Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets opened mixed as investors kept an eye on the talks between the U.S. and China in Spain, and awaited a slate of data from Beijing. U.S. and Chinese officials began talks in Madrid Sunday to discuss key national security, economic,…
Japan’s benchmark Nikkei 225 led gains in Asia Thursday to notch a record high of 44,251.65, mirroring gains on Wall Street overnight on Fed-rate cut hopes and positive inflation data. One of Nikkei 255’s heavyweights, tech investment firm SoftBank Group, jumped nearly 10% to notch a second straight day of gains. Other top movers were…
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were set to open mostly higher Wednesday ahead of key August inflation data from China. The mainland’s August consumer price index is expected to fall 0.2% from the previous year, according to economists…
Gold prices hit fresh highs this week , with spot values extending their record run above the $3,500 mark into the middle of the week. By Wednesday morning, bullion had climbed down from Tuesday’s $3,537 highs to trade at $3,534.42 an ounce at 1:17 a.m. ET. Meanwhile, U.S. gold futures for December delivery surged to…
President Trump’s efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank’s independence, according to longtime investor Rebecca Patterson. “We shouldn’t ignore this at all. This is a big deal what’s going on,” the former Bridgewater Associates chief investment strategist told CNBC’s “Fast Money” this week. Patterson, now a senior fellow at…
President Donald Trump sent shockwaves through global markets Monday night by saying he would fire Federal Reserve Board Governor Lisa Cook. Trump’s decision not only put investors and economists on alert, but brought attention to the complicated innerworkings of the U.S. central bank. It also marks the latest escalation of Trump’s monthslong pressure campaign against…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | Reuters U.S. stocks were flat Tuesday as Wall Street looked beyond President Donald Trump’s removal of Federal Reserve Governor Lisa Cook from central bank’s board, awaiting quarterly figures from chip giant Nvidia….
Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
Australian stocks extend gains to fresh record high Australian stocks extended their gains for a second day, reaching a new record high. The 200-stock benchmark S&P/ASX 200 rose 0.14% to 8,856.80 as of 10.48 a.m. Australian Eastern Standard Time (8:48 p.m. ET Monday), after hitting a fresh high of 8,828.67 earlier in the session. Stock…
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. As of 8.06 a.m. Singapore time (8.08 p.m. ET Wednesday), Japan’s Nikkei 225 benchmark was flat while the broader Topix index ticked up 0.19%. In South Korea, the Kospi index fell 0.12% while the small-cap Kosdaq was unchanged. Over in Australia, the S&P/ASX 200 benchmark was flat….
