Hang Seng Index

CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
World

CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending

Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]

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Asia-Pacific markets set to rise as Wall Street bounces on retail sales data
World

Asia-Pacific markets set to rise as Wall Street bounces on retail sales data

Yukinori Hasumi | Moment | Getty Images Asia-Pacific markets are set to rise on Tuesday, tracking gains on Wall Street, which ticked up after retail sales data appeared to ease recession concerns. Investors will be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting on […]

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Asia-Pacific markets mostly climb; 40-year JGB yield hits record high
World

Asia-Pacific markets mostly climb; 40-year JGB yield hits record high

Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world’s busiest shopping districts. Nikada | E+ | Getty Images Asia-Pacific markets mostly climbed on Monday, with investors keeping a close watch on Chinese equities. Mainland China’s CSI 300 closed 0.24% lower at 3,996.79, while […]

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China announces plan to ‘vigorously boost consumption’ in bid to shore up economy
World

China announces plan to ‘vigorously boost consumption’ in bid to shore up economy

TONGREN, CHINA – MARCH 13, 2025 – Prosecutors explain to consumers how to buy qualified products at a supermarket in Pingxi street of Yuping Dong Autonomous County in Tongren, southwest China’s Guizhou province on March 13, 2025. Cfoto | Future Publishing | Getty Images China announced a “Special Action Plan to Boost Consumption” on Sunday […]

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Chinese stocks up 2.4%, leading gains in Asia, despite fall on Wall Street: Live updates
World

Chinese stocks up 2.4%, leading gains in Asia, despite fall on Wall Street: Live updates

Wangwukong | Stone | Getty Images Asia-Pacific markets mostly rose on Friday despite a plunge in all three benchmarks in the U.S. over the previous session amid concern about President Donald Trump’s tariff plans. Mainland China’s CSI 300 reversed its losses on Thursday to trade 2.4% higher at 11:47 a.m. Singapore time, leading gains in […]

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Asia-Pacific markets slide following selloff in U.S. markets; Nikkei 225 falls 2%
World

Asia-Pacific markets slide following selloff in U.S. markets; Nikkei 225 falls 2%

A man looks at an electronic board displaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets slid on Tuesday, tracking losses in the U.S. following anxiety over tariff policy and a potential recession in the world’s […]

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CNBC Daily Open: The impact of Trump policies will affect Fed’s interest rate moves
World

CNBC Daily Open: The impact of Trump policies will affect Fed’s interest rate moves

Federal Reserve Chair Jerome Powell speaks at the 2025 U.S. Monetary Policy Forum on March 7, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images The U.S. nonfarm payrolls report for February was weaker than expected, but the silver lining is that the number of jobs added for the month […]

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China bond yields jump to three-month highs as investors pare rate cut expectations
World

China bond yields jump to three-month highs as investors pare rate cut expectations

The People’s Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024.  Bloomberg | Getty Images China’s sovereign bond prices fell Monday, pushing yields to their highest levels this year, as investors trimmed holdings on bets that additional fiscal spending will boost growth and push back interest rate cuts. Yields on China’s […]

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Asia-Pacific markets trade mixed after a volatile trading week
World

Asia-Pacific markets trade mixed after a volatile trading week

Stanley Chen Xi, Landscape And Architecture Photographer | Moment | Getty Images Asia-Pacific markets were mixed on Monday after a volatile trading week around the world. U.S. stocks — which are expected to open lower on Monday — have been on a roller-coaster ride since the start of the month given uncertainty surrounding U.S. President […]

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China needs to boost its tech sector more than ever. How to play it
Finance

China needs to boost its tech sector more than ever. How to play it

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