DIRS.INFO The most relevant business & tech news

The Tokyo Tower, left, and commercial and residential buildings at night in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesAsia-Pacific markets are set to rise on Friday after more inflation data out from the U.S. came in softer than expected, raising optimism that inflation could come down without weakening the labor market. "Most stock and bond index prices rose today as economic data indicates inflation has fallen quickly and the labor market remains strong," Bill Merz, senior investment director at U.S. Bank Wealth Management. June's producer price index rose less than anticipated, climbing 0.1% year on year, compared to the 0.2% expected by economists polled by Dow Jones. Hong Kong's Hang Seng index also looks set to continue its rally after surging more than 2.5% on Thursday.

Persons: Akio Kon, Bill Merz, Dow Jones Organizations: Bloomberg, Getty Images, U.S, Bank Wealth Management, Core PPI, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images Asia, Pacific, U.S, Chicago, Osaka, Australia

Sydney Harbour taking in the Harbour Bridge, Opera House and ferries at sunrise during the COVID-19 pandemic on April 20, 2020 in Sydney, Australia. Asia-Pacific markets are set to rise on Tuesday, tracking moves on Wall Street as U.S. markets snapped a three-day losing streak. Australia will release consumer confidence surveys out from Australia, while the Philippines will also publish its trade numbers for June. In Australia, futures for the S&P/ASX 200 were at 7,006, higher than the index's last close of 7,004. Japan's Nikkei 225 looks set to rise after a five day losing streak, with the futures contract in Chicago at 32,370, and its counterpart in Osaka at 32,310 against its last close at 32,189.73.

Organizations: Sydney Harbour, Opera House, Nikkei Locations: Sydney, Australia, Asia, Pacific, Philippines, Chicago, Osaka

General view of the financial district of Lujiazui in Pudong district in Shanghai on April 12, 2023. Asia-Pacific markets are set to largely rise ahead of key inflation reports this week, including the U.S. consumer price index report due Wednesday and the producer price index on Thursday. In the region, China's inflation rate and producer prices later today will provide more context to the country's recovery trajectory. Economists polled by Reuters expect the CPI reading to remain unchanged after producer prices plunged last month. However, Australia's S&P/ASX 200 is set to fall, with futures for the S&P/ASX 200 at 7,013, lower than the index's last close of 7,042.3.

Persons: Janet Yellen, Australia's Organizations: Reuters, Treasury, Nikkei Locations: Lujiazui, Pudong, Shanghai, Asia, Pacific, U.S, Beijing, Japan, Chicago, Osaka

Asia-Pacific markets are set to fall after minutes from the U.S. Federal Reserve revealed that the Federal Open Market Committee is set to deliver more rate hikes at a slower pace. In Japan, the Nikkei 225 fell 1.29% in its first hour of trade and the Topix shed 0.83%. This comes after China on Wednesday unexpectedly canceled EU High Representative for Foreign Affairs Josep Borrell's visit to China. Hong Kong's Hang Seng index is also set to fall, with futures at 18,956 compared to the HSI's last close of 19,110.38. In Southeast Asia, Malaysia's central bank is expected to hold its overnight policy rate steady at 3%, according to a Reuters poll.

Persons: Janet Yellen, Foreign Affairs Josep Borrell's Organizations: Skyline, U.S . Federal Reserve, Federal, Nikkei, U.S, Treasury, Wednesday, EU, Representative, Foreign Affairs Locations: Sydney, Australia, Asia, Pacific, Japan, South Korea, Beijing, China, Hong, Southeast Asia

Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Asia-Pacific markets were mixed as investors await the release of private surveys on services activity in China and Japan. In Japan, the Nikkei 225 fell 0.72% in its first hour of trade and the Topix inched 0.5% lower. Australia's S&P/ASX 200 fell fractionally after the Reserve Bank of Australia held rates at 4.1% on Tuesday. Hong Kong's Hang Seng index is also set to reverse its gains from Tuesday, with futures at 19,265 compared to the HSI's close of 19,415.68.

