Prices
Asia markets mostly lower as investors assess Japan spending data; India rate decision in focus
A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets open mostly lower Friday after Wall Street saw the Dow Jones Industrial Average drop more than 200 points and S&P 500 retreat from a record high. Traders in Asia assessed household spending data out of Japan. Spending grew 2.9% in […]
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CNBC’s Inside India newsletter: What lies ahead for India after a big GDP growth miss?
People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and […]
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Asia-Pacific markets set to open mixed after key Wall Street benchmarks hit record highs
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 […]
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Watch live: Fed Chair Jerome Powell speaks at Dealbook conference
[The stream is slated to start at 1:40 om ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Wednesday at the New York Times DealBook conference. The appearances comes two weeks ahead of when the central bank will announce its decision on […]
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Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty Images Bank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts over the next year, […]
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South Korea stocks down nearly 2% after President Yoon imposes and then lifts martial law
People gather outside the National Assembly, after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, December 4, 2024. Soo-hyeon Kim | Reuters South Korean markets opened lower Wednesday, after a day of political upheaval in South Korea that saw President Yoon Suk Yeol impose and then lift a martial law […]
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5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day: 1. New highs A specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City. Brendan McDermid | Reuters The first trading day of December brought fresh closing records for both […]
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Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024. Brendan Mcdermid | Reuters Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind. “Based on […]
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Asia-Pacific markets rise as investors await key economic readings from the region
A heavy traffic jam with many cars on the road in Chaoyang district in Beijing, China. Sw Photography | Digitalvision | Getty Images Asia-Pacific markets kick-started a data-heavy week higher, with investors awaiting economic readings from several countries, including Japan, South Korea and China. Over the weekend, China released its official purchasing managers’ index reading […]
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India’s quarterly growth slumps to a near two-year low, well below expectations
Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low. The print follows 6.7% growth over the previous quarter and is the lowest reading since the last quarter […]
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