Asia markets open Friday trading in the green<\/p>\n
Asia markets started the trading day higher. Japan’s benchmark\u00a0Nikkei 225<\/a> rose 0.39% at the open, while the Topix climbed 0.26% as of 8.02 a.m. local time (8.02 p.m. ET Tuesday).<\/p>\n South Korea’s Kospi added 0.21% and the small-cap Kosdaq was 0.28% higher<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a>\u00a0rose 0.44%.<\/p>\n \u2014 Lee Ying Shan<\/p>\n Japan\u2019s core inflation cools in June as expected, coming down from 29-month high as rice prices ease<\/p>\n Japan’s core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing.<\/p>\n The figure \u2014 which strips out costs for fresh food \u2014 was in line with the 3.3% expected by economists polled by Reuters.<\/p>\n Headline inflation in the country dropped to 3.3%, coming down from 3.5% in May.<\/p>\n The so-called “core-core” inflation rate, which strips out prices of both fresh food and energy and is closely monitored by the BOJ, climbed to 3.4% from 3.3% in the month before.<\/p>\n Read the full story here<\/a>.<\/p>\n \u2014 Lim Hui Jie<\/p>\n Here are the opening calls for the day<\/p>\n Happy Friday from Singapore! <\/p>\n Asia markets were poised to open higher heading into the weekends.<\/p>\n Japan’s benchmark\u00a0Nikkei 225<\/a>\u00a0was set to open higher, with the futures contract in Chicago at 40,105 while its counterpart in Osaka last traded at 40,060, against the index’s last close at 39,901.19.<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a>\u00a0was also on track to start the day higher with futures tied to the benchmark at 8,650, compared with its last close of 8,639.<\/p>\n Futures for Hong Kong’s\u00a0Hang Seng index<\/a>\u00a0stood at 24,674, pointing to a stronger open compared with the HSI’s last close of 24,498.95.<\/p>\n \u2014 Lee Ying Shan<\/p>\n Major stock indexes end Thursday higherCrypto regulation bills move forward after record-setting House vote<\/p>\n The future of three crypto bills in Congress remains uncertain after two days of House Republican infighting over the contents of the legislation and the process for moving it. <\/p>\n Late Wednesday night, the House GOP finally approved the rules of debate<\/a> for the crypto bills and an adjacent Pentagon appropriations package, allowing consideration for the bills. The vote was the longest-ever in the House.<\/p>\n The three bills in question include one, the\u00a0GENIUS Act<\/a>, which passed the Senate in June, and two others that are moving through the House first: The CLARITY Act and a bill that would bar the Federal Reserve from establishing a central bank digital currency.<\/p>\n Bitcoin has been trading at all-time highs<\/a> in recent days, fueled by optimism on the crypto legislation and the\u00a0institutional buying of bitcoin exchange-traded funds (ETFs)<\/a>.<\/p>\n \u2014 Erin Doherty, Pia Singh<\/p>\n","protected":false},"excerpt":{"rendered":"Asia markets open Friday trading in the green Asia markets started the trading day higher. Japan’s benchmark\u00a0Nikkei 225…\n","protected":false},"author":2,"featured_media":4132,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[4989,1386,45,161,49,48,100],"class_list":["post-4131","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-asia-economy","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/4131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=4131"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/4131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/4132"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=4131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=4131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=4131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}