Persons: Korea's Kospi, Australia's, Hong Organizations: Nikkei, Reserve Bank of Australia Locations: Shanghai, China, Asia, Pacific, Japan, Philippines, Thailand

(Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images)Asia-Pacific markets largely fell ahead of Australia's central bank rate decision. Australia's S&P/ASX 200 opened close to the flatline on Tuesday. South Korea's Kospi fell marginally, while the Kosdaq bucked the trend and climbed 0.13%. The country's consumer price index grew at a slower rate of 2.7% in June, marking a fifth straight month of decline. Hong Kong's Hang Seng index is set to fall after gaining over 2% on Monday, with futures at 19,176 compared to the HSI's last close of 19,306.59.

Persons: Ed JONES, ED JONES, Australia's, Korea's Kospi Organizations: Getty Images, Reuters, Bank of Australia, Nikkei Locations: Seoul, AFP, Asia, Pacific, Australia's, Japan

A worker grinds at a workshop of an equipment manufacturing company in Qingzhou Economic Development Zone, East China's Shandong province, March 31, 2023. Asia-Pacific markets are set for a mixed open ahead of a slew of manufacturing activity reports being released around the region. Most notably, China's Caixin manufacturing purchasing managers index will be released today. Private surveys for factory activity in Japan, South Korea, Taiwan and India will be released today as well as Thailand, Indonesia, Malaysia, the Philippines and Vietnam. In Japan, the Nikkei 225 is set to open higher, with the futures contract in Chicago at 33,485, and its counterpart in Osaka at 33,420 against its last close at 33,189.04.

Persons: grinds Organizations: Reuters, Nikkei Locations: East China's Shandong province, Asia, Pacific, Japan, South Korea, Taiwan, India, Thailand, Indonesia, Malaysia, Philippines, Vietnam, Chicago, Osaka

Asia-Pacific markets are set for a mixed open as investors look to inflation data out of Japan and Singapore, as well as flash estimates from the au Jibun bank on Japan's manufacturing and services activity. Japan's core inflation rate in May eased slightly to 3.2% year-on-year, lower than April's 3.4% but still above the BOJ's 2% target. In Australia, futures for the S&P/ASX 200 were at 7,145, lower than the index's last close of 7,195.5. Should the losses hold, Australia is on pace for a third-straight day of losses, after seeing its largest one-day fall in June on Thursday. Mainland Chinese markets are closed Friday for a public holiday.

Organizations: Nikkei, Reuters Locations: Asia, Pacific, Japan, Singapore, Chicago, Osaka, Australia

Asia-Pacific markets are set for a mixed open Tuesday as investors closely watch for China's loan prime rate decision, after its central bank cut some of its key lending rates last week. Markets are widely expecting cuts to its 1-year and 5-year loan prime rates, with economists polled by Reuters expecting a 10-basis point cut and a 15-basis point cut, respectively. Hong Kong's Hang Seng index is expected to start the day largely unchanged, with futures at 19,913 compared to the HSI's close of 19,912.89. In Australia, futures for the S&P/ASX 200 were at 7,281, lower than the index's last close of 7,294.9, after the index closed in the green on Monday, the only one to do so among major Asian benchmarks. The Reserve Bank of Australia will release minutes for its June meeting.

Organizations: Reuters, Reserve Bank of Australia Locations: Asia, Pacific, Australia

Asia-Pacific markets are set to trade higher on Monday, with Japan's markets set to continue reaching 33-year highs. The Nikkei 225 has posted weekly gains for the last 10 weeks, and is set to extend this with a strong open. The futures contract in Chicago stood at 33,810, and its counterpart in Osaka was at 33,700 against its last close at 33,706.08. In contrast, Hong Kong's Hang Seng index looks to start the week lower, after the index saw a strong rally last week. HSI futures stood at 19,988 compared to the HSI's close of 20,040.37.

