Asia markets mixed as China vows support for ailing property market

[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

Asia markets trade mixed ahead of U.S. vote on debt ceiling deal; Hong Kong set for new lows

[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

Asia markets rise after U.S. reaches debt ceiling deal, Japan stocks at highest since July 1990

[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

Asia markets rise as Wall Street rallies; investors look ahead to Bank of Japan policy meeting

[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

Calls to move away from the U.S. dollar are growing — but the greenback is still king

[ad_1] Calls to move away from relying on the U.S. dollar for trade are growing. More and more countries — from Brazil to Southeast Asian nations — are calling for trade to be carried out in other currencies besides the U.S. dollar. The U.S. dollar has been king in global trade for decades — not … Read more

Asia markets trade higher as investor fears on banking turmoil ease

[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