The Seoul skyline at sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets traded mostly higher on Thursday after Wall Street rally stalled overnight and as investors assessed a surprise interest rate cut by South Korea. The Bank of Korea unexpectedly cut its benchmark interest rate by 25 basis points to 3.0%. Market watchers…
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty Images Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records….
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on…
Sydney city skyline, New South Wales, Australia. Education Images | Universal Images Group | Getty Images Asia-Pacific markets mostly rose Monday, with investors awaiting a slew of economic data this week including China industrial data and India’s third-quarter GDP numbers. On Monday, Singapore released its inflation figures for October. Its headline inflation rate fell to…
A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023. Jade Gao | Afp | Getty Images Asia-Pacific markets were mostly lower in choppy trading Wednesday, following a mixed performance on Wall Street amid mounting geopolitical tensions between Ukraine and Russia. Investors assessed October trade data out of…
A Samsung Group flag flutters in front of the company’s Seocho building in Seoul. Sopa Images | Lightrocket | Getty Images Shares of Samsung Electronics jumped on Monday after the company unveiled a surprise plan to buy back about 10 trillion South Korean won ($7.19 billion) worth of its own stock over the next 12…
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific stocks were mostly lower Monday as markets kickstarted what ING calls a “quiet” week for economic data from the region. Key data this week from Asia will include China’s loan prime rate, set…
A view of the night scenery in Shanghai, China S3studio | Getty Images Entertainment | Getty Images Asia markets were mixed Friday as Wall Street fell after U.S. Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to cut rates, with investors also assessing China and Japan economic data. Speaking in…
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI…
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Asia-Pacific stock markets opened lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders assessed corporate goods data out of Japan, which showed year-on-year producer price growth, or…