Things about Asia’s markets you might not have known
HSBC Global Research recently revealed lesser known facts about Asian stock markets in 2023, and CNBC picked out three.
Malaysia’s Capital A paves way for merger of AirAsia’s operations globally
Malaysia’s Capital A Berhad intends to sell its aviation business to long-haul unit AirAsia X Bhd, with a goal of consolidating its operations under one brand.
Airbus nearing significant widebody order from Delta, Reuters sources say
Airbus is nearing an order from Delta Air Lines for dozens of wide-body jets including extra A350-1000 aircraft, industry sources told Reuters.
Japan’s Nikkei hits 33-year high as Asia markets rebound
December inflation for Japan’s capital city of Tokyo — a leading indicator for nationwide inflation — fell, while Aussie sales data came in stronger than expected.
Samsung warns fourth-quarter profit could plunge 35%, misses expectations
Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023.
CNBC Daily Open: Turbulent times for Boeing
The more recent incident involving Boeing’s 737 Max 9 planes has already been faced with scrutiny as the FAA ordered a grounding of the planes, affecting around 171 aircraft worldwide.
A new train pass is launching in Japan this winter — but travelers will have to act fast
Japan’s Rail Pass isn’t the money saver it used to be. But the Kyun Pass may save money for travelers headed to winter hot spots like Nagano.
‘One of the best valuations for AI’: Buy the dip in this Big Tech stock, strategist says
Nvidia has been an investor favorite for AI, but other firms have been busy building their capabilities too. Matt Orton names one he says is “underappreciated.”
Morgan Stanley names its ‘most preferred’ European internet stocks — and gives one 70% upside
Internet stocks in Europe are set for gains in 2024 — thanks to improving fundamentals and falling interest rates, according to Morgan Stanley.
China investors will be asking these 3 questions in 2024
China’s investment story has been overshadowed in the last year by longer-term problems and tensions with the U.S.
