Japan’s central bank has been ‘wrong footed’ on inflation, analyst says
Analysts are split over the timing of when will the BOJ tighten monetary policy, in light of the inflation numbers and wage hikes.
CNBC Daily Open: Tech stocks had a rough day, but that’s okay
The Dow Jones Industrial Average outperformed other major indexes, in a stark reversal of the tech frenzy that’s gripped markets since May.
Volvo Cars will use Tesla’s Superchargers but not its autonomous driving tech. Its CEO explains why
The automotive industry has recently suffered issues related to supply chains and the cost of materials crucial to the production of electric vehicles.
Is Ukraine’s counteroffensive failing? Defense experts say the risks facing Kyiv are growing
The window of opportunity for Kyiv’s counteroffensive is small with Kyiv having only a few months to make major gains.
China announces steps to boost sales of cars and electronics
As China’s post-pandemic economic recovery slows, policymakers identified the country’s automobile sector as a key lever to shore up growth.
China FX regulator says will use policy measures to stabilize yuan expectations
Monetary authorities have responded to the rapid losses in the yuan in recent weeks by stepping up efforts to defend it.
TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push
Atome is the BNPL arm of Singapore-based fintech firm Advance Intelligence Group, which is backed by the likes of SoftBank Vision Fund 2 and Warburg Pincus.
India’s rice export ban could send decade-high prices spiking even further
India is the world’s leading rice exporter, accounting for more than 40% of the global rice trade.
Asia markets mixed as Japan’s inflation rises slightly in June
Investors in will watch Japan’s inflation numbers today, in preparation for the Bank of Japan’s rate decision next Friday
Dow ekes out narrow gain Friday for 10th straight positive day, longest rally since 2017: Live updates
Wall Street is coming off a mixed session.
