Market Pulse - Asia
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.