Treasury yields fall following Fed minutes

US Treasury yields fell on Thursday morning, as investors digested the latest Federal Reserve meeting minutes. The yield on the benchmark 10-year Treasury note ebbed 3 basis points to 2.7165% at 3:45 am ET. The yield on the 30-year Treasury bond moved 2 basis points lower to 2.9412%. Yields move inversely to prices and 1 … Read more

U.S. Fed minutes point to more rate hikes ahead

Stock picks and investing trends from CNBC Pro: US Fed minutes released Wednesday showed officials are prepared to move ahead with several 50 basis point interest rate hikes. The Federal Open Market Committee also said policy may have to move away from “neutral” and into “restrictive” territory. Shares on Wall Street rose following the release … Read more

Investors watch for reaction to overnight tech sell-off

SINGAPORE – Shares in Asia-Pacific appeared set for a lower start on Wednesday following an overnight tech sell-off on Wall Street as investors fled social media stocks. In Japan markets, the Nikkei futures contract in Osaka was at 26,690, lower compared against the Nikkei 225’s last close at 26,748.14. Australian stocks looked poised for a … Read more

European markets open to close, data, earnings, Davos

LONDON – European stocks are expected to open lower Tuesday as US markets struggle to maintain a comeback rally. The UK’s FTSE index is seen opening 35 points lower at 7,468, Germany’s DAX 47 points lower at 14,099, France’s CAC 40 down 28 points at 6,310 and Italy’s FTSE MIB 168 points lower at 23,945, … Read more

U.S.-China tariffs, oil and currencies

SINGAPORE – Markets in Asia-Pacific were subdued in early trade on Tuesday, as investors weighed a possible thawing of US-China trade relations as US President Joe Biden floated the idea of ​​tariff cuts on Chinese goods. In Japan, the Nikkei 225 was down 0.4% in early trading, while the Topix was lower by 0.2%. South … Read more

Asia Markets: Stocks, economic growth, earnings

SINGAPORE – Shares in the Asia-Pacific region were poised to open mixed on Monday as global concerns continue to plague markets. In Japan markets, the Nikkei futures contract in Chicago was at 26,920, while its counterpart in Osaka was at 26,750. The Nikkei 225 closed at 26,739.03 on Friday. Australia’s SPI futures were at 7,129, … Read more

China benchmark lending rate, Wall Street losses

SINGAPORE – Shares in the Asia Pacific markets rose on Friday, with Hong Kong stocks leading gains as a volatile trading week comes to a close. The Hang Seng index jumped 2.2% in early trade and was last up 1.85%, while the Hang Seng Tech index spiked 3.55%. Chinese stocks listed in Hong Kong traded … Read more

Japan’s Nikkei 225 falls more than 2% as Asia-Pacific stocks fall

SINGAPORE – Shares in Asia-Pacific slipped Thursday morning after heavy losses on Wall Street overnight. The Nikkei 225 in Japan slipped 2.63% in early trade while the Topix index shed 2.31%. Japan’s exports rose 12.5% ​​year-on-year in April, data from the country’s Ministry of Finance showed Thursday. That was lower than expectations for a 13.8% … Read more

Asia stocks mixed; Japan’s first quarter GDP data released

SINGAPORE – Shares in Asia-Pacific were mixed Wednesday morning following overnight comments from US Federal Reserve Chairman Jerome Powell, who said he’s resolved to raise rates until inflation comes down. The Nikkei 225 in Japan rose 0.7% while the Topix index traded 0.67% higher. Japan’s economy shrank 1% on an annualized basis in January-March as … Read more

Countries banning food exports amid rising prices, inflation

Workers unload wheat sacks from a truck at a Punjab Grains Procurement Corp. facility in the Ludhiana district of Punjab, India, on Sunday, May 1, 2022. T. Narayan | Bloomberg | Getty Images India has banned wheat exports, becoming the latest country to do so as the price of grain surged this year due in … Read more