World Markets
China’s ‘whatever it takes’ moment? Investors hope for billions in new stimulus
China’s Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth. Yan Cong | Bloomberg | Getty Images Investors are on tenterhooks as Beijing prepares to deliver fresh policies over the weekend that could jumpstart its economy. China’s Finance Minister Lan Fo’an is set to hold […]
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CNBC Daily Open: CPI’s higher than expected. Is it just a ‘janky’ data point?
A worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024. SeongJoon Cho | Bloomberg | 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, […]
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Asia markets open mostly higher after declines on Wall Street; BOK rate decision in focus
Signage for Bank of Korea is displayed atop the central bank’s headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. South Korea’s central bank hiked interest rates for a second consecutive meeting on Thursday to wrestle consumer inflation down from 13-year highs, and further raised its projections for prices to rise to their […]
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Asia-Pacific markets gain ahead of U.S. inflation data; China stocks resume rally
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Asia-Pacific markets closed higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shrugged off […]
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Asia-Pacific markets open higher after S&P 500 and Dow hit new highs: Live updates
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asia-Pacific markets are set to open higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as […]
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Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at age 86
Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman N Chandrasekaran confirmed Tata’s death and described him in a statement as his “friend, mentor, and guide.” He did not provide a cause of death. Tata was admitted this week to […]
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China’s property stimulus raises optimism — but more steps are needed for a sectoral turnaround
A man works at a construction site of a residential skyscraper in Shanghai on November 29, 2016. Chinese household debt has risen at an “alarming” pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world’s second largest economy. JOHANNES EISELE/AFP via Getty Images […]
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CNBC Daily Open: Opportunity in October’s choppiness for stocks
A man covering his head with Halloween pumpkin sits as trees’ leaves turns the colors of the autumn season at Central Park in New York, United States on October 30, 2023. Fatih Aktas | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]
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CNBC Daily Open: Stocks’ choppiness in October can be an opportunity
A view from the Alaska Bootanical Park, fall, Halloween and harvest season themed version of the Alaska Botanical Park with special displays, inside the Far North Bicentennial Park, Alaska, United States on September 22, 2024. Hasan Akbas | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC […]
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Asia markets poised to rebound after Wall Street rally; central bank decisions in focus: Live updates
New Zealand’s central bank is expected to slash its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5% Source
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