DIRS.INFO The most relevant business & tech news

☆ European markets set for another upbeat open as positive momentum builds
▼ + stars: | 2024-04-24 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are set to open in positive territory Wednesday, building on gains seen since the start of the week. Regional stocks closed higher Tuesday, with the U.K.'s FTSE 100 hitting a fresh intraday record high as investors built on upbeat sentiment this week. Europe's markets have been buoyed by gains in Asia and on Wall Street this week, where investors have been keeping a close eye on tech earnings. Overnight, Japan's Nikkei 225 led gains in Asia as markets in the region rose across the board, while S&P 500 futures edged higher Tuesday night as investors parsed the latest financial releases from corporate America.

Organizations: Nikkei Locations: Asia, America

☆ Asia markets extend gains ahead of business activity figures from around the region
▼ + stars: | 2024-04-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Nurphoto | Nurphoto | Getty ImagesAsia-Pacific markets extended gains from Monday as tech shares rebounded on Wall Street and investors look toward flash business activity figures from Australia, Japan and India. Figures from S&P Global show that Australia's composite purchasing managers index hit a two-year high, coming in at 53.6 against March's 53.3. Japan and India's PMI numbers will be released later Tuesday. Japan's Nikkei 225 popped 0.8% at the open, while the broad based Topix was up 0.66%. Futures for Hong Kong's Hang Seng index stood at 16,681, pointing to a weaker open compared to the HSI's close of 16,511.69.

Persons: Kospi Organizations: Nurphoto, Getty, March's, PMI, Nikkei Locations: Jama, New Delhi, India, Asia, Pacific, Australia, Japan

☆ Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran
▼ + stars: | 2024-04-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Read previewOil prices jumped while stocks sold off after reports of an escalation in Middle East tensions. International benchmark Brent crude oil futures rose as much as 4.2% before trading 2.8% higher at $89.54 a barrel at 11:15 p.m. EDT. The strike on Friday came days after Iran attacked Israel on Saturday with a barrage of more than 300 missiles and drones. Israel didn't claim responsibility for the strike, but Iran held it accountable and vowed retaliation. Oil markets shrugged off Iran's attack on Israel as the market assessed the conflict would remain contained.

Persons: —, Israel didn't, Israel, Kyle Rodda, Rodda Organizations: Service, Brent, US West Texas, Business, ING, Stock Locations: East, Israel, Iran, Iran's, Damascus, Syria

☆ Morgan Stanley names global ‘alpha’ stock ideas for April — and gives one nearly 30% upside
▼ + stars: | 2024-04-16 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Looking ahead, those searching for pockets of opportunities in the region can look to Morgan Stanley's selection of "alpha" stocks. Among the "notable top-ranked stock ideas" on its list is South Korean commercial bank Hana Financial Group. "Our Korea Financial analyst, Joon Seok ... believes large-cap banks are key beneficiaries of the corporate reform theme," Morgan Stanley's analysts said. Here are 10 stocks from Morgan Stanley's full list of top overweight-rated stocks for April. Notable bottom-ranked stocks Morgan Stanley named its "notable bottom-ranked stock ideas."

Persons: India's, Morgan Stanley's, Joon Seok, Morgan, Joon, Morgan Stanley, Santos, — CNBC's Michael Bloom Organizations: Japan's Nikkei, CSI, Alpha, Japan, Hana Financial, Korea Financial, Financial Services, Novatek Microelectronics, Analysts, Morgan, Berger Paints Locations: India, Japan, China, Asia, Pacific, Korean

☆ Asia markets extend declines amid Iran-Israel tensions; China economic data on deck
▼ + stars: | 2024-04-16 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A batch of cars are ready to be shipped to overseas markets at the port of Taicang, Jiangsu province, China, April 9, 2024. Future Publishing | Future Publishing | Getty ImagesAsia-Pacific markets extended their declines as the world awaits Israel's response to Iran's air assault over the weekend. On Tuesday, China's first-quarter gross domestic product numbers will be in focus, with the world's second-largest economy expected to grow 4.6% from a year ago. Futures for Hong Kong's Hang Seng index stood at 16,430, pointing to a weaker open compared to the HSI's close of 16,600. Japan's Nikkei 225 plunged 1.5% at the open, while the broad based Topix was down 1.04%.

