Asia Economy
Asia-Pacific markets open mixed on the back of Fed chair’s rate cut comments
China’s biggest policy meeting in six years kicks will kick off this week. Wang Yukun | Moment | Getty Images Asia-Pacific markets open mixed on Tuesday as traders in Asia react to Federal Reserve Chair Jerome Powell’s comments that the central bank will not wait until inflation hits 2% to cut interest rates. Powell indicated that […]
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Asia markets mostly slip as investors assess assassination attempt on Trump, await China Third Plenum
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific markets mostly fell on Monday as investors awaited China’s Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend. David Roche, president of […]
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China’s beer market, the world’s largest, set for bounce as drinkers go high-end
Tourists takinf part in a beer carnival in Qingdao, Shandong province, China, July 1, 2023. Nurphoto | Nurphoto | Getty Images China, the world’s largest producer and consumer of beer, is expected to see a consumption recovery in the second half of this year, favoring premium offerings, on the back of sporting events. CGS International […]
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Institutions snapping up Chinese treasury bonds are shorting the overall economy, point out media claims
A staff members member counts Chinese Yuan at a bank’s personalized finance business company area in Haian, East China’s Jiangsu province, Sept 15, 2023. CFOTO | Long run Publishing | Getty Photographs Monetary establishments snapping up Chinese governing administration bonds are fundamentally shorting the Chinese economic system, China’s central bank-backed Economic News claimed on Saturday, […]
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Japan information implies feasible yen intervention of around $22 billion
A gentleman walks previous an electronic board demonstrating the amount of the Japanese yen vs . the US greenback along a avenue in Tokyo on February 14, 2024. Kazuhiro Nogi | Afp | Getty Illustrations or photos A refreshing current market projection by the Bank of Japan on Friday hints at a feasible intervention of […]
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CNBC Day by day Open: S&P retreats, yen surges, Tesla sinks
Traders do the job on the floor of the New York Stock Exchange. NYSE This report is from present day CNBC Every day Open up, our intercontinental markets e-newsletter. CNBC Every day Open up brings investors up to velocity on almost everything they will need to know, no matter in which they are. Like what […]
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CNBC Daily Open: S&P retreats, yen surges, Tesla sinks
Traders work on the floor at the New York Stock Exchange on Oct. 27, 2023. Brendan Mcdermid | Reuters 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 what you see? You […]
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JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers
NEW YORK, NEW YORK – MAY 26: The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City. Michael M. Santiago | Getty Images Data centers have been widely talked about and Malaysia is emerging as an attractive investment opportunity offering different sectors and ideas to play, according […]
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Japan is worried about another ‘transactional’ Trump presidency, Tokyo-based expert says
Prime Minister of Japan Shinz Abe, and U.S. President Donald Trump hold a joint press conference in the Rose Garden at the White House in Washington, D.C., on Thursday, June 7, 2018. Cheriss May | NurPhoto | Getty Images Pesek said that the Japanese government had been “pretty certain that Biden had this well in […]
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CNBC Daily Open: A true bull market — it’s not Wall Street
Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City. Michael M. Santiago | 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 […]
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