China’s exports grow by 8.7% in August, beating expectations
China’s exports have been a bright spot in an economy otherwise struggling to boost domestic demand.
Asia
Cautious Chinese travelers are taking more last-minute trips as economy struggles
Chinese travelers are taking more last-minute trips as they become more cautious with spending amid lackluster economic recovery.
Asia-Pacific markets mixed following Wall Street’s rebound from worst week of 2024
Traders in Asia are watching August trade data from China and India. China’s exports and imports are expected to grow by 6.5% year-on-year and 2%, respectively.
Nikkei leads losses in Asia, briefly falling 3% as markets decline after weak U.S. jobs data
Investors in Asia will assess Japan’s revised second-quarter GDP and look toward China’s August inflation data.
Honor looks to get ahead of Apple in China with its own AI assistant
The upgraded AI agent from Honor will look to compete with the likes of Samsung’s Bixby and Apple’s Siri.
U.S. financial markets, public companies are a growing target for Russian hackers
Financial markets are a growing target for Russian hackers, as highlighted in the latest episode of CNBC’s “The Crimes of Putin’s Trader” podcast.
The world just sweltered through its hottest summer on record for the second year running
The summer of 2024 was the hottest in history, according to the European Union’s climate monitor.
‘Economic refugees’ flee from New Zealand as cost-of-living crisis deepens
The economy is going to "get worse before it gets better," said Shamubeel Eaqub, principal economist at the New Zealand Institute of Economic Research.
Asia-Pacific markets mostly fall as Japan spending misses expectations; Hong Kong closes due to typhoon
Japan’s household spending data, combined with pay numbers from Thursday, will give a clue about the Bank of Japan’s monetary policy moves.
Indian stocks have had a record-breaking rally. But what’s next?
After a record-breaking 14-day rally, analyst fear risks are rising from the stock market’s own success.