World
CNBC Daily Open: Everyone’s waiting for Nvidia
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | 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, […]
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Apple eyes bigger slice of India’s streaming market with Airtel deal
The Airtel logo is seen displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images Apple‘s tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video streaming services for free, potentially giving the U.S. firm access to thousands of consumers in a price-sensitive market. The move comes as competition tightens in India’s $28-billion entertainment market and […]
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China’s Nongfu Spring sees shares fall over 12% after beverages maker posts decline in profit growth
Nongfu Spring’s bottled water in a supermarket in Hangzhou, China. Costfoto | Barcroft Media | Getty Images Shares of China’s largest bottled water producer Nongfu Spring slumped on Wednesday, a day after the company reported a sharp slowdown in profit growth in the first half of the year. Shares of Nongfu Spring listed in Hong […]
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JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng
JD.com set up an Innovative Retail division that houses its grocery business 7Fresh. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index after the firm announced a $5 billion buyback late Tuesday. U.S. listed shares of the firm […]
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Bank of Japan to begin initial research to include wage trends in ‘tankan’ business survey
Pedestrians walk past the northern entrance to the Bank of Japan (BOJ) headquarters in Tokyo, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images The Bank of Japan (BOJ) said on Tuesday it would start preliminary research on including wage-related items in its quarterly “tankan” business survey to more accurately reflect wage trends in the country’s monetary policy. The central bank plans […]
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China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
The China Evergrande New Energy Vehicle Group factory in Shanghai on Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images The electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday it expected to report a bigger loss for the first half of 2024, reflecting an increase in provision for impairments. China […]
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Asia-Pacific markets set for lower open ahead of Australia’s inflation numbers
The Melbourne skyline is reflected in the Maribyrnong River in the early morning light on April 18, 2023. William West | AFP | Getty Images Asia-Pacific markets were set to open lower on Wednesday, ahead of Australia’s July inflation numbers. Minutes from the Reserve Bank of Australia’s last meeting revealed that the central bank had […]
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Analysts like these stocks which are cheaper and expected to enjoy earnings growth
Though stocks have rebounded after the recent volatility, investors may want to hunt for names that are still relatively cheap. Markets around the world experienced much volatility recently. Earlier this month, Japan’s stock market posted its worst drop since Wall Street’s “Black Monday” in 1987, and the contagion spread to other Asia-Pacific markets, which posted […]
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Want to make good investments? Avoid these 3 common mistakes, Morningstar portfolio manager says
Making good investments is key for those looking to accumulate wealth, but it’s not always easy —especially given the ongoing macroeconomic uncertainty and fears of a looming recession . From following fads with blind faith to trying to forecast market moves, Nicolo Bragazza, an associate portfolio manager at Morningstar Investment Management, names three investing mistakes […]
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Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on August 23, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were flat Tuesday night as investors waited in anticipation for chipmaker Nvidia’s quarterly earnings announcement Wednesday after the bell. Futures tied to the Dow […]
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