A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets fell Tuesday as China’s manufacturing growth missed expectations, but the country’s benchmark CSI 300 closed the year higher, ending three years of losses. Hong Kong’s Hang Seng Index, which ended a shortened trading day … Read more
European markets traded around the flatline Tuesday, in muted trade ahead of the New Year holiday. The pan-European Stoxx 600 index opened a touch lower, down 0.07%, before turning slightly higher but still hovering in flat territory. London’s FTSE 100 index and France’s CAC 40 both slid lower at the open before recovering to trade … Read more
A Jeju Air Boeing 737-800 taking off from Osaka Kansai airport. Fabrizio Gandolfo | Lightrocket | Getty Images Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at Muan International Airport in southwestern South Korea, killing all but two of the 181 people … Read more
The wreckage of Jeju Air Co. Flight 2216 at Muan International Airport in Muan County, South Korea, on Monday, Dec. 30, 2024. SeongJoon Cho | Bloomberg | Getty Images Boeing shares were down more than 4% in morning trading Monday, after South Korea ordered an inspection of all 737-800 planes — the model involved in … Read more
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were mixed on the penultimate trading day of this year, after Wall … Read more
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 … Read more
The holiday shopping season has come and gone. When it comes to stock picking, at least, the desire to find a bargain is as strong as ever. A recent analysis of our portfolio revealed we own more than a couple cheap stocks, including one of our newer additions in Bristol Myers Squibb . Still, we’re … Read more
The 10-year Treasury yield rose again on Friday, hovering near a seven-month high. The yield on the benchmark 10-year Treasury was 4 basis points higher at 4.626%. The 10-year rate hit a high of 4.641% in the previous session, hitting its highest level since May. The 2-year Treasury was fractionally lower at 4.318%. One basis point is equal … Read more
Train loaded with coal ready to leave a coal mine belonging to China Energy Investment Corporation on Jan. 14, 2023 in Ejin Horo Banner, Ordos City, Inner Mongolia Autonomous Region of China. Wang Zheng | Visual China Group | Getty Images Asia-Pacific markets were mixed Friday, as some markets return from the Boxing Day holiday … Read more
People standing outside astore at Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher Thursday, with several markets remaining closed for Boxing Day. Japan’s Nikkei 225 rose 0.37%, while the Topix added 0.49%. South Korea’s Kospi inched up 0.12% while the Kosdaq … Read more