Hang Seng Index
Asia-Pacific markets rise after key Wall Street indexes gain overnight
Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set. Mike Mackinven | Moment Open | Getty Images Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Japan’s benchmark Nikkei […]
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Japan stocks slump nearly 4% as fresh Trump tariffs due this week keep investors jittery
Japan will start offering digital nomad visas at the end of March, according to The Japan Times. Witthaya Prasongsin | Moment | Getty Images Asia-Pacific markets plunged Monday ahead of U.S. President Donald Trump’s fresh round of tariffs expected later in the week. Japan’s benchmark Nikkei 225 started the day 3.9% lower while the broader Topix […]
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JPMorgan says it’s finally time to buy the Chinese consumer recovery
BEIJING — JPMorgan has called the bottom in the Chinese consumer slump, and the firm says now it’s time to buy. Chinese consumers have been reluctant to spend since the Covid-19 pandemic. Retail sales rose by just 3.5% last year , less than half the average of 9.7% in the years 2015 to 2019. But […]
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Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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Asia-Pacific markets trade mixed as U.S. economic uncertainties linger
Shares of Mitsubishi Motors climb after reports of Foxconn collaboration Shares of Mitsubishi Motors rose 4.5% after reports that it is closing in on an EV collaboration deal with Taiwan’s Foxconn, according to Nikkei citing sources close to the matter. Discussions have been ongoing for over six months, sources were cited as saying. —Lee Ying […]
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Asia-Pacific markets mixed following losses on Wall Street; Bank of Japan meeting in focus
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets traded mixed on Wednesday, following declines on Wall Street after a sell-off in technology stocks picked up pace. Japanese markets will be in focus for investors, with the Bank of Japan poised to announce its monetary policy decision later in the day. The central bank […]
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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
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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