[ad_1] South Korea’s gross domestic product grows 0.9% in second quarter South Korea’s gross domestic product grew 0.9% year-on-year in the second quarter of 2023, according to advance estimates. This was unchanged from the 0.9% seen in the first quarter, and beat the 0.8% estimate by economists polled by Reuters. On a quarter to quarter … Read more
[ad_1] Global stocks mostly fell Tuesday following a smaller-than-forecast Chinese interest rate cut, while a pullback in US markets suggested a rally was running out of steam. Asian stocks finished mostly lower, as did European equities. All three major US indices also pulled back, with the S&P 500 losing 0.5 percent. London stocks firmed on … Read more
[ad_1] Pedestrians in front of a pawn shop during Golden Week at night in Macau, China, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near … Read more
[ad_1] CNBC Pro: Parts of the market are getting pricey. But analysts like these 4 cheap stocks Markets have rallied this year despite economic uncertainty in the United States. Some parts of the markets are expensive right now, but analysts say some sectors are still cheap. They name four stocks that are still cheap to … Read more
[ad_1] Shanghai recorded its hottest May day in 100 years on Monday, the city’s meteorological service announced, shattering the previous high by a full degree. Scientists say global warming is exacerbating adverse weather, with many countries experiencing deadly heatwaves and temperatures hitting records across Southeast and South Asia in recent weeks. “At 13:09, the temperature … Read more
[ad_1] CNBC Pro: How much of A.I. is just hype? A bull and a bear share their tips on how to invest Artificial intelligence has taken the investing world by storm since early this year — thanks largely to the emergence of ChatGPT, which triggered a wave of buying into AI-related stocks. Is it here … Read more
[ad_1] China said on Tuesday that it was expelling Canada’s consul in Shanghai, in a tit-for-tat move after Ottawa announced it was sending home a Chinese diplomat accused of trying to intimidate a lawmaker. The expulsions have plunged the two nations into a fresh diplomatic row after years of souring relations. They follow an outcry … Read more
[ad_1] Nikkei reports Bank of Japan started discussion to change forward guidance Bank of Japan officials have started planning a “broad policy review” including discussions of a change to its forward guidance, Nikkei reported. The report added while the talks ,include deferring a decision on YCC tweaks, there is a possibility of a follow-through taking … Read more
[ad_1] It’s said to be “the happiest place on earth.” But some travelers aren’t thrilled about what it takes to pull off a trip to Walt Disney World these days. Restaurants can be booked solid months in advance. Timeslots for new attractions can go within seconds of coming online at 7 a.m. And then there’s … Read more
[ad_1] Bondi Beach in Sydney, Australia Brook Attakorn | Moment | Getty Images Asia-Pacific markets were higher on Tuesday as investor fears over the recent banking turmoil continued to show signs of easing. In Australia, the S&P/ASX 200 rose 1.11%. Japan’s Nikkei 225 was up 0.3%, while the Topix saw a larger gain of 0.57% in … Read more