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…
The Indian rupee moved in a narrow band on Monday as steady interbank dollar bids blunted positive cues from improved risk appetite globally. Wong Yu Liang | Moment | Getty Images The lack of progress on the U.S.-India trade deal, compounded by persistent outflows in foreign funds, has weighed on the rupee this year, making…
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images India’s central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters. The monetary policy committee delivered a unanimous reduction, citing “weakness in some key…
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions…
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Asia-Pacific markets were set to open higher Tuesday, after Wall Street fell as crypto sell-off dented market sentiment. Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the…
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December on a mixed note Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve…
The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets opened higher Thursday, after Wall Street gained as Fed rate-cut hopes grew and tech stocks rebounded. Japan’s benchmark Nikkei 225 index rose 0.85%, and the Topix index added 0.64%. Artificial intelligence-related stocks rallied on the…
SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets were set to open higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest…
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent and hopes of a Fed rate cut. Optimism about Alphabet’s…
A view of Tokyo’s skyline on July 27, 2021 in Tokyo, Japan. Julian Finney | Getty Images Sport | Getty Images Asian chip shares rose at the open Thursday after Nvidia delivered stronger-than-expected earnings and issued a bullish forecast that reinforced confidence in the global AI trade. Shares of the chip giant jumped more than…
