Sydney Harbour in Australia, featuring the Sydney Opera House and Harbour Bridge. Raisbeckfoto | E+ | Getty Images Asia-Pacific markets fell across the board taking cues from U.S. markets overnight, while the Bank of Korea kept its interest rates steady for the sixth time in a row. This also mirrors moves on Wall Street as … Read more
Fri, Sep 15 2023 1:51 AM EDT India has ‘always been at the forefront’ for Bell Flight, managing director says “India has always been at the forefront for us,” Sameer Rehman, managing director of U.S. aerospace manufacturer Bell Flight told CNBC’s “Squawk Box Asia.” “As the fastest growing economy, as the largest population now on … Read more
5 Hours Ago Japan is not likely to unwind from its ultra-easy monetary policy anytime soon: Daiwa Securities While the markets are expecting the Bank of Japan to exit its ultra-easy monetary policy, Daiwa Securities’ deputy president Keiko Tashiro thinks these moves may not come as soon as some think. BOJ Governor Kazuo Ueda reportedly … Read more
Japan ,Tokyo City skyline, Tokyo Tower. (Photo by: Dukas/Universal Images Group via Getty Images) Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific markets were lower on Friday as Japan released revised second quarter gross domestic product figures. Hong Kong cancelled trade for the whole day due to a storm warning. Japan’s Nikkei … Read more
Asia markets mixed as Japan Q2 GDP grows less than expected; Hong Kong may pause trade CNBC Source link
Thu, Sep 7 2023 2:10 AM EDT Evergrande shares extend rally, climbing as much as 28% on Thursday Shares of Chinese real estate developer Evergrande continued its rally, climbing as much as 28% on Thursday — although the stock later pared gains to about 6.25% above its last close. This comes after Evergrande spiked more … Read more
My top 10 things to watch Wednesday 1. Equities are lower in premarket trading Wednesday, with the S & P 500 and Nasdaq Composite both down around 0.2%. Meanwhile, oil prices pulled back slightly after having soared 1.5% on Tuesday on the back of Saudi Arabia’s extended production cuts. West Texas Intermediate crude was trading … Read more
9 Mins Ago Country Garden to issue HK$270 million worth of new shares to repay loans Chinese property firm Country Garden Holdings announced a plan to issue about 270 million Hong Kong dollars ($34.4 million) worth of new shares to repay some of its loans. The company said the new shares will issued at 77 … Read more
An Hour Ago Tata Steel CEO says sustainability considerations are very important for the industry as it develops Steel is a growing sector particularly in India, thereby making it “very important” for sustainability to be part of the solution, said CEO of Tata Steel, T. V. Narendran. “We’re going to have about 100 million tons … Read more
3 Hours Ago Japan business activity expands at faster pace in August: au Jibun bank Japan’s business activity expanded at a faster pace in August, powered by a “solid” service sector expansion, according to a private survey by the au Jibun bank. The country’s flash purchasing managers index came in at 52.6, compared with 52.2 … Read more