Persons: Antony Blinken Organizations: Nikkei, U.S Locations: Asia, Pacific, Chicago, Osaka, Australia, Beijing, China

Asia-Pacific markets are set to rise after the U.S. Federal Reserve held off on a rate hike while projecting that another two quarter percentage point moves are on the way before the end of the year. The latest decision left the Fed's key borrowing rate in a target range of 5%-5.25%.The central bank forecast it will raise interest rates as high as 5.6% before 2023 is over. In Asia, New Zealand fell into a technical recession after its first quarter gross domestic product fell 0.1% year on year, after reporting a revised 0.7% decline in the final quarter of 2022. Japan's May trade balance will be released later today as the Bank of Japan kicks off its two-day monetary policy meeting. China will release a slew of economic data, including industrial output, retail sales and house prices for May.

Persons: Hong Organizations: U.S . Federal Reserve, Nikkei, Bank of Japan Locations: Asia, Pacific, New Zealand, Japan, Chicago, Osaka, China

This gives room for the Federal Reserve to pause and skip a rate hike when they meet later this week. In Japan, the Nikkei 225 popped 1.05% on its open, inching closer to the Nikkei's all time high is just under 39,000 points in December 1989. In Australia, the S&P/ASX 200 climbed 0.32%, while South Korea's Kospi slipped 0.22% and the Kosdaq traded close to the flatline. South Korea's unemployment rate came in at 2.5% for May, falling for the second straight month and lower than the 2.6% recorded in April. Hong Kong's Hang Seng index is also set for a strong open, with futures at 19,535 compared to the HSI's close of 19,521.42.

Persons: Ed JONES, ED JONES, Kospi, Hong Organizations: Getty Images, Federal Reserve, Nikkei Locations: Seoul, AFP, Asia, Pacific, U.S, Japan, Australia, South

Asia-Pacific markets are set to largely rise on Tuesday ahead of the U.S. inflation report and Federal Reserve's two-day meeting later in the day – the central bank is widely expected to hold rates for the first time in 15 months while inflation's annual outlook marked a two-year low in the latest New York Fed survey. Japan's Nikkei 225 is set to reach new 2023-highs – its futures contract in Chicago is at 32,795, and its counterpart in Osaka at 32,644 against its last close at 32,434. Australian markets come back from a public holiday with futures for the S&P/ASX 200 at 7,123, just slightly higher than the index's last close of 7,122. However, Hong Kong's Hang Seng index is set to snap a four day winning streak, with futures at 19,358 compared to the HSI's close of 19,404.31.

Persons: Hong Organizations: Fed, Nikkei Locations: Asia, Pacific, Chicago, Osaka

Global central bank meetings will be under the spotlight this week, including the U.S. Federal Reserve, the Bank of Japan as well as the European Central Bank. Indonesia's consumer confidence, Malaysia's retail sales and India's industrial production and inflation rates will be published as well. Tuesday will be a market holiday in South Korea and Indonesia will publish its retail sales for the month of April. South Korea's import and export prices for May will be out on Wednesday alongside its unemployment rate. On Friday, Singapore's non-oil domestic exports for May will be published and the Bank of Japan will conclude its central bank meeting.

Persons: Singapore's, — Jihye Lee Organizations: U.S . Federal Reserve, Bank of Japan, European Central Bank, Federal, Market, Central Bank Locations: South Korea, Indonesia, U.S, China, New Zealand

A vegetables stall in the Haizhu area of Guangzhou, China, on Tuesday, May 9, 2023. China's consumer inflation slowed to the weakest pace in two years in April while producer prices fell deeper into deflation, reflecting muted domestic demand and softer commodity costs. Source: BloombergAsia-Pacific markets are set to rise after the S&P 500 hit a new high for 2023 and the Dow Jones Industrial Average saw a third straight day of gains. Asia investors will be watching for China's consumer price index for May, after the country saw its inflation rate sink to just 0.1% in April, it lowest point since November 2020. Producer prices, meanwhile, are expected to fall by 4.3% in May, according to a Reuters survey, which would mark the lowest since mid-2016.

