Solutions For RealSolutions For Real
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

4 Ways To Grow Your Personal Résumé After Retirement

May 27, 2025

What Scott Galloway’s Economic Philosophy Reveals About Looming Risks to Your 401(K)

May 27, 2025

10 Retirement Strategies to Stay Ahead of Shifting Economic Policies

May 27, 2025
Facebook Twitter Instagram
Trending
  • 4 Ways To Grow Your Personal Résumé After Retirement
  • What Scott Galloway’s Economic Philosophy Reveals About Looming Risks to Your 401(K)
  • 10 Retirement Strategies to Stay Ahead of Shifting Economic Policies
  • 6 Financial Habits Poor People Learn for Survival That the Rich Never Understand
  • 5 Signs of Internal Company Theft — and How to Catch It Early
  • 5 Ancient Asian Values Every Entrepreneur Should Know
  • What Living in a 5-Minute City Taught Me About Building Better Businesses
  • This Hidden Retail Tech Is Transforming Customer Experiences
Tuesday, May 27
Facebook Twitter Instagram
Solutions For RealSolutions For Real
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Solutions For RealSolutions For Real
Home » Japan pay data, China markets
News

Japan pay data, China markets

News RoomBy News RoomOctober 8, 20240 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

SINGAPORE — Chinese markets skyrocketed over 10% at the open Tuesday, after coming back from the Golden Week holiday as the rally from Beijing’s stimulus measures continued.

The CSI 300 index was up 10.2% in early deals, before paring some gains to record a rise of about 7.5%, but Hong Kong’s Hang Seng index plummeted over 6%.

Other Asia-Pacific markets mostly fell on Tuesday, with investors watching August pay and spending data out from Japan.

Household spending in Japan fell 1.9% year-on-year in August in real terms, a softer fall compared to the 2.6% decline expected by a Reuters poll of economists.

The drop is the fastest pace of decline since January, which saw a 6.3% fall year-on-year. That decline also came before spring wage negotiations delivered the largest pay hikes to unionized Japanese workers in 33 years.

However, real wages rose in August, with data from the country’s statistics bureau indicating that wages climbed 2% to an average of 574,334 yen ($3,877.44).

Overnight in the U.S., stocks slid as rising oil prices and higher Treasury yields weighed on market sentiment.

The Dow Jones Industrial Average dropped 0.94%, while the S&P 500 slid 0.96%. The Nasdaq Composite  saw the largest loss, falling 1.18%.

The benchmark 10-year Treasury yield rose to 4.02%, marking the first time since August that the yield topped 4%.

Oil prices also rose as tensions in the Middle East remain high. U.S. crude climbed more than 3% to settle above $77 per barrel.

— CNBC’s Lisa Kailai Han and Jesse Pound contributed to this report.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Lucid shares tumble following public offering of nearly 262.5 million shares

News October 17, 2024

Harris distances herself from Biden, bashes Trump in tense Fox News interview

News October 17, 2024

Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT

News October 16, 2024

I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside

News October 16, 2024

Trump’s crypto coin goes on sale with Election Day just three weeks out

News October 15, 2024

Cramer’s Lightning Round: Uranium Energy is ‘the real deal’

News October 15, 2024
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

What Scott Galloway’s Economic Philosophy Reveals About Looming Risks to Your 401(K)

May 27, 20250 Views

10 Retirement Strategies to Stay Ahead of Shifting Economic Policies

May 27, 20250 Views

6 Financial Habits Poor People Learn for Survival That the Rich Never Understand

May 27, 20250 Views

5 Signs of Internal Company Theft — and How to Catch It Early

May 27, 20250 Views
Don't Miss

5 Ancient Asian Values Every Entrepreneur Should Know

By News RoomMay 27, 2025

Entrepreneur More and more Asian economies are racing to the top, as the International Monetary…

What Living in a 5-Minute City Taught Me About Building Better Businesses

May 27, 2025

This Hidden Retail Tech Is Transforming Customer Experiences

May 27, 2025

How To Make Charitable Gifts More Effective And Reap More Benefits

May 26, 2025
About Us
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

4 Ways To Grow Your Personal Résumé After Retirement

May 27, 2025

What Scott Galloway’s Economic Philosophy Reveals About Looming Risks to Your 401(K)

May 27, 2025

10 Retirement Strategies to Stay Ahead of Shifting Economic Policies

May 27, 2025
Most Popular

3 Ways To Get Paid To Advertise On Your Car

November 2, 20232 Views

What To Do If Your Kid Won’t Sign A Prenuptial Agreement

March 31, 20251 Views

11 Subscriptions You Might Want to Cancel in 2025

March 31, 20251 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Solutions For Real. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.