Breaking News: Asia
China’s factory activity expands for the first time since April, official survey shows
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s official purchasing managers’ index for October came in at 50.1, in expansionary territory for the first time since April, according to National Bureau of Statistics data released Thursday. The data beat expectations […]
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Asia markets mostly slip ahead of Bank of Japan decision, China factory activity figures
Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank’s headquarters in Tokyo, Japan Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Thursday as investors look to the Bank of Japan’s rate decision, as well as key business activity figures from China. Economists polled by Reuters […]
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Standard Chartered lifts income guidance again after beating third-quarter profit forecasts
Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Standard Chartered on Wednesday upgraded its 2024 income guidance as it posted profits in the third quarter that beat expectations, driven by record performance in its wealth management division. Here are Standard Chartered’s results compared with LSEG SmartEstimate, which is weighted […]
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Asia-Pacific markets set for mixed open; Australia inflation data in focus
The Australian flag is in front of Christiansborg Palace in Copenhagen, Denmark, on January 14, 2024. Kristof Z. Markovics | Nurphoto | Getty Images Asia-Pacific markets were set for a mixed open Wednesday after key Wall Street benchmarks rose, with the Nasdaq Composite closing at a new record high as tech stocks gained. Traders in […]
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HSBC announces $3 billion share buyback as third-quarter earnings beat expectations
HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Boosted by strong revenue growth, Europe’s largest lender HSBC on Tuesday reported third-quarter earnings that beat analysts’ expectations as it embarks on a major restructuring that will […]
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Japan’s Nikkei 225 climbs, yen drops as political uncertainty after elections clouds rate-hike path
TOPSHOT – Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst […]
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Asia-Pacific markets set for lower open ahead of Japan elections; Tokyo inflation slows
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets were set to mostly fall Friday, with investors awaiting Japan’s general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The […]
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Asia markets tumble after Wall Street extends declines; South Korea avoids technical recession
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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Tokyo Metro shares gain almost 45% on debut after Japan’s largest IPO in six years
A walkway with sign of subway line in a Tokyo subway station. Bruce Yuanyue Bi | The Image Bank | Getty Images Shares of Japanese subway operator Tokyo Metro rose almost 45% Wednesday after a stellar IPO. The company had raised 348.6 billion yen ($2.3 billion) in the largest initial public offering in Japan in […]
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Asia stocks mostly rise after Wall Street rally stalls; Tokyo Metro market debut in focus
Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Hitoshi Yamada | NurPhoto | Getty Images Asia-Pacific markets mostly rose Tuesday, with investors awaiting the trading debut of Japan’s subway operator, Tokyo Metro. The company, one of Japan’s leading subway operators and the largest […]
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