Organizations: Bloomberg, Dow Jones Locations: Haizhu, Guangzhou, China, Bloomberg Asia, Pacific, U.S . Federal, Asia

Cranes unload shipping containers from a vessel at the Port of Fremantle in Perth, Australia, on Monday, Aug. 26, 2013. Asia-Pacific markets are set to fall as Wall Street saw a pause in its market rally and the broad market index fluctuated near its highest closing levels since August 2022. China's exports fell further than than expected and Australia's central bank defied market expectations by delivering a 25 basis-point hike. South Korea's Kospi inched down 0.23% in early trade, while the Kosdaq saw a larger loss at 0.43%. Hong Kong's Hang Seng index is also set to fall after a brief rally on Wednesday, with futures at 19,116 compared to the HSI's close of 19,252.

Organizations: Port, Nikkei, Reuters, Bank of Locations: Fremantle, Perth, Australia, Asia, Pacific, Japan, Bank of India

Cargo ships stop at their berths to load and unload containers at the container terminal in Lianyungang Port, East China's Jiangsu province, June 5, 2023. In Australia, the S&P/ASX 200 rose 0.25%, ahead of Australia's first quarter GDP numbers. The country's economy is expected to expand 2.4% year-on-year, slightly slower than the 2.7% recorded in the fourth quarter of 2022. Japan stocks were higher, with the Nikkei 225 inching closer to the 33,000 level and rising 0.47%. South Korea's markets came back from a public holiday with a positive start, with the Kospi climbing 0.28% and the Kosdaq up by 0.6%.

Persons: Philip Lowe Organizations: Reserve Bank of Australia, Nikkei Locations: Lianyungang Port, East China's Jiangsu, Asia, Pacific, Australia, Australia's, Japan, South

A pedestrian and jogger pass the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. Markets are "catching their breath after Friday's broad-based rally," said Ryan Detrick, chief market strategist at the Carson Group. "It's a very lackluster news day, which isn't a bad thing as we consolidate some of those big recent gains we've had." Australia's S&P/ASX 200 opened 0.35% down ahead of the country's central bank rate decision. The Reserve Bank of Australia is expected to hold rates at 3.85%, according to a Reuters poll.

Persons: Ryan Detrick, we've Organizations: Reserve Bank of Australia, Carson Group, Nikkei Locations: Sydney, Australia, Asia, Pacific, Japan, South

Asia-Pacific markets are set to rise after U.S. President Joe Biden signed into law a debt ceiling bill that allowed the U.S. to avert defaulting on its financial obligations over the weekend. The compromise debt ceiling bill passed the Senate by a 63-36 margin Thursday evening, winning enough support from both parties to overcome the chamber's 60-vote threshold to avoid a filibuster. The next level to watch for investors will be the 32,644 mark which would breach its highest since July 1990. Oil futures also surged as the Organization of the Petroleum Exporting Countries (OPEC) kingpin Saudi Arabia's decision to cut oil production by another million barrels per day. Prices of Brent crude were 2.35% up at 77.94, while West Texas Intermediates was up 2.43% at 72.48.

Persons: Joe Biden, Brent Organizations: Nikkei, of, Petroleum, Saudi Locations: Asia, Pacific, Japan, Chicago, Osaka, West Texas

People are reflected in an electronic quotation board displaying the 225-issue Nikkei Stock Average (top) as they cross a street in Tokyo on May 17, 2023. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)Asia-Pacific markets were mostly higher on Thursday ahead of a final vote on the bill to raise the U.S. debt ceiling after it passed a key procedural hurdle in the House overnight. Private surveys for factory activity data for China, Japan, South Korea as well as several Asean countries will be released later today. In Japan, the Nikkei 225 saw a 0.18% gain after it retreated from the 31,000 mark on Wednesday, with the Topix also up by 0.22%. HSI futures stood at the lowest the index has been since Nov 28, 2022.

