HomeAbout

TL;DR CNBC


South Korea's Kospi leads losses in Asia ahead of data deluge on Friday - TL;DR CNBC

South Korea's Kospi leads losses in Asia ahead of data deluge on Friday

Publishing timestamp: 2024-05-30 03:42:21


Summary

Asia-Pacific markets extended losses, with Japan, South Korea, Australia, Hong Kong, and China all seeing declines. Google announced a $2 billion investment in Malaysia, while China is considering imposing a record fine on PricewaterhouseCoopers. BHP walked away from a takeover bid for Anglo American, causing shares of Australian miners to fall. Hedge funds are increasing bets on Big Tech stocks, and the U.S. economy grew unevenly over the past six weeks. JPMorgan Chase CEO Jamie Dimon hinted at retirement within the next five years.


Sentiment: MIXED

Tickers: .SPXRIO-AUJPY=.DXY.IXIC.N225.HSI9501.T-JP@LCO.1.SSEC4543.T-JPAUD=.KS11.AXJONVDA8058.T-JPFMG-AUUS10YBHP-AU.DJI.SZI@CL.16503.T-JP6857.T-JPARM

Keywords: asia economyhang seng indexwti crude (mar'23)breaking news: asiausd/jpydow jones industrial averageaustraliadxy us dollar currency indexworld marketsaustralian dollar/us dollar fx spot ratebusiness newsnvidia corps&p 500 indexnasdaq compositepricesshenzhen component indexs&p/asx 200nikkei 225 indexshanghaiice brent crude (apr'23)arm holdings plceconomic eventsbreaking news: marketsmarketskospi indexu.s. 10 year treasury

Source: https://www.cnbc.com/2024/05/30/asia-markets.html


Developed by Leo Phan