Traders ongoing to further digest China’s announcement of its rollback on Covid steps.
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Asia-Pacific shares poised to fall as buyers continue on to digest China’s reopening information
World
CNBC Daily Open: Jackson Hole takes on new significance amid Trump’s pressure on the Fed
Jeffrey Schmid, president and chief executive officer of the Federal Reserve Bank of Kansas City, right, during an interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Wednesday, Aug. 20, 2025. David Paul | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will […]
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World
Japan reports hotter-than-expected core inflation for July — but lowest since March as rice prices ease
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food — […]
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World
Household robots are about to get a big price cut — if China’s top ‘robovac’ player has its way
In 2025, Roborock launched a vacuum cleaner with a robotic arm for moving socks and other obstructions out of the way. Cfoto | Future Publishing | Getty Images BEIJING — Household robots for cleaning are about to quickly become an affordable reality. At least that’s what Quan Gang, president of Beijing-based robot vacuum cleaner company […]
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