Australia
Singapore’s F1 race boosts tourism to the island — and other parts of Asia-Pacific
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by […]
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CNBC’s UK Exchange newsletter: AstraZeneca gets a shot on Wall Street
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — […]
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Asia-Pacific markets set to open higher; Reserve Bank of Australia decision in spotlight
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets were set to open higher Tuesday with focus on the Reserve Bank of Australia’s interest rate decision later in the day. The RBA is expected to hold […]
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Asia markets trade mixed; Australia central bank starts two-day policy meeting
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to […]
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Asia markets track Wall Street declines after U.S. Fed chair suggests stocks are overvalued
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines after U.S. Federal Reserve Chair Jerome Powell said that “equity prices are fairly highly valued.” Powell also signaled that the rate-cutting path wasn’t clear and that the central bank faces a “challenging situation.” Australia’s […]
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Asia-Pacific markets set to open higher, tracking Wall Street gains on tech stocks rally
Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Asia-Pacific markets were set to open higher Tuesday, tracking Wall Street gains on tech stocks’ rally. Australia’s ASX/S&P 200 was poised to open higher, with its futures contract trading at 8,867, against the index’s last close of 8,810.9. […]
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Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.57% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record […]
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Where Asians want to travel in Asia in 2025
Bali. Bangkok. The Maldives. These destinations often top “bucket lists” for global travelers, but travelers from Asia-Pacific are planning trips to other destinations in the region, search data from Booking.com this year showed. The data, which analyzes searches from Jan. 1 to June 30, showed travel interest in Asia-Pacific varies by country. However, one country […]
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These are the 10 most and least affordable countries in the world in 2025, according to expats
As rising living costs and global economic uncertainty continue to strain many financially, some expats have found that moving overseas can be easier on their wallet. For the fifth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 46 destinations when it comes to personal finances, according to the 2025 […]
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Lynas flags uncertainty over Texas rare earths plant, posts profit slump
Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas. Bloomberg | Bloomberg | Getty Images Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also reported a steeper-than-expected drop in its annual profit on Thursday. Lynas, the world’s largest rare-earths producer outside China, said it is in negotiations with the U.S. […]
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