China property stocks rally after major cities ease homebuying restrictions

China property stocks rally after major cities ease homebuying restrictions

A man walks past a housing complex by Chinese property developer Evergrande in Guangzhou, China’s southern Guangdong province on September 17, 2021. Noel Celis | Afp | Getty Images Shares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank’s blitz … Read more

K-pop star Suga fined $11,500 for drink-driving

K-pop star Suga fined ,500 for drink-driving

Suga from K-pop boy band BTS has been fined 15 million won ($11,500; £8,600) for driving an electric scooter while intoxicated, according to media reports. The singer, whose real name is Min Yoon-gi, was indicted in August after police found him trying to get up after falling off the scooter near his Seoul home and … Read more

China’s factory activity contracts less than expected in September

China’s factory activity contracts less than expected in September

A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images China’s factory activity contracted for a fifth consecutive month in September as the world’s second-largest economy struggles to revive its growth momentum. The official manufacturing purchasing managers’ index came in at 49.8 in September, compared with … Read more

Biden to connect with Netanyahu as Israel launches massive airstrike on Beirut

Biden to connect with Netanyahu as Israel launches massive airstrike on Beirut

President Biden said on Sunday that he intended to talk to Israeli Prime Minister Benjamin Netanyahu imminently, shortly before the Israel-Hamas war intensified in Lebanon. The Israel Defense Forces (IDF) launched an airstrike on the Lebanese capital of Beirut on Sunday evening, marking the first time the Israeli military implemented an airstrike on the central … Read more

Stocks are dancing in September

Stocks are dancing in September

Traders work on the trading floor at the New York Stock Exchange. Andrew Kelly | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What … Read more

Nikkei 225 set to drop, China PMI on tap

Nikkei 225 set to drop, China PMI on tap

A cycler passes the entrance to the Tokyo Stock Exchange (TSE) headquarters building in the Nihonbashi area of Tokyo on May 2, 2024. Richard A. Brooks | Afp | Getty Images Japan’s Nikkei 225 tumbled over 3% Monday, while Australia stocks hit a fresh high ahead of key economic data from China and Japan. The … Read more