AsiaPacific
April 26, 2024 HONG KONG – The US deployment of the first Mid-Range Capability (MRC) missile system to the Philippines as part of an ongoing bilateral military exercise is a “black day” for the Asia-Pacific that threatens regional stability and further stirs tensions in the South China Sea, analysts said. This is the first time […]
An Hour Ago India won’t be hit too badly by high oil prices amid geopolitical risks, DBS says As markets assess the risks from the conflict between Israel and Hamas, DBS says its impact through high oil prices on India could become more prominent if the war expanded to the oil-rich Middle Eastern countries. The […]
33 Mins Ago CNBC Pro: ‘Tremendous opportunity’: Oakmark’s Bill Nygren says it’s a good time to buy these 3 cheaper stocks It’s a good time to buy cheap stocks in some sectors right now, according to Oakmark Funds’ Bill Nygren. The top value-focused fund manager said what’s “really unusual today” is how wide the spread […]
40 Mins Ago CNBC Pro: Veteran investor says one type of energy company is ‘extremely attractive’ — naming a stock he likes The commodities market is a “much more constructive place to invest” right now — and one type of company in the energy sector in particular is “extremely attractive,” according to one portfolio manager. […]
15 September 2023 – Bangkok, Thailand: Championing the reduction of food loss and waste was the main call to action at the Model United Nations (MUN) Conference hosted at the FAO Regional Office for Asia and the Pacific in Bangkok. Organized by the Meiji University of Japan together with Kasetsart University, the Srinakarinwirot University, and […]
58 Mins Ago Oil prices edge slightly higher ahead of OPEC+ meeting Oil prices traded slightly above the flatline as traders look toward an OPEC+ meeting this weekend. Global benchmark Brent inched 0.2% lower at $74.44 a barrel Friday, while the U.S. West Texas Intermediate futures was 0.24% down to $70.27 per barrel.
3 Hours Ago Uniqlo owner Fast Retailing shares jump over 9% after company lifts revenue estimates Shares of Japanese retail giant Fast Retailing jumped over 9% in early trade on Friday, leading gains on the Nikkei 225. On Thursday, the company reported a 20.4% increase in revenue . . .
This is CNBC’s live blog covering Asia-Pacific markets. Markets in the Asia-Pacific were set to trade mixed as expectations of cooled inflation in the U.S. lifted investor sentiment in the region. On Friday, the University of Michigan consumer sentiment survey showed the one-year inflation outlook fell to 4%, the third straight monthly decrease and the […]
Pedestrians by the retail stores at Pitt Street Mall in Sydney, New South Wales, Australia, on Monday, Dec. 26, 2022. Brent Lewin | Bloomberg | Getty Images Asia-Pacific shares traded higher as investors looked ahead to the U.S. consumer price index, which would set the Federal Reserve’s trajectory in its attempt to tackle inflation after raising […]
Pedestrians cross a road in front of the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020. Kiyoshi Ota | Bloomberg via Getty Images Asia-Pacific shares opened in positive territory as investors look ahead to a highly anticipated Federal Reserve meeting and U.S. CPI data. […]