Prices
Singapore inflation climbs at the slowest rate since February 2021
Buildings in Singapore, on Monday, Feb. 17, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation climbed by its lowest rate since February 2021, increasing 1.2% year on year in January, down from 1.6% in December. This is the first key piece of economic data since Singapore unveiled its 2025 budget on Feb. 18, which […]
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Asia-Pacific markets open lower as U.S. data stokes fears of sticky inflation and slower growth
Junkboat of Hong Kong at Night Nikada | E+ | Getty Images Asia-Pacific markets opened lower after Wall Street logged its worst session of the year last Friday on lackluster U.S. economic data that pointed to a slowing economy and sticky inflation. Australia’s S&P/ASX 200 extended losses to a sixth straight session, opening 0.81% lower. In […]
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The Fed is stuck in neutral as it watches how Trump’s policies play out
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., Feb. 11, 2025. Craig Hudson | Reuters The popular narrative among Federal Reserve policymakers these days is that policy is “well-positioned” to adjust […]
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CNBC Daily Open: The Fed, concerned over Trump tariffs, might hold rates
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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CNBC Daily Open: The Fed might pause rates over Trump tariff concerns
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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Asia-Pacific markets were mostly down as Trump tariff threats dent sentiment
Cityscape of Perth, the capital of Western Australia. Georgeclerk | E+ | Getty Images Asia-Pacific markets were mostly down Thursday, as investors weigh U.S. President Donald Trump’s proposed tariffs of about 25% on autos, semiconductors and pharmaceutical imports. Trump, who said the duties could be implemented as soon as April 2, did not specify whether they will be […]
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Philips tumbles 7% after sales miss expectations; Europe stocks open mixed
BAE Systems says order backlog at record high as revenue rises 14% Britain’s largest defense firm BAE Systems said on Wednesday that its order backlog rose 11% to a record high at the end of 2024, as it reported a 14% increase in annual revenue for 2024. Operating profit rose 4% to £2.69 billion ($3.39 […]
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UK inflation leaps to higher-than-expected 3% in January
Pedestrians walk through the festively decorated Burlington Arcade luxury shopping arcade in London, UK, on Monday, Dec. 4, 2023. Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of the crucial holiday period. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Annual U.K. […]
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Japan stocks set to rise after Wall Street gains as investors look beyond tariffs
Japan’s Osaka is the 43rd most expensive city to live in, according to the Economist Intelligence Unit. Mlenny | E+ | Getty Images Japan stocks were set to rise Wednesday, after Wall Street gained overnight with the S&P 500 closing at a record high as investors looked past tariffs and inflation headwinds. Futures for Japan’s […]
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Asia markets open mixed as investors assess Chinese President Xi’s comments in a meeting with top executives
Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty Images Asia-Pacific markets were set to open mixed Tuesday, a day after Chinese President Xi Jinping signaled support to the country’s private sector and urged businesses to “show their “talents.” Australia’s S&P/ASX 200 was down 0.43%, ahead of the Reserve Bank […]
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