Breaking News: Asia
Asia markets open higher after Nasdaq hits record high on tame inflation data; Aussie jobless rate drops
Australia Matteo Colombo | Digitalvision | Getty Images Asia-Pacific opened higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November’s inflation report met expectations. Traders in Asia assessed jobs data from Australia, which showed the country’s unemployment rate dropped to 3.9% in November from 4.1% the month prior. A […]
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Asia-Pacific markets open mostly higher as investors await key policy meeting in China
BEIJING, CHINA – SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened mostly higher Wednesday, breaking ranks with major Wall Street benchmarks that declined ahead of key inflation data […]
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China’s November imports post surprise drop; sharpest decline in 14 months
A foreign trade container ship is leaving the dock at Qingdao Port in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images China’s exports and imports both missed expectations in November, data from the country’s customs authority showed Tuesday, fueling worries over the health of the Chinese economy as consumer demand remains […]
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Asia-Pacific markets set to open higher as investors await Australia rate decision
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty Images Asia-Pacific markets were set to open mostly higher Tuesday, following losses on Wall Street that saw the S&P 500 and Nasdaq Composite pull back from record highs ahead […]
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China vows ‘more proactive’ fiscal stimulus measures, ‘moderately’ looser monetary policy
Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China’s National Day in Beijing, China on September 28, 2023. Jade Gao | Pool | via Reuters China’s leaders on Monday pledged “more proactive” fiscal measures and “moderately” looser monetary policy next year to boost domestic consumption, according […]
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China consumer prices climb less than expected as economy slows amid trade war worries
Customers shopping for vegetables at a supermarket in Nanjing, China. Nurphoto | Nurphoto | Getty Images China’s consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday. Analysts polled by Reuters had expected a slight pickup in consumer prices to 0.5% in […]
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Asia-Pacific markets open mixed as investors assess Japan’s revised GDP, await China inflation data
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets opened mixed Monday as traders assessed revised economic growth data from Japan and awaited China’s November inflation data. Japan’s Nikkei 225 opened 0.5% higher, while the Topix gained 0.4%. Japan’s third-quarter GDP was revised to 0.3% on a quarter-on-quarter […]
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South Korea’s President Yoon survives impeachment motion after ruling party boycotts vote
SEOUL, SOUTH KOREA – NOVEMBER 07: South Korean President Yoon Suk-yeol attends a press conference on state affairs at the presidential office on Nov. 7, 2024. Pool | Getty Images News | Getty Images Beleaguered South Korean President Yoon Suk Yeol on Saturday survived an impeachment motion triggered by his short-lived failed attempt to impose […]
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Asia markets mostly lower as investors assess Japan spending data; India rate decision in focus
A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets open mostly lower Friday after Wall Street saw the Dow Jones Industrial Average drop more than 200 points and S&P 500 retreat from a record high. Traders in Asia assessed household spending data out of Japan. Spending grew 2.9% in […]
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Asia-Pacific markets set to open mixed after key Wall Street benchmarks hit record highs
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
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