A walkway with sign of subway line in a Tokyo subway station. Bruce Yuanyue Bi | The Image Bank | Getty Images Shares of Japanese subway operator Tokyo Metro rose almost 45% Wednesday after a stellar IPO. The company had raised 348.6 billion yen ($2.3 billion) in the largest initial public offering in Japan in…
Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Hitoshi Yamada | NurPhoto | Getty Images Asia-Pacific markets mostly rose Tuesday, breaking ranks with major Wall Street benchmarks, while Japanese subway operator Tokyo Metro’s stellar market debut boosted investor optimism. Shares of Tokyo Metro…
HAIAN, CHINA – JANUARY 24, 2024 – A staff member of the personal finance business area of a bank counts and arranges the RMB deposited by customers in the daily account in Haian city, Jiangsu province, China, Jan 24, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing |…
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions. Jiang Qiming | China News Service | Getty Images China on Monday lowered its main benchmark lending rates by 25 basis points at…
A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020. BEHROUZ MEHRI | Contributor | Getty Images China property stocks dropped amid an official breifing by the country’s housing ministry even as the broader CSI 300 rose along with most Asia-Pacific markets following gains on Wall Street. The CSI…
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened lower Wednesday, with Japan’s Nikkei leading losses, following declines on Wall Street. Investors will be watching for more stimulus measures to prop up the real estate sector…
The flag (R) of the Hong Kong Exchanges and Clearing Limited (HKEX) is hoisted next to China’s flag (C) in Hong Kong on August 16, 2016. Anthony Wallace | Afp | Getty Images China stocks fell Tuesday even as broader Asia-Pacific markets rose following gains on Wall Street that saw the Dow Jones Industrial Average and…
“China’s growth recovery and north Asia’s earnings rebound in 2024 remain our key investment themes and overweight areas,” Goldman Sachs’ strategists, led by Timothy Moe, wrote in a Saturday note. Vcg | Visual China Group | Getty Images Asia-Pacific markets were mixed on Monday, as investors assessed China’s weekend press briefing and awaited a slew…
Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People’s Bank of China (PBOC), listen during a news conference on the sidelines of the National People’s Congress in Beijing, China, on Wednesday, March 6, 2024. Bloomberg | Bloomberg…
Signage for Bank of Korea is displayed atop the central bank’s headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. South Korea’s central bank hiked interest rates for a second consecutive meeting on Thursday to wrestle consumer inflation down from 13-year highs, and further raised its projections for prices to rise to their…