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…
U.S. crude oil futures fell more than 2% on Monday after OPEC cut its demand forecast for 2024 for the third time in a row. OPEC now sees demand growing by 1.9 million barrels per day in 2024, down from 2 million bpd in its previous forecast, according to a report released Monday. The group…
“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…
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…
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Asia-Pacific markets closed higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shrugged off…
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images SINGAPORE — Asia-Pacific markets opened mostly higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as…
View of the Federal Reserve building in the capital, 3 October 2024, USA, Washington. Valerie Plesch | Picture Alliance | 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 what…
An aerial view shows the Central Bank of India building, in Mumbai, India, 28 September, 2022. (Photo by Niharika Kulkarni/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Asia-Pacific markets mostly rebounded on Wednesday following a broad decline in the previous session and as Wall Street rallied overnight. Chinese markets were the outlier, tumbling…
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid mounting threats of a region-wide war in the Middle East. Brent crude futures fell 43 cents,…
U.S. crude oil is set to book a nearly 9% gain for the week, after President Joe Biden indicated that the White House is discussing a possible strike by Israel on Iran’s crude facilities in retaliation for Tehran’s ballistic missile strike earlier this week. Oil prices would spike by $10 to $20 per barrel if…