Economic events

The next U.S. president could inherit a booming economy. That’s a daunting challenge.
Politics

The next U.S. president could inherit a booming economy. That’s a daunting challenge.

Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally at Macomb Community College in Warren, Michigan, U.S., November 1, 2024 (L), and Democratic presidential nominee U.S. Vice President Kamala Harris speaks during a campaign event in Atlanta, Georgia, U.S., October 19, 2024. Reuters A flurry of remarkably good economic news over […]

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Election next week holds big implications for stock market, especially the control of Congress
World

Election next week holds big implications for stock market, especially the control of Congress

A split or united government coming out of a consequential U.S. presidential election next week could hold the key to how stocks perform going forward. The Nov. 5th election is set to remove a critical overhang for markets, which have had trouble pricing in a victory for either former President Donald Trump or Vice President […]

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10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report
World

10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report

The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and striking workers, and was far below what Wall Street was expecting. The 10-year Treasury yield jumped nearly 10 basis points at 4.382%. The 2-year Treasury yield was higher by 5 basis points […]

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ASEAN continues to emerge as a winner of U.S.-China trade tensions, IMF says
World

ASEAN continues to emerge as a winner of U.S.-China trade tensions, IMF says

The Association of Southeast Asian Nations (ASEAN) has continued to emerge as an economic winner of increasing geopolitical tensions between China and the United States, though risks from fragmentation remain, the International Monetary Fund (IMF) says. According to the U.N. agency, the region has long benefited from decades of globalization, building strong trade links with […]

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China’s manufacturing output swings back into expansion in October, private survey finds
World

China’s manufacturing output swings back into expansion in October, private survey finds

Workers assemble at a workshop of an equipment manufacturing enterprise in Yunmenshan Street, Qingzhou city, East China’s Shandong province, Aug. 9, 2023. Costfoto | Nurphoto | Getty Images China’s factory activity swung back into expansion among smaller manufacturers in October, according to a private survey released on Friday. The Caixin/S&P Global manufacturing PMI came in […]

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China new home prices grow slightly faster in Oct, private survey shows
World

China new home prices grow slightly faster in Oct, private survey shows

People look at models of houses at the 2021 Dalian autumn real estate fair at Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China. Liu Debin | Visual China Group | Getty Images Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a […]

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Asia markets set for a mixed open after key Wall Street benchmarks clock worst day in 2 months
World

Asia markets set for a mixed open after key Wall Street benchmarks clock worst day in 2 months

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Friday, after Wall Street benchmarks the Nasdaq Composite and S&P 500 suffered their worst day in nearly two months […]

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Federal Reserve rate cuts could prove to be a boon for Southeast Asian economies
World

Federal Reserve rate cuts could prove to be a boon for Southeast Asian economies

A Thai investor checks an electronic board showing stock prices. Amphol Thongmueangluang | SOPA Images| LightRocket | Getty Images The U.S. Federal Reserve’s decision to cut interest rates in September, with further reductions expected, could prove to be a boon for the emerging economies of Southeast Asia. “We’re very confident and optimistic with the rate […]

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CNBC’s Inside India newsletter: India’s deepening ties with natural gas
World

CNBC’s Inside India newsletter: India’s deepening ties with natural gas

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story India is hungry for energy, and it’s doing something about it. As the country’s […]

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European markets open lower ahead of euro zone inflation data; Societe Generale jumps 8%
World

European markets open lower ahead of euro zone inflation data; Societe Generale jumps 8%

Traders sit in front of trading screens at ETX Capital in central London on January 3, 2017. London’s FTSE 100 reached a historic peak at 7,205.21 points in morning trade, extending a record run seen in the final week of 2016, before easing back from its highs.  Daniel Leal | Afp | Getty Images LONDON […]

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