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The unwinding of the yen carry trade is expected to continue in September, presenting a risk of another large sell-off, according to Kathy Lien, managing director of forex strategy at BK Asset Management.
China's property market has still not found a bottom despite all the turmoil in the past year, according to Standard Chartered CEO Bill Winters.
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 .
Dili, East Timor CNN —
On Monday, the 60-year-old will be newly minted as a billionaire after his company 99 Speed Mart Retail Holdings Bhd goes public in Kuala Lumpur.
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 .
Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country's economic diversification plan, as Riyadh touts "green shoring" investment opportunities to woo foreign financing.
The European Union has successfully avoided the "terrible prophecies" that threatened its economy in recent years, but must still contend with Russia's war in Ukraine and a tenuous trade relationship with China, outgoing European Commissioner for Economy Paolo Gentiloni said Saturday.