Singapore stocks break 11-session rally Singapore’s 30-stock benchmark Straits Times Index broke its 11-session winning streak on Tuesday, and traded in negative territory. Stock Chart IconStock chart icon Straits Times Index The index was down 0.19% at 4,199.11 as of 10:18 a.m. local time (10.18 p.m. ET Monday), with losses led by the financial, utilities…
Chinese yuan trades flat against greenback after PBOC decision The Chinese yuan and offshore yuan traded flat against the greenback on Monday, after the People’s Bank of China stood pat on its key holding rates for July. As at 9.50 a.m. local time (9.50 p.m. ET Sunday), the offshore yuan had weakened by 0.02% against…
CNBC Pro: Trump’s fresh tariffs have reignited the gold rally. Here’s how the pros are investing Spot gold continued to rise Tuesday, after topping a three-week high in its previous session. As of 10:55 a.m Singapore time (10:55 p.m. ET Monday), the precious metal was up 0.16% at $3,348.80 per ounce. Stock Chart IconStock chart…
Japan’s core machinery orders fall 0.6% in May from the previous month Japan’s core machinery orders fell 0.6% in May from the previous month on a seasonally adjusted basis, according to data released by the country’s Cabinet Office on Monday. While that came in slightly better than the 1.5% contraction estimated by economists in a Reuters…
This photo taken on Nov. 24, 2022 shows the building of Bank of Korea BOK in Seoul, South Korea. Wang Yiliang | Xinhua News Agency | Getty Images South Korea’s central bank held its policy rate at 2.5% Thursday, as it assesses the impact of recent measures aimed at cooling Seoul’s housing market. Housing prices…
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | AFP | Getty Images Stock futures rose slightly Wednesday as investors monitor the latest tariff updates from President Donald Trump. Futures tied to the Dow Jones Industrial…
Copper falls on Trump’s impending 50% tariffs Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images Copper prices slipped on Wednesday after U.S. President Donald Trump announced a 50% tariff on exports of the metal to the U.S. The three-month…
Jackal Pan | Moment | Getty Images Asia-Pacific markets mostly rose after U.S. President Donald Trump announced steep tariffs on 14 trading partners, including Japan and South Korea. Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the letters Trump posted…
The skyline of Yokohama with the Landmark Tower, Queen’s Square and the ferries wheel with the Aka-Rengo Soko warehouse on a beautiful day. Juergen Sack | E+ | Getty Images Asia-Pacific markets traded mixed Friday after Wall Street gained on a better-than-expected jobs report eased investors’ concerns of a slowdown in the U.S. economy. Japan’s Nikkei 225 benchmark…
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets traded mixed Tuesday as investors assessed the record gains on Wall Street and the global impact of U.S. President Donald Trump’s tariff policies as his 90-day tariff reprieve is set to expire next week. U.S. Treasury Secretary Scott Bessent said on Monday that there are…
