Saudi Airport Hit Again, US CPI Preview

Business and finance news from the Asia-Pacific. Saudi Arabia's main airport came under renewed attack from Houthi rebels, a day after a strike on the facility killed 12 people and heaped pressure on the Middle East's biggest economy as it prepares to host major events that seek to boost foreign i…

Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with U.S bank earnings. In the UK – a look ahead to European leaders meeting in Brussels. In Asia – a look ahead to Japa…

OpenAI Revenue Report Hits Tech

Business and finance news from the Asia-Pacific. Asian stocks dropped, tracking declines on Wall Street, as speculation about OpenAI's revenue revived concerns over the sustainability of the artificial-intelligence spending boom. Oil edged lower. The MSCI Asia Pacific equities index edged 0.1% low…

Stocks Fall on Inflation Worries, Samsung Profit Up Almost Nine-Fold

Business and finance news from the Asia-Pacific. Asian stocks retreated for a second day and Treasuries edged lower as rising oil prices fueled concerns that inflation may stay elevated and nudge central banks to raise interest rates. MSCI's Asia Pacific equities index fell 0.9%, with nine of its …

Asia Equities Fail to Join US Rally, Milken Institute Asia Summit

Business and finance news from the Asia-Pacific. Asian stocks failed to join a rally on Wall Street that took it to record highs on optimism over earnings outlook. Treasuries dropped as oil climbed. MSCI's Asia Pacific equities gauge fell 0.4%, with the regional benchmark now about 2% from its pea…

Big Tech Rally, Chalmers: Higher Bond Yields Will Pressure Aus. Budget 

Business and finance news from the Asia-Pacific. Asian shares rose after a tech-led rally sent the Nasdaq 100 Index to a record as equity investors shrugged off concerns about elevated oil prices and multi-decade high bond yields. Treasuries extended losses. MSCI's Asia Pacific equity index added …

US Eco Data Lowers Rate-Hike Odds; Indonesia Finance Minister Speaks

Business and finance news from the Asia-Pacific. Asian stocks rose after softer US jobs data reduced pressure on the Federal Reserve to keep raising interest rates. Oil erased early gains, while bonds crept higher. MSCI’s Asia Pacific equities index gained 1.1%, with Japan’s Nikkei 225 Stock Aver…

Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S Mortgage data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to this year’s Nobel Prize decisions. In Asia – a loo…

Chinese Consumer Stocks Struggle, Jera Global CEO on New AI Infrastructure Project

Business and finance news from the Asia-Pacific. Under the shadow of Beijing's single-minded focus on artificial intelligence, China's consumer stocks are trapped in a lost decade. The industry is showing a stark contrast with the high-flying tech sector. MSCI China's consumer goods sub-indexes pl…

Japan's Biggest Firms Remain Confident, Micron Earnings

Business and finance news from the Asia-Pacific. Confidence among Japan's largest firms remains elevated with sentiment among manufacturers rising to the highest level in more than eight years, a result that suggests the Bank of Japan can continue raising interest rates without buckling corporate …