Australia stocks drop a lot more than 1% Japan, South Korea marketplaces closed

Australia stocks drop a lot more than 1% Japan, South Korea marketplaces closed


A gentleman seems at an digital board exhibiting inventory details at the Australian Securities Exchange, operated by ASX Ltd. on March 16, 2020 in Sydney, Australia.

Brendon Thorne | Getty Pictures

Australia shares fell far more than 1% on Monday early morning on a quiet day in the region, with a couple major marketplaces closed.

TheĀ S&P/ASX 200 was 1.47% reduced in early trade.

Marketplaces in Japan, South Korea, Taiwan and Malaysia are shut for holidays Monday. Mainland China marketplaces will return to trade just after the Golden 7 days vacation.

Later this 7 days, the Lender of Korea will be keeping its policy-placing meeting, Singapore is established to announce its GDP estimate for the 3rd quarter and China releases inflation info.

Taiwan Semiconductor Manufacturing Business and Japan’s Speedy Retailing will report earnings and the U.S. will launch inflation knowledge for September.

On Friday in the U.S., main inventory indexes dropped additional than 2% after info showed the unemployment charge declined in September, sparking dread that the Federal Reserve would carry on hiking premiums aggressively.



Source

David Tepper sends scathing letter to Whirlpool for destroying shareholder value, pushes for changes
World

David Tepper sends scathing letter to Whirlpool for destroying shareholder value, pushes for changes

David Tepper, Appaloosa Management Peter Foley/Bloomberg | Getty Images David Tepper, billionaire founder of hedge fund Appaloosa Management, sent a strongly worded letter to Whirlpool‘s board, accusing the appliance maker of destroying shareholder value and calling for sweeping changes to its strategy and leadership. Shares of Whirlpool rose nearly 1% after the news. Whirlpool was […]

Read More
2026 CNBC Changemakers: Women leaders who defied the odds to reach the highest levels of success
World

2026 CNBC Changemakers: Women leaders who defied the odds to reach the highest levels of success

The third annual CNBC Changemakers list of women transforming business and philanthropy, which launched on Wednesday, recognizes leaders at the forefront of AI and innovators across traditional fields, from finance to healthcare, retail, entertainment and sports. The 2026 Changemakers range from startup founders to high-profile stars such as Kim Kardashian, who grew Skims to a […]

Read More
These 4 charts show the scale of Novo Nordisk’s woes
World

These 4 charts show the scale of Novo Nordisk’s woes

Novo Nordisk was the first company to make a GLP-1 drug for weight loss and became Europe’s most valuable company. But its troubles are stacking up and today the stock trades at just a quarter of what it did at its peak less than two years ago. Pricing pressure, fierce competition, and pipeline setbacks have […]

Read More