Economic events
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 […]
Read More
CNBC’s Inside India newsletter: A poorly timed IPO?
MUMBAI, MAHARASHTRA, INDIA – 2024/10/21: Hyundai logo is seen on the Hyundai car showroom in Mumbai. Hyundai Initial Public Offer (IPO) will be listed on the stock exchange on 22nd October 2024. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images This report is from this week’s CNBC’s “Inside […]
Read More
Britain announces major change to fiscal rules to free up billions in spending
Britain’s Finance Minister Rachel Reeves has pledged to make the “necessary”, “urgent” and “incredibly tough” choices to restore the country’s economic stability. Pool | Getty Images News | Getty Images U.K. Finance Minister Rachel Reeves on Thursday confirmed she intends to change the country’s fiscal rules in the October budget, a move designed to free […]
Read More
Another European Central Bank member says a jumbo cut is on the table
Mārtiņš Kazāks, governor of the Bank of Latvia and a member of the European Central Bank’s Governing Council, on Thursday weighed in on the possibility of a jumbo half-point interest rate cut for December. When asked for his views on a 50-basis rate cut by the ECB at its next meeting, he said that “everything […]
Read More
CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
Read More
South Korea’s economy barely grows in third quarter, missing expectations
Shoppers at the shopping street in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Woohae Cho | Bloomberg | Getty Images South Korea’s economy barely grew in the third quarter, missing market expectations, as consumer spending rebounded but exports fell. In the July-September quarter, gross domestic product expanded 0.1% from a quarter earlier on a […]
Read More
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 […]
Read More
CNBC Daily Open: The S&P could continue its ascent despite pausing
Hikers on layered sandstone rock formations in the Fire Wave area of Valley of Fire State Park near Overton, Nevada. Ron Buskirk | Universal Images Group | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
Read More
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 […]
Read More
IMF says global fight against inflation is ‘almost won’ but warns of rising risks
Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces rising geopolitical risks and weaker long-term growth prospects, according to the International Monetary Fund. Global headline inflation will fall to 3.5% on an annual basis by the end of 2025, from an average 5.8% in […]
Read More