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Asia-Pacific markets are set to open lower as investors await a slew of China data
Night view of the Lujiazui financial district in downtown Shanghai. Yongyuan Dai | E+ | Getty Images Asia-Pacific markets were set to open lower Friday as investors brace for a slate of economic data from China. Australia’s S&P/ASX 200 traded flat at the open. Japan’s Nikkei 225 futures pointed to a lower open for the […]
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Asia markets open mixed, tracking Wall Street moves that saw investors rotate out of tech
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw […]
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Trump’s plan for mass deportation could have a big effect on prices
The U.S. saw inflation cool in 2024, but economists warn that President-elect Donald Trump’s plan for the mass deportation of undocumented immigrants could greatly affect prices. “Certainly the economic impacts are going to be felt,” said David J. Bier, the director of immigration studies at the Cato Institute. “There’s going to be supply chain issues. […]
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Australia market opens lower as investors in Asia await China manufacturing data
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images Australia market opened lower on the last trading day of the year, while investors in Asia awaited manufacturing data from China. Australia’s S&P/ASX 200 traded 0.56% lower on a shortened trading day. Japan and South Korea’s […]
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Treasury yields dip as final trading week of 2024 kicks off
U.S. Treasury yields slipped on Monday in one of the final trading days of the year got underway. The yield on the 10-year Treasury was down by about 7 basis points at 4.547%, trading just below multimonth highs recorded last week. The 2-year Treasury yield was last trading at 4.254% after dipping by about 7 […]
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Asia-Pacific stocks set to open higher; several markets closed for Boxing Day holiday
People standing outside astore at Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open higher Thursday, with several markets remaining closed for Boxing Day. Japan’s Nikkei 225 futures pointed to a stronger open for the market, with the futures contract […]
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Starbucks baristas strike in three U.S. cities during pre-Christmas rush
Starbucks Workers United union members and supporters on a picket line outside a Starbucks coffee shop in New York, US, on Thursday, Nov. 16, 2023. Victor J. Blue | Bloomberg | Getty Images Starbucks baristas in some locations are planning to strike through Christmas Eve, starting with cafes in Los Angeles, Chicago and Seattle on […]
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How United is trying to overtake Delta as the world’s most profitable airline
United Airlines is the best-performing U.S. airline stock this year. It wants to be the most profitable carrier, too. United shares are up more than 80% since Jan. 1, more than double the gains of Delta Air Lines, the country’s most profitable airline. United has been flying for nearly a century and is the world’s […]
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