Persons: China's, Kospi Organizations: Future Publishing, Getty, Nikkei Locations: Taicang, Jiangsu province, China, Asia, Pacific, Australia

☆ Asia markets climb as U.S. Treasury yields pressure Wall Street; data from Australia and Japan on deck
▼ + stars: | 2024-04-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

An aerial view of the central business district and Sydney Opera House on February 17, 2023. On Tuesday, investors in Asia will observe business confidence surveys from Australia and consumer confidence data from Japan. Asia-Pacific markets climbed even as U.S. Treasury yields put pressure on Wall Street equities Monday. Futures for Hong Kong's Hang Seng index stood at 16,831, pointing to a weaker open compared to the HSI's close of 16,732.85. Treasury yields rose, with the rate on the benchmark 10-year Treasury note up about 4 basis points to 4.42%.

Persons: CNBC's Hakyung Kim, Yun Li Organizations: Sydney Opera House, Treasury, Wall, Nikkei, Dow Jones, Nasdaq Locations: Asia, Australia, Japan, Pacific, U.S, . Federal

☆ European markets set to open mixed in lackluster short trading week; fresh euro zone data due
▼ + stars: | 2024-04-05 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

European markets look set for a mixed open on Friday as investors wrap up a lackluster first trading week of the new quarter. Markets have struggled to gain traction this week, with the Stoxx 600 index closing just slightly higher Thursday. During Friday's session, investors will digest fresh data on euro zone construction and retail sales, as well as U.K. house prices. Markets in Asia-Pacific moved lower Friday, led by declines for Japan's Nikkei 225, after comments from U.S. Federal Reserve officials fueled worries that the central bank could hold off on rate cuts. U.S. stock futures also turned lower on the comments, with the Dow Jones Industrial Average having notched its worst trading day in more than a year Thursday.

Organizations: Nikkei, U.S . Federal Reserve, Dow Jones Locations: Asia, Pacific, U.S

☆ 'A fantastic market': Strategist names one under-the-radar stock to play in Japan right now
▼ + stars: | 2024-04-03 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +1 min

Several investors have been looking favorably at Japanese stocks in the past few months, and market strategist Matt Orton is no exception. "Japan overall, has been a fantastic market ... Japan was the top performer within the Asian equity market complex," the chief market strategist at asset management firm Raymond James Investment Management told CNBC's " Squawk Box Asia " on April 1. One stock that stands out to Orton is Sumitomo Mitsui Financial Group . Of the 14 analysts covering the stock, 10 give it a buy or overweight rating, while four have a hold rating, according to FactSet data. Analysts' average price target for the stock is 9,537.50 Japanese yen ($62.89), giving it around 11% potential upside.

Persons: Matt Orton, Raymond James, CNBC's, levered, they've, Orton Organizations: Raymond James Investment Management, Japan's Nikkei, Tokyo Exchange, Orton, Sumitomo Mitsui Financial Group, Sumitomo Locations: Japan, Tokyo, Indonesia, India, Vietnam, Philippines

☆ Asia markets fall as shares of electric vehicle makers in focus
▼ + stars: | 2024-04-03 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

A customer is paying attention to the Chinese stock market at a stock exchange in Hangzhou, China, on January 22, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty ImagesAsia-Pacific stocks declined Wednesday after a mixed session, with markets watching for moves in electric vehicle makers. Tesla's first-quarter vehicle deliveries dropped 8.5% from a year ago, sending shares of the U.S. EV maker down 5%. Japan's Nikkei 225 is down over 1.3% on its open, with the broad based Topix 0.82% lower. Futures for Hong Kong's Hang Seng index stood at 16,907, pointing to a marginally lower open after the index ended more than 2% higher at 16,931.52.

Persons: Tesla's, BYD, Kospi Organizations: Getty, Nurphoto, U.S, U.S . Federal Reserve, Japan's Nikkei Locations: Hangzhou, China, Asia, Pacific, Australia

☆ Asia markets mixed with focus on South Korea inflation print, factory data from Australia and India
▼ + stars: | 2024-04-02 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A customer pays for his purchase at a dried food stall in Seoul, South Korea, on Thursday, March 3, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets were mixed Tuesday, as investors assessed economic data from South Korea and Australia. South Korea's March inflation rate held steady at 3.1%, in line with expectations from economists polled by Reuters. Factory activity data from India is also due later in the day, with economists polled by Reuters expecting a stronger PMI reading of 59.4. South Korea's Kospi was down 0.34% and the Kosdaq slid 1.11% after the inflation reading.

