Inflation in Japan’s capital city of Tokyo is widely considered a leading indicator of price increases in the country.
Japan’s Nikkei drops 3% as Asia-Pacific markets slide, tracking Wall Street sell-off
South Korea’s GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters.
CNBC Daily Open: Wall Street sinks, Ford slumps
S&P 500 and Nasdaq tumble, marking their worst day since 2022. Tesla slumps 12%. Ford misses earnings estimates.
CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint
Wall Street slips ahead of megacap earnings. Alphabet’s Youtube ad revenue misses expectations. Tesla slides on weaker-than-expected earnings
Trump 2.0 could go ‘nuclear’ on China trade, while economists say Harris would remain tough
Economists and trade experts largely expect Trump would further cut and destabilize trade relations between the world’s two largest economies.
Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings
Investors in Asia will also look at tech stocks to see if there is any spillover effect on EV stocks after Tesla earnings missed estimates.
Asia-Pacific markets trade mixed after Wall Street gains; India budget on deck
Later Tuesday, India is slated to unveil its first budget under Prime Minister Narendra Modi’s third five-year term.
CNBC Daily Open: Wall Street looks past political uncertainty
S&P 500 clocks best day since early June. Republicans call on CrowdStrike CEO to testify. Buffett sell $1.5 billion BofA stake.
An Asian city is named the safest destination in the world for travelers
Singapore is named the world’s safest city for tourists, according to recent research by Forbes Advisor.
Asia stocks fall as Biden drops presidential bid; China unexpectedly cuts interest rates
“It is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President,” Biden wrote in a letter.