Market Pulse - Asia
Asia report: Most markets fall after US inflation report
Asia-Pacific markets mostly declined on Thursday following a US inflation report overnight that reinforced expectations of a Federal Reserve rate cut in December.
BioNTech to acquire China's Biotheus in $800m deal
German biotechnology company BioNTech announced the $800m acquisition of Chinese biotech firm Biotheus on Wednesday, in a bid to further strengthen its oncology pipeline.
Asia report: Regional stocks follow Wall Street lower
Asia-Pacific markets largely declined on Wednesday, mirroring Wall Street’s post-election rally, which lost momentum overnight.
Asia report: Another US rally fails to spark regional markets
Asia-Pacific markets experienced widespread declines on Tuesday, as investor caution lingered despite a strong rally in US stocks, where key benchmarks closed at record highs following last week’s election results.
Asia report: Markets mixed as China stimulus fails to excite
Asia-Pacific markets showed a mixed performance on Monday as China’s latest economic data and a newly announced five-year stimulus package failed to inspire investor confidence.
Asia report: Markets mixed as world watches US election
Asia-Pacific markets showed a mixed performance on Wednesday as investors responded to Wall Street's overnight rally ahead of US presidential election results.
Nintendo lowers forecasts amid diminishing Switch sales
Nintendo lowered its profit and sales forecasts for the year ending next March on Tuesday, reflecting diminishing demand for its seven-year-old Switch console.
Asia report: Markets mixed as investors eye US election
Asia-Pacific markets closed in a mixed state on Tuesday as investors cautiously navigated global uncertainties surrounding the US presidential election and a potential interest rate decision by the Federal Reserve later in the week.
RBA holds rates as inflationary pressures persist
The Reserve Bank of Australia (RBA) held its cash rate steady at 4. 35% for an eighth consecutive meeting on Tuesday, maintaining restrictive monetary policy as it continued to battle persistently high inflation.
Asia report: Markets rise ahead of US election, China legislative session
Asia-Pacific markets rallied on Monday as investors awaited key developments in the United States and China.
Asia report: Most markets start November in the red
Asia-Pacific markets faced declines on Friday, mirroring Wall Street’s recent downturn, as investors braced for the Federal Reserve’s upcoming interest rate decision and the imminent US elections.
CMC Markets enters partnership with New Zealand's ASB
CMC Markets announced a strategic partnership with New Zealand bank ASB on Friday, marking a significant expansion into the Australia-New Zealand region.