Persons: SeongJoon Cho, Kospi Organizations: Bloomberg, Getty Images Bloomberg, Getty, Reuters, Nikkei Locations: Seoul, South Korea, Asia, Pacific, Australia, India

☆ CNBC Daily Open: Fights in Mickey's club house
▼ + stars: | 2024-04-02 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Actors dressed as Walt Disney characters Mickey Mouse (left) and Minnie Mouse (right) perform during a press preview for the "Minnie Besties Bash!" This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. stocks got off to a tentative start for the second quarter as Treasury yields rose on Monday. [PRO] Top 2Q betsBank of America names its top picks for the second quarter, including one Big Tech company.

Persons: Walt Disney, Mickey Mouse, Minnie Mouse, Minnie Besties, Korea's, Jerome Powell's Organizations: Tokyo Disneyland, CNBC, Asia Hong, Japan's Nikkei, CSI, U.S, Rapidus Corporation, of America, Big Tech Locations: Tokyo, Urayasu, Japan, Asia Hong Kong, Asia, Pacific, U.S, Beijing, China, Korea, Taiwan, Hokkaido

☆ Japan stocks set to rebound, while most Asia-Pacific markets are closed
▼ + stars: | 2024-03-29 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: 1 min

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Japan's stock markets were set to bounce Friday, while most markets in the Asia-Pacific region stay shut for a public holiday. Japan's Nikkei 225 is set to rebound, with the futures contract in Chicago at 40,440 and its counterpart in Osaka at 40,390 against the index's last close of 40,168.07. The Japanese yen will be closely watched during the session amid speculation of a possible intervention after the currency recently hit 34-year lows against the U.S. dollar at 151.97. It last traded near 151.42 against the greenback.

Organizations: Tokyo Stock Exchange, Japan Exchange Group Inc, Nikkei, U.S, greenback Locations: Tokyo, Japan, Asia, Pacific, Chicago, Osaka

☆ CNBC Daily Open: Focus turns to key inflation data
▼ + stars: | 2024-03-28 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Photographer: Christopher Dilts/Bloomberg via Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Xi on China tech progressChinese President Xi Jinping told Dutch Prime Minister Mark Rutte that no force can stop China's tech advance. Separately, Xi also told U.S. executives that bilateral ties can have a "brighter future" and vowed to improve the business environment. The next few days could prove crucial in diverting trade away from the port, logistics executives told CNBC, after a container ship collided into the Francis Scott Key Bridge early Tuesday.

Persons: Christopher Dilts, Topix, Xi, Xi Jinping, Mark Rutte, Janet Yellen, Yellen, Francis Scott Key, David Neuhauser Organizations: Bloomberg, Getty, CNBC, Nikkei, U.S ., CSI, Dow, Nasdaq, Dutch, Xinhua News Agency, U.S, Treasury, Francis Scott Key Bridge, Livermore Partners Locations: Chicago , Illinois, Japan, Seng, China, Beijing, U.S, Baltimore, Port of Baltimore

☆ Where Japan's market is heading
▼ + stars: | 2024-03-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhere Japan's market is headingShuntaro Takeuchi, Matthews Japan Fund portfolio manager, joins 'The Exchange' to discuss the current health of Japan's Nikkei, corporate profit growth trends in Japan, and more.

Persons: Shuntaro Takeuchi, Matthews Organizations: Matthews Japan Fund, Japan's Nikkei Locations: Matthews Japan, Japan

☆ Asia markets poised for mixed open as investors await inflation data from the region this week
▼ + stars: | 2024-03-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Roslan Rahman | AFP | Getty ImagesAsia-Pacific markets were set to open mixed as investors await a slew of inflation reports from the region. Singapore and Malaysia will release their February inflation reports on Monday, while Australia's inflation numbers will be out on Wednesday. Tokyo's inflation numbers are due Friday. The capital's inflation numbers are widely seen as a leading indicator of nationwide trends. Futures for Hong Kong's Hang Seng index stood at 16,515, pointing to a slightly stronger open compared with the HSI's last close of 16,499.47.

