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Business & Finance

A global bond sell-off is deepening as investors pare Fed rate cut expectations

The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee. Brooks Kraft | Getty Images A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs for consumers and businesses around the world. Bond yields […]

Business & Finance

South Korea turmoil, PBOC rate cuts

China’s biggest policy meeting in six years kicks will kick off this week. Wang Yukun | Moment | Getty Images China stocks extended declines on Friday in a bumpy start to the new year, despite gains in the broader Asia-Pacific region, as investors assessed Beijing’s policy signals. Mainland China’s benchmark CSI 300 index fell 1.18% […]

Business & Finance

South Korea turmoil, PBOC rate cuts

The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets opened higher Friday, breaking ranks with Wall Street peers that ended lower on the first trading session of 2025, weighed down by tech stocks. The People’s Bank of China is reportedly planning to cut interest […]

Business & Finance

Asian markets resume trading after New Year’s Day holiday; China PMI

Bustling city, Dongsanhuan Ring Road, CBD, Beijing, China. Xiaoyang Liu/Construction Photography/Avalon | Getty Images Asian stocks traded mixed Thursday, with China stocks leading losses as several major markets resumed trading after New Year’s Day holiday. China’s Caixin/S&P Global manufacturing purchasing managers’ index for December fell to 50.5, missing economists’ forecast of 51.7 in a Reuters […]

Business & Finance

Bitcoin (BTC) price predictions for 2025

Representations of cryptocurrency Bitcoin are seen in this illustration taken Nov. 25, 2024. Dado Ruvic | Reuters After a blistering rally in bitcoin this year, crypto investors and industry executives told CNBC they’re expecting the flagship cryptocurrency to hit new all-time highs in 2025. In December, the world’s largest cryptocurrency broke the highly anticipated $100,000, […]

Business & Finance

Bank of Japan meeting minutes

People posing for photos in front of a Christmas light installation in central Seoul on December 22, 2023. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets opened higher on Christmas Eve, after key U.S. benchmarks rose overnight helped by gains in tech stocks. Japan’s Nikkei 225 and Topix were nearly flat as minutes of […]

Business & Finance

Nissan Honda merger, Singapore CPI in focus

Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets were set to start the holiday-shortened Christmas week on a positive note, after a U.S. government shutdown was averted over the weekend. On Monday, investors will be looking out for any official announcement related […]

Business & Finance

stock sell-off after Fed rate cut is healthy

The stock sell-off on Wall Street was “healthy,” as the Federal Reserve’s cautionary projection on future rate cuts gives investors a “reality check,” according to Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School. The U.S. Federal Reserve cut interest rates by a quarter percentage point at its last meeting of the […]