and imports growth in September.

Japan’s markets were closed Monday for a holiday.

South Korea’s blue chip Kospi added 0.14% while the small-cap Kosdaq gained 0.2%.

Futures for Hong Kong’s Hang Seng index stood at 20,490, lower than their Friday close of 20,506.43.

Australia’s S&P/ASX 200 started the day up 0.18%.



Source

German defense firm Renk CEO says Iran war could drive ‘increasing demand’ in the Middle East
World

German defense firm Renk CEO says Iran war could drive ‘increasing demand’ in the Middle East

The RENK Group is one of the world’s leading suppliers of highly efficient drive and control technology. They develop systems for using high forces and torques to drive vehicles, ships and machines. Customers come from the defense, energy and industrial sectors. (Photo by CHRISTOF STACHE/AFP via Getty Images) Christof Stache | Afp | Getty Images […]

Read More
Berkshire Hathaway begins repurchasing shares, CEO Greg Abel buys  million in stock
World

Berkshire Hathaway begins repurchasing shares, CEO Greg Abel buys $15 million in stock

Berkshire Hathaway said Thursday it has resumed repurchasing its own shares for the first time since 2024 and separately new CEO Greg Abel purchased $15 million worth of stock himself, an amount equal to his after-tax annual salary. Abel told CNBC he will continue using his full salary amount to purchase Berkshire shares every year. […]

Read More
NATO members feel the heat from the Iran war, but the bar for the bloc to act is high
World

NATO members feel the heat from the Iran war, but the bar for the bloc to act is high

Debris of a NATO air defence system that intercepted a missile launched from Iran is seen in Dortyol, in southern Hatay province, Turkey, March 4, 2026 in this screengrab from video. Ihlas News Agency | Via Reuters This picture shows debris of a NATO air defense system that intercepted a missile from Iran headed to […]

Read More