Commercial and residential buildings seen from the rooftop of the Lotte Corp. World Tower at sunset in Seoul, South Korea, on Tuesday, Nov. 28, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets took a breather after two straight days of rallies, mirroring moves on Wall Street ahead of first-quarter gross domestic product figures from … Read more
Buildings in the central business district in Singapore, on Wednesday, Feb. 14, 2024. Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed. Nicky Loh | Bloomberg | Getty Images Asia-Pacific markets were mixed after Tuesday’s broad sell-off, with traders watching trade data … Read more
Employees work in the trading room inside the Mitsubishi UFJ Trust and Banking head office in Tokyo, Japan, on Tuesday, March 19, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Monday as traders weighed the impact of Iran’s massive drone and missile attacks on Israel over the weekend, with focus also on key … Read more
Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets tumbled after U.S. inflation for March came in hotter than expected, climbing 3.5% on a year-on-year basis and 0.4% higher compared with the previous month. Economists surveyed by Dow Jones had expected a … Read more
NetEase and Microsoft to bring games back to China Chinese internet technology giant NetEase has teamed up with Microsoft to bring back games by Blizzard Entertainment to the world’s second-largest economy. The move comes after the partnership between the two companies was terminated in 2023 by Blizzard, citing disagreement over intellectual property control. The press … Read more
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were mixed ahead of central bank decisions this week, and inflation numbers from the U.S. and China. The Bank of Korea, the Reserve Bank of New Zealand, the Bank of Thailand and the … Read more
Oil production in Azerbaijan Vostok | 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 you see? You can subscribe here. What you need to know today Weak quarterly kickoffJapan … Read more
A customer in front of a drugstore in Tokyo, Japan, on Wednesday, Oct. 19, 2022. Soichiro Koriyama | Bloomberg | Getty Images Asia-Pacific markets fell on Friday, led by Japan’s Nikkei 225, mirroring moves on Wall Street after comments from U.S. Federal Reserve officials fueled worries that the central bank could hold off on rate … Read more
The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up … Read more
Several investors have been looking favorably at Japanese stocks in the past few months, and market strategist Matt Orton is no exception. “Japan overall, has been a fantastic market … Japan was the top performer within the Asian equity market complex,” the chief market strategist at asset management firm Raymond James Investment Management told CNBC’s ” … Read more
