World Markets
Property stocks in Hong Kong rally on homes mortgage stimulus
A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Chinese property stocks rallied on Tuesday after top financial regulators vowed a range of monetary easing measures to provide some relief for millions of families and boost a recovery in the real estate […]
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Chinese stocks lead Asia gains as PBOC announces slew of policy easing measures in rare briefing
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets climbed on Tuesday, led by Chinese stocks as Beijing announced a slew of policy easing measures in a rare briefing from central bank governor Pan Gongsheng. The PBOC will cut the reserve requirement […]
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European markets flat as French and German PMIs point to renewed downturn
Customers sit outside at a cafe terrace in Paris, France, on Nov. 10, 2021. Bloomberg | Bloomberg | Getty Images LONDON — European stocks were flat in early trade Monday morning as German and French business activity data pointed to renewed declines in the region’s two largest economies. The pan-European Stoxx 600 index opened modestly […]
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CNBC Daily Open: Recession concerns still linger
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024. Brendan McDermid | Reuters 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, no matter where they are. […]
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Motel 6 sold to Indian hotel operator Oyo for $525 million
A Motel 6 Fort Worth Star-Telegram | Tribune News Service | Getty Images The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6’s parent company G6 Hospitality, announced Friday that the deal would be […]
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Japan’s Nikkei leads gains in Asia Pacific after Wall Street soars on Fed’s jumbo rate cut
A Japanese flag is displayed as shoppers and pedestrians walk past stores at a shopping street in Tokyo, Japan, on Wednesday, Nov. 23, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Asia-Pacific markets opened higher on Friday with Japan’s Nikkei 225 leading gains, after Wall Street soared overnight following the Federal Reserve’s outsized rate cut. […]
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CNBC Daily Open: Markets need time to digest the 50-point cut
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC […]
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Asia-Pacific markets open higher as investors digest outsized Fed rate cut
The Bank of Japan headquarters is seen in Tokyo on January 30, 2017. The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according to more than 80% of economists polled by Reuters, marking a long-awaited major shift from a global outlier central bank. Kazuhiro Nogi | Afp | […]
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CNBC Daily Open: Hoping for a 50-basis-point cut
Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision. Source
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Asia-Pacific markets mostly rise as investors await Federal Reserve’s rate decision
Vehicles bound for shipment parked in front of the Dream Angel vehicles carrier ship at the Nagoya Port in Nagoya, Japan, on Tuesday, June 18, 2024. Fred Mery | Bloomberg | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw both the S&P 500 and the Dow Jones Industrial Average reach new highs. Investors […]
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