The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. Mark Coote | Bloomberg | Getty Images New Zealand’s central bank on Wednesday cut benchmark interest rates by 50 basis points to 2.5%, bringing the policy rate to its lowest level since July 2022 as growth worries loom….
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Japan’s Nikkei 225 hit a record high Tuesday for the second straight session, lifted by a tech rally on Wall Street after a massive deal between OpenAI and AMD —…
Sanae Takaichi listens to a question after visiting the Yasukuni shrine to honour the war dead durig the shrine’s spring festival in Tokyo on April 23, 2015. Toshifumi Kitamura | Afp | Getty Images Having won the presidency of Japan’s ruling Liberal Democratic Party, Sanae Takaichi is on the verge of becoming the country’s first…
Investors may want to boost their exposure overseas. “Home bias is about as bad as it’s ever been in the United States. The average investor has far too much of their money sitting in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week. Nadig, the firm’s president and director of research, delivered…
A logo of Japan’s high-tech giant Hitachi at an exhibition in Tokyo on October 29, 2013. Hitachi announced its group net profit rose 8.8 percent in the first half of the fiscal year, from a year earlier to 32.77 billion yen as the weaker yen and cost-cutting. AFP PHOTO / Yoshikazu TSUNO (Photo credit should…
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by…
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and…
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mixed Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to wrangle over details of a…
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank expectedly held benchmark policy rates at 3.6% on Tuesday as inflation in the country stays at its highest level in more than a…
A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images China’s official gauge for manufacturing activity showed a smaller-than-expected contraction in September as Beijing intensified its efforts aimed at curbing industrial…
