World Markets
European stocks higher with central bank decisions in focus; Commerzbank shares hit 12-year high
Tourists are visiting the center of Munich in Munich, Germany, on July 21, 2024. Nurphoto | Getty Images LONDON — European stocks were higher Tuesday, as upcoming central bank meetings remain in focus. The pan-European Stoxx 600 index was 0.75% by 11:10 a.m., with all major bourses and virtually all sectors in the green. Banks […]
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CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
The sun rises behind the skyline of lower Manhattan and One World Trade Center on September 14, 2024, in Jersey City, New Jersey. Gary Hershorn | Corbis News | 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 […]
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Asia-Pacific markets trade mixed as investors look ahead to Fed meeting
Containers are loaded on the premises of the port operator PSA, the Port of Singapore Authority (PSA), at the Port of Singapore on 14 June 2022. Bernd von Jutrczenka | Picture Alliance | Getty Images Most Asia-Pacific markets were mixed Tuesday, following a mixed trading session on Wall Street as investors prepare for the Federal […]
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European markets mixed ahead of bumper week for central banks
A view of the Navigli in Milan, Italy on May 20, 2024. Nurphoto | Getty Images LONDON — European stocks were mixed Monday as investors prepared for a bumper week of interest rate decisions from the U.S Federal Reserve and the Bank of England. The pan-European Stoxx 600 was down 0.1% by 2:00 p.m. London time, […]
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India’s Bajaj Housing Finance sees shares more than double on debut after stellar IPO
A man walks past a Bajaj motorcycle dealer shop, in Mumbai, India, 23 October, 2023. Niharika Kulkarni | Nurphoto | Getty Images Shares of India’s Bajaj Housing Finance more than doubled Monday on their market debut, reflecting strong demand from investors looking to play the country’s growing real estate sector. The company’s shares, which debuted […]
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India can achieve sustainable growth of up to 8% in the coming years, central bank chief says
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images India can achieve sustainable economic growth of up to 8% over the medium term, according to the country’s central bank governor. His comments come shortly after data showed India’s gross domestic product slowed […]
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It’s a big week for central banks around the world, with a slew of rate moves on the table
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin Building in Washington, D.C., on June 12, 2024. Kevin Dietsch | Getty Images A flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves […]
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CNBC Daily Open: After the Fed’s first cut, where to next?
The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Sept. 12, 2024. Stefani Reynold | 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, no matter where they are. Like […]
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Asia-Pacific markets set to open mixed after China’s downbeat economic data
Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images Asian markets were set to open mixed Monday as investors digested the downbeat economic data from China released over the weekend, while several key markets were closed for holidays. Investors also await the Federal Reserve’s policy meeting on Tuesday and […]
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China raising its retirement age may be unpopular but it’s much needed, analysts say
Elderly people are relaxing at a park in Fuyang, China, on January 15, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto/NurPhoto | Nurphoto | Getty Images China’s top legislative body passed an official plan Friday to begin incrementally raising the nation’s statutory retirement age from Jan. 1 of next year and concluding in 2040, according […]
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