Asia stocks rise on US inflation cheer; Honda-Nissan merger in focus

Investing.com-- Most Asian stocks rose on Monday, tracking gains in Wall Street after softer U.S. inflation data spurred bets that interest rates will still fall in the coming year.data- the Federal Reserve’s preferred inflation gauge- read softer than expected for November. The reading helped ease some concerns that U.S. rates will fall at a slower pace in 2025, especially after the Fed struck a hawkish tone during a meeting last week.

The merger has the potential to create the third-largest global automaker by sales, and is being considered as Honda and Nissan grapple with increased competition and softening sales, especially in top auto market China. Chinese markets were sitting on some gains in recent sessions after Beijing offered up more assurances that it will ramp up fiscal spending in 2025 to support economic growth.added 1.5% and was the best performer in the region, as investors bought into heavily discounted stocks after local markets were walloped by heightened political uncertainty earlier this month.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Asia markets begin Christmas week higher; Nissan-Honda merger deal in focusInvestors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.
Herkunft: NBCNewYork - 🏆 270. / 63 Weiterlesen »

Asia-Pacific markets begin Christmas week higher; Nissan-Honda merger deal in focusInvestors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.
Herkunft: nbcsandiego - 🏆 524. / 51 Weiterlesen »

Nissan, Honda Shares React to Merger SpeculationNissan's stock surged while Honda's dipped after reports that the Japanese automakers might merge under a holding company. The Nikkei newspaper reported that Honda and Nissan are planning to sign a memorandum of understanding soon, potentially bringing Mitsubishi Motors, in which Nissan holds a 24% stake, under the umbrella. While Nissan confirmed exploring collaboration possibilities, no decisions have been made.
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »