Japan’s Nikkei 225 climbed after the Reuters Tankan survey showed an increase in business optimism among large Japanese manufacturers.
Asia-Pacific markets mixed after Fed Chair Powell’s rate cut comments lift Wall Street
Federal Reserve Chair Jerome Powell said the central bank will not wait until inflation hits 2% to cut interest rates.
Asia markets mostly slip as investors assess assassination attempt on Trump, softer China GDP data
China’s economy grew 4.7% in the second quarter, missing expectations of a 5.1% expansion forecast by Reuters and lower than the 5.3% seen in the first quarter.
Japan data suggests possible yen intervention of around $22 billion
Markets analysts speculated that policymakers had used the opportunity of the U.S. inflation data to enter the market.
CNBC Daily Open: S&P retreats, yen surges, Tesla sinks
The S&P 500 and Nasdaq Composite retreated from record highs as investors pivoted away from Big Tech, like Nvidia and Meta Platforms.
Ambani’s wedding kicks off in India this weekend. Here’s who will be at the star-studded event
Mukesh Ambani’s youngest son is set to tie the knot this weekend after months-long wedding celebrations. Here’s what you need to know.
Samsung launches the Galaxy Ring — a first-of-its-kind product for the tech giant
The Samsung Galaxy Ring has the ability to track various health metrics such as heart rate and sleep.
Japan’s Nikkei smashes past 42,000 mark to all-time high; Asia-Pacific markets climb on tech rally and rate cut hopes
In Asia, investors will be watching for any spillover optimism in the region’s tech stocks, particularly in Japan.
CNBC Daily Open: A true bull market — it’s not Wall Street
S&P 500 closes above 5,600 for the first time. Archegos founder convicted of market manipulation. Tesla is a “meme stock.”
Japan’s Nikkei nears all-time intraday high as other Asia markets slip; China inflation weaker than expected
China’s consumer price index is expected to climb 0.4% in June, compared with 0.3% in May.