Persons: Kazuhiro NOGI, KAZUHIRO NOGI, Australia's Organizations: Nikkei, Getty Images, Asean Locations: Tokyo, AFP, Asia, Pacific, China, Japan, South Korea

Asia-Pacific markets are set to fall as Wall Street considered the likelihood of Congress passing a tentative deal on raising the U.S. debt ceiling amid growing opposition within the GOP on the tentative deal that House Speaker Kevin McCarthy and U.S. President Joe Biden agreed over the weekend. Australia will publish its seasonally adjusted April inflation figures, and a rate decision from Thailand's central bank, among others. In Australia, futures for the S&P/ASX 200 were at 7,187, lower than the index's last close of 7,209.3, ahead of its unemployment figures for April. Economists polled by Reuters expect the country's weighted inflation rate in April to slow slightly to 6.4%. Hong Kong's Hang Seng index is set to fall further despite a late rally in Tuesday session, with futures at 18,260 compared to the HSI's close of 18,595.78.

Persons: Kevin McCarthy, Joe Biden Organizations: GOP, Nikkei, Reuters Locations: Asia, Pacific, Australia, Thailand's, Japan, Chicago, Osaka, 31,328.160

SYDNEY, AUSTRALIA - A person jogging passes the Sydney Opera House as the rising sun reflects off buildings in the central business district (CBD) on September 28, 2021 in Sydney, Australia. The U.S. Congress is set to vote on the legislation as early as Wednesday. Lawmakers have not signaled that they intended to return to Capitol Hill early to work on the deal. In Australia, futures for the S&P/ASX 200 were at 7,224, higher than the index's last close of 7,217.4. Hong Kong stocks meanwhile are set to touch new lows for the year, with Hang Seng index futures at 18,522, headed to mark a fifth straight session of losses.

U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) in the Oval Office at the White House in Washington, U.S., May 22, 2023. Asia-Pacific markets are largely set to rise ahead after U.S President Joe Biden and congressional leaders reached a tentative deal to raise the debt ceiling over the weekend. The Nikkei previously reached 33-year highs last week, marking an intra-day high of 31,331.62 on May 23. In Australia, futures for the S&P/ASX 200 were at 7,245, higher than the index's last close of 7,154.8. Stocks in Hong Kong are set to buck the trend despite the overall optimism, with Hang Seng index futures at 18,536 compared to the HSI's close of 18,746.92.

A pedestrian looks at an electronic quotation board showing numbers of the Nikkei 225 index in Tokyo on September 11, 2020. Asia-Pacific markets are mixed after Wall Street saw a tech rally led by Nvidia, and U.S. negotiators moved closer to a debt ceiling deal with just a week to go before the government faces a potential default. In Japan, the Nikkei 225 rose 0.31% to end the day at 30,916 after surpassing the 31,000 mark earlier in the day. South Korea's Kospi rose 0.16% to end at 2,558.81, reversing losses from Thursday , while the Kosdaq was down 0.53% and finished at 843.23. In Australia, the S&P/ASX 200 closed 0.23% at 7.154.8 after reversing earlier losses and snapping a four day losing streak.

Organizations: Nikkei, Nvidia, U.S, Shanghai, Shenzhen Component Locations: Tokyo, Asia, Pacific, Japan, Australia, Shenzhen, 10.909.65

(Photo by Ed JONES / AFP)Hong Kong's Hang Seng index led losses in Asia on Thursday, falling about 2% to close at 18,746.92 — the lowest level this year. Mainland Chinese markets also fell, with the Shanghai Composite down 0.11% to finish at 3,201.26, its lowest close in over four months. The Shenzhen Component closed 0.22% lower at 10,896.48 in its third straight day of losses. Australia's S&P/ASX 200 declined 1.07% to end at 7,136.9 and record its fourth straight day of losses. The index also hit its lowest level in about two months.

Persons: Ed JONES, Hong, Australia's Organizations: Lotte, Shenzhen Component, Bank of Korea, Nikkei Locations: Seoul, AFP, Asia, Shanghai, Pacific, Japan

Search resuls for: "Jihye Lee Lim Hui Jie"

25 mentions found