Persons: Roslan Rahman Organizations: AFP, Getty, Nikkei Locations: Sands, Singapore, Asia, Pacific, Malaysia, Australia, Chicago, Osaka

TOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates. A top Japanese finance official expressed reservations about the recent surge in the U.S. dollar against the Japanese yen, fueling speculation about possible intervention in the market. Despite the BOJ’s decision to hike rates, cautious communication failed to stimulate demand for the Japanese yen,” said Luca Santos, currency analyst ACY Securities. The yield on the 10-year Treasury fell to 4.21% from 4.27% late Thursday. The U.S. Federal Reserve has indicated it may deliver three cuts to interest rates this year, as long as inflation keeps cooling.

Persons: Seng, Korea's Kospi, ”, Luca Santos, Brent Organizations: TOKYO, Reserve, Nikkei, Shanghai, U.S ., U.S, of, of Japan, ACY Securities, Dow Jones, Nasdaq, Treasury, U.S . Federal Locations: of Japan, Japan, U.S

☆ CNBC Daily Open: U.S. labor market is in 'good shape'
▼ + stars: | 2024-03-25 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Asia stocks mixedAsia markets were mixed Monday with a slew of inflation data from the region due for release this week. Wall Street ended Friday on a mixed note ahead of a shortened four-day trading week due to the Good Friday holiday. "We really believe in style diversification and feel that remaining diversified with value and growth stocks remains prudent," Benson said.

Persons: Seng, Dow, Kristalina Georgieva, Aaron Benson, Baird, Benson Organizations: CNBC, CSI, Nikkei, Nasdaq, IMF, China, International Monetary Fund, Intel, AMD, Financial Times Locations: Asia, China, Beijing

☆ CNBC Daily Open: U.S. consumer sentiment stays stable amid inflation worries
▼ + stars: | 2024-03-19 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. stocks ended higher with the Federal Reserve's policy meeting in focus. [PRO] Bullish on PalantirBrian Stutland of Equity Armor Investments calls Palantir a "promising AI investment" and a "serious player" in the space. They are really starting to become very creative in the AI world," he said of the company, known for its government contract work in defense and intelligence.

Persons: Jensen Huang, Blackwell, Amin Nasser, Brian Stutland, Palantir Organizations: CNBC, Nikkei, CSI, Federal, Dow, Nasdaq, Bank of Japan, Equity, Investments Locations: Seng, Bank, San Jose, Aramco, Saudi Aramco

☆ European stocks set to open slightly higher as markets look ahead to Fed meeting
▼ + stars: | 2024-03-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a lackluster start to the new trading week, with global investors looking ahead to the next monetary policy meeting of the U.S. Federal Reserve. The Fed will start its Federal Open Market Committee meeting on Tuesday with a police decision due the next day. A Reuters poll of economists is expecting the Fed to hold its benchmark interest rates steady at 5.25% to 5.5%. Overnight, Japan's Nikkei 225 index led gains in Asia-Pacific markets on Monday, while China shares extended gains after data showed its economy kicked off the year on a strong note. U.S. stock futures climbed on Monday morning.

Organizations: U.S . Federal Reserve, Open, Nikkei Locations: Asia, Pacific, China

☆ Asia markets set to fall after hot U.S. inflation report; first estimates from Japan's wage negotiations expected
▼ + stars: | 2024-03-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A man walks past the People's Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service | China News Service | Getty ImagesAsia-Pacific markets were set to fall after producer prices in the U.S. grew faster than expected in February, coming in at 0.6% last month. Excluding food and energy prices, core PPI climbed 0.3% in February. Economists polled by Dow Jones had expected a 0.3% gain for headline PPI and a 0.2% increase for the core reading. Investors in Asia will be watching out for any news from Japan's spring wage negotiations, with first estimates expected to come out later in the day.

Persons: Jiang Qiming, Dow Jones Organizations: People's Bank of China, China News Service, Getty Images China, Service, Getty, PPI, Nikkei, People's Bank of Locations: Beijing, China, Asia, Pacific, U.S, Chicago, Osaka, People's Bank of China, Australia

TOKYO (AP) — Global shares are mixed Thursday in lackluster trading. U.S. shares were set to drift higher with Dow futures up nearly 0.3% at 39,632.00. Nissan Motor Co. stock jumped 2.2% after an unconfirmed Japanese media report that the automaker behind the Leaf electric car was about to enter an agreement on EVs with domestic rival Honda Motor Co. Honda shares rose 1.1%. Photos You Should See View All 60 ImagesThe Japanese central bank has set a target of 2% inflation. That higher inflation has in turn dashed Wall Street’s hopes that the Federal Reserve could start offering relief at its meeting next week by cutting interest rates.

