Fed rate cuts, BOJ rate decision

Fed rate cuts, BOJ rate decision

Japan ,Tokyo City skyline, Tokyo Tower.  Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific stocks and currencies fell Thursday, amid a broader market sell-off after the U.S. Federal Reserve delivered its third consecutive rate reduction and signaled fewer rate cuts ahead. Investors assessed the Bank of Japan’s decision to keep its policy…

Read More
Asia markets live: Asian chip stocks, Nvidia

Asia markets live: Asian chip stocks, Nvidia

An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak on July 23, 2023 in Hong Kong, China. Future Publishing | Future Publishing | Getty Images Asia-Pacific markets opened mixed Tuesday, tracking mixed gains on Wall Street as investors look toward the U.S. Federal Reserve’s decision stateside. Australia’s S&P/ASX 200…

Read More
Asia markets live: Japan Tankan, India WPI

Asia markets live: Japan Tankan, India WPI

A line of trucks parked outside a shipping terminal in Yokohama, Japan, on Monday, Dec. 4, 2023.  Bloomberg | Bloomberg | Getty Images China stocks led losses in Asia Friday as Beijing’s affirmation of its recent policy shifts and plans to boost growth, following a high-profile meeting Thursday, appeared to have fallen short of investors’…

Read More
Australia job numbers, Hong Kong industrial output

Australia job numbers, Hong Kong industrial output

Australia Matteo Colombo | Digitalvision | Getty Images Asia-Pacific markets were mostly higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November’s inflation report met expectations. Traders in Asia assessed jobs data from Australia, which showed the country’s unemployment rate fell to an 8-month low of 3.9% in November,…

Read More
Bloomberg

Emerging Stocks Halt Rally as China Momentum Starts to Fade

(Bloomberg) — Emerging-market equities snapped its six-day advance amid investor skepticism about China’s plans for more stimulus to support the economy. Most Read from Bloomberg The MSCI emerging stock index dropped 0.2%, dragged down by Taiwan Semiconductor Manufacturing Company Ltd. While China’s top leaders signaled bolder economic support next year with a pledge to embrace…

Read More