CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more

Stocks slide ahead of Powell’s speech

Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they … Read more

Marriott International presdient gives outlook on APAC travel sector

Marriott International presdient gives outlook on APAC travel sector

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email “Every market is showing positive growth, there’s not one market that is in negative territory,” said Rajeev Menon, president of APAC at Marriott International. He gives his outlook on the travel sector in the region. Read original article here Denial of responsibility! … Read more

Why strategists believe a major unwind is far from over

Why strategists believe a major unwind is far from over

A man walks in front of an electronic quotation boards displaying the share price on the Tokyo Stock Exchange (L) and the foreign exchange rate for the Japanese yen against the US dollar (R) in Tokyo on August 6, 2024. Kazuhiro Nogi | Afp | Getty Images It’s too early to give the all-clear to … Read more

Economists fear Fed rate cuts could be a problem

Economists fear Fed rate cuts could be a problem

Pedestrians walk past a currency exchange shop in central Tokyo on April 17, 2024. Richard A. Brooks | Afp | Getty Images Rapid interest rate cuts from the Federal Reserve could make matters worse for the global “carry trade” unwind, according to economists at TS Lombard. The warning comes as market participants seek to aggressively … Read more

Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6 per cent in midday trading and on track to break a brutal three-day losing streak. It had tumbled a bit more … Read more

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more

Travel: Visa country manager explains what's behind Japan's popularity

Travel: Visa country manager explains what's behind Japan's popularity

Adeline Kim, country manager for Singapore and Brunei for Visa, says the weak yen is just one of many factors. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful … Read more

‘Black Company’ in Japan Forces US Worker to Resign And Refuses to Pay Last Pay Cheque

‘Black Company’ in Japan Forces US Worker to Resign And Refuses to Pay Last Pay Cheque

After he was offered a new job, River Hodge moved to Japan from the US shortly after the COVID-19 pandemic. Having only worked in Japan for a few months, Hodge posted a TikTok, telling his followers that he had signed a contract with a corrupt company – known as a “black company” in Japan. Hodge … Read more