Persons: Germany's DAX, Sydney's, Hang Seng, ”, Anderson Alves, Brent Organizations: TOKYO, —, CAC, Dow, Nikkei, Nissan Motor Co, Honda Motor Co, Honda, Nissan, Bank of Japan, Bank of, Federal Reserve, Fed, U.S Locations: Hong, Shanghai, ActivTrades, Bank of Japan

☆ Asia markets set for mixed open as Wall Street rally falters; India wholesale inflation on deck
▼ + stars: | 2024-03-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on February 16, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty ImagesAsia-Pacific markets are set for a mixed open after Wall Street's tech-fueled rally dissipated, with Nvidia falling 1.1%, Meta slipping 0.8% and Apple dropping 1.2%. On Thursday, investors will assess India's wholesale inflation, while also monitoring any news coming out of Japan's spring wage negotiations. Japan's wage negotiations wrapped up on Wednesday, with the first overall estimate due out on Friday. Japan's Nikkei 225 is set to fall following these reports as markets price in the possibility of the BOJ tightening policy.

Persons: Pratik Organizations: Hindustan Times, Getty, Nvidia, Apple, Bank of Japan, Japan's Nikkei Locations: Mumbai, India, Asia, Pacific, Chicago, Osaka, Australia

☆ CNBC Daily Open: Stubborn inflation is a problem for the Fed
▼ + stars: | 2024-03-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Despite high inflation, the BOJ hasn't really shifted from its ultra-loose monetary policy that has been in place in 2016. Rate cut pivot in 2024Central banks worldwide could make a rate cut pivot in 2024. Boeing crisis hurt airlinesCEOs from several airlines say Boeing's delivery delays have forced the carriers to change their growth plans.

Persons: Thomas Calomiris Organizations: Washington , DC, CNBC, Japan's Nikkei, Dow, Nasdaq, Bank of Japan, Economist Intelligence, Boeing, Alaska Airlines Max, Southwest Airlines, Alaska Airlines, United Locations: Washington ,, Asia, BOJ, Central, Beijing

☆ CNBC Daily Open: Wall Street wary as inflation data looms
▼ + stars: | 2024-03-12 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. stocks ended mixed as investors await key inflation data for clues on the Federal Reserve's path on rate cuts. "The question is to what extent and how broad will it be," he told CNBC. Web inventor's top predictionsTim Berners-Lee, recognized for inventing the World Wide Web, told CNBC his top predictions for the future of the web — and how it will be transformed by Al.

Persons: Patria Stodghill, vender Susan Mendoza, Hang Seng, Dow, Shaun Rein, it's, Steven Okun, Tim Berners, Lee Organizations: Patria, Washington , DC, CNBC, CSI, Nikkei, Nasdaq, China Market Research, APAC Advisors, Al, Barclays Locations: Washington ,, Hong Kong, Asia, China, U.S, Washington

☆ Asia markets poised to fall after Wall Street rally pauses; China exits deflation territory as prices rise
▼ + stars: | 2024-03-11 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Customers at a fresh food market in Shanghai, China, on Monday, Aug. 7, 2023. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets were set to fall Monday after Wall Street's rally took a breather, with artificial intelligence darling Nvidia finishing down more than 5% in its worst session since late May. Separately, China recorded its first month of inflation in four months with the country's consumer price index climbing 0.7% year on year in February. In Australia, the S&P/ASX 200 started the week down 1.21%, retreating from its all-time high and snapping a three-day winning streak. Japan's Nikkei 225 is also set to fall, with the index likely slipping below the 39,000 mark for the first time since Feb. 21.

Persons: Wall Organizations: Bloomberg, Getty, CPI, Reuters, Nikkei Locations: Shanghai, China, Asia, Pacific, Australia, Chicago, Osaka

Search resuls for: "Japan's Nikkei"

25 mentions found