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☆ Asia markets largely set to rise ahead of trade and factory activity data from Japan
▼ + stars: | 2024-01-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A flag of Japan flies near cargo containers at Tokyo's Odaiba Waterfront on August 6, 2020. Asia-Pacific markets are largely set to rise as investors monitor economic data out of Japan as well as factory activity data from Australia. Japan will release its December trade data and see private surveys from the au Jibun bank on its January purchasing managers index, a day after the Bank of Japan left its monetary policy unchanged. Australia also saw flash PMI surveys from Juno Bank, which showed an expansion in manufacturing activity in January after 11 straight months of contraction. Business activity in the country also saw a softer contraction in January compared to December.

Organizations: Bank of Japan, Juno Bank Locations: Japan, Asia, Pacific, Australia

☆ Asia markets poised for fall ahead of private business activity reports from Australia and Japan
▼ + stars: | 2023-08-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Singapore has overtaken Japan to boast of the world's most powerful passport, the Henley Passport Index showed. This comes as investors assess private business activity surveys from Australia and Japan, as well as inflation figures from Singapore. Asia-Pacific markets are set to fall, reversing gains markets made across the board on Monday. In Australia, futures for the S&P/ASX 200 point to a lower open, at 7,059 compared with the last close of 7,121.6. Futures for Hong Kong's Hang Seng index stood at 17,655, pointing to a weaker open compared to the HSI's close of 17,791.01.

Organizations: Singapore ., Juno Bank, Japan's Nikkei, PMI Locations: Singapore, Japan, Australia, Singapore . Asia, Pacific, Chicago, Osaka

☆ Japan stocks snap seven-day winning streak as Hong Kong sinks to 2-month low
▼ + stars: | 2023-05-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

(Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)Asia-Pacific markets mostly slid on Tuesday as talks between U.S President Joe Biden and House Speaker Kevin McCarthy ended without a deal. House Speaker Kevin McCarthy said he had a "productive" and "professional" meeting, and said "I think the tone tonight was better than any other night we've had discussions," McCarthy said outside the West Wing following the hourlong meeting. In Japan, the Nikkei 225 closed 0.42% down at 30,957, snapping its seven day winning streak. Hong Kong's Hang Seng index reversed earlier gains and to sink 1.27% to 19,428.08, its lowest closing levels since March 21, while mainland Chinese markets also traded lower. The Shanghai Composite closed down 1.52% at 3,246.24 while the Shenzhen Composite ended down 1.03% at 11,012.58.

Persons: Kazuhiro NOGI, KAZUHIRO NOGI, Joe Biden, Kevin McCarthy, we've, McCarthy, Kospi Organizations: Nikkei, Getty Images, U.S, Wing, Juno Bank Locations: Tokyo, AFP, Asia, Pacific, Japan, Australia, Shanghai, Shenzhen

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. Australian and Japanese markets are both trading higher even as most Asian markets are closed for the Labor Day holiday Monday. In Australia, the S&P/ASX 200 rose 0.14%, as the country saw its factory activity in April contracted at its fastest pace in 35 months, with private surveys from Juno Bank showing its purchasing managers index standing at 48. Au Jibun bank will release Japan's factory activity data for April later in the day. Over the weekend, China's factory activity unexpectedly slipped into contraction territory with its official manufacturing purchasing managers index at 49.2, in contrast to economists expectations of 51.4.

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