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…
By Jamie McGeever (Reuters) – 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…
HONG KONG (AP) — Asian markets were mixed on Wednesday with Japan’s benchmark index gaining more than 1% after a rally in technology stocks propelled the Nasdaq composite to a record high. Hong Kong’s Hang Seng was down 1.3% to 20,438.54 and the Shanghai Composite index dropped 0.6% to 3,267.42. In Tokyo, the Nikkei 225…
(Bloomberg) — The yen extended losses to 1% while Japanese stocks climbed Monday as investors mulled the implications of the Liberal Democratic Party and its coalition partner losing their majority. Most Read from Bloomberg The slide in the currency as far as 153.86 against the dollar came after four straight weekly declines. That’s again raised…