TOKYO (AP) — Japan’s economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption. On a quarter-to-quarter basis, the world’s fourth largest economy grew 0.7% for its third straight quarter of growth, the Cabinet Office reported Monday in its preliminary data. For 2024, the Japanese economy eked…
U.S. President Donald Trump giving an address by videoconference at the World Economic Forum annual meeting in Davos on Jan. 23, 2025. Fabrice Coffrini | Afp | 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,…
The Bank of Japan gave the green light to lift interest rates to their highest since level 2008 (Richard A. Brooks) Asian markets rose Friday after a record day on Wall Street in response to Donald Trump’s tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan….
BANGKOK (AP) — Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought. The Fed cut its key rate by a quarter of a percentage point to between 4.25% and 4.5%,…
(Bloomberg) — Asian stocks slid on Thursday after the Federal Reserve trimmed expectations for interest-rate cuts next year. The yen dropped as the Bank of Japan refrained from raising borrowing costs. Most Read from Bloomberg Equity benchmarks in Japan, Australia, South Korea and China declined, helping drag a gauge of regional equities down by as…
Seoul’s Kospi swung after South Korean President Yoon Suk Yeol was impeached at the weekend for this month’s short-lived martial law declaration (Handout) Asian markets mostly fell Monday after an unexpected slowdown in retail sales reinforced worries about China’s economy, with the latest batch of weak data compounding the disappointment of Beijing’s latest stimulus pledges….
The euro has come under pressure as a budget standoff in France — the eurozone’s second-biggest economy — threatens to bring down the government (Bertrand GUAY) Equities rose across Asia on Monday following another record day on Wall Street, with traders also cheered by data suggesting China’s economic malaise is showing signs of easing. The…
US equity futures rose on Friday, signaling a positive start to trading after Thanksgiving, as the S&P 500 heads toward its best month since February. Futures tied to the index pointed to modest gains, following a 5% rise in November and a 26% surge year-to-date, fueled by strong performances from tech giants and international market…
SINGAPORE (Reuters) -Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia, while in Japan, comments from its central bank’s head left markets none the wiser on the country’s rate outlook. Bank of Japan Governor Kazuo Ueda reiterated on Monday the central bank will keep raising rates if…
Oct 31 – A look at the day ahead in Asian markets. Thursday is shaping up to be a huge day for markets in Asia as investors brace for a deluge of major corporate and economic newsflow, topped by the Bank of Japan’s policy decision and China’s official purchasing managers index surveys for October. Third-quarter…