Tag: Asia Economy
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Asia-Pacific markets open lower on renewed Middle East tensions
Asia-Pacific markets open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.
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India’s central bank may hike rates to defend its currency
A falling currency and rising risk of higher inflation could prompt India’s central bank to hike interest rates.
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CNBC Daily Open: Nvidia stars at Computex as markets hit records
AI momentum drove Wall Street to fresh records, even as conflicting U.S.-Iran signals and new tariff threats on Brazil kept geopolitical tensions in focus.
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Australia’s first-quarter economic growth misses estimates on severe weather, weak demand
The country’s GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists’ expectations for a 2.6% growth.
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Korea’s stock market has doubled in 2026, and Goldman still sees another 35% upside
South Korea’s stock market has already doubled this year, but some strategists say the rally may still have room to run.
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Japan’s Nikkei hits record high as Asia markets rise amid Middle East concerns
Asia-Pacific markets opened higher even amid concerns over volatile oil prices with the Strait of Hormuz remaining closed.
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