Breaking News: Asia
Asia markets open lower after major U.S. indexes slip; India braces for largest-ever IPO
A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
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China cuts benchmark lending rates by 25 basis points
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions. Jiang Qiming | China News Service | Getty Images China on Monday lowered its main benchmark lending rates by 25 basis points at […]
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Asia-Pacific markets poised for mixed open as investors await China loan prime rate announcement
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images Asia-Pacific markets were set to open mixed Monday as traders awaited China’s loan prime rate announcement, while also awaiting Japan’s general election […]
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China’s reports third-quarter GDP growth of 4.6%, slightly beating expectations
China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first half performance of the world’s second-largest economy. Str | Afp | Getty Images China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of […]
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Asia markets mixed as investors assess China economic data, Japan CPI
The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP) WANG ZHAO | AFP | Getty Images Asia-Pacific markets opened mixed Friday, as investors assessed key economic data from China and Japan’s inflation numbers. China’s third-quarter GDP growth rate came in at 4.6% compared to the […]
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China pledges more financial support for ‘whitelist’ real estate projects
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images China vowed more financial support for real estate projects that fall under its so-called whitelist and to speed up banks lending of 4 trillion yuan ($561.8 billion) for such projects, according to the nation’s housing […]
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Asia-Pacific markets open higher as Dow reaches new highs; Japan trade misses
A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020. BEHROUZ MEHRI | Contributor | Getty Images Asia-Pacific markets opened higher on Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average reach a record close amid a strong start to the earnings season. Investors in Asia […]
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Japan’s Nikkei leads declines in Asia-Pacific markets after Wall Street falls
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened lower Wednesday, with Japan’s Nikkei leading losses, following declines on Wall Street. Investors will be watching for more stimulus measures to prop up the real estate sector […]
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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other […]
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Asia-Pacific markets open higher after key Wall Street benchmarks hit record highs
The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond. SeongJoon Cho | Bloomberg | Getty Images Asia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow […]
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