Cathay Pacific set to position new plane order from Boeing after 12 years: Bloomberg
Shares of Cathay Pacific Airways slipped 0.58% following experiences that the airline is ready to position its first plane order from Boeing in additional than a decade, Bloomberg reported, citing sources aware of the matter.
The Hong Kong-based provider can be scheduled to launch its first-half earnings later within the day.
Shares of Cathay Pacific Airways slip after report on Boeing order
Australia shares hit a report excessive in early commerce
Australian equities rose as a lot as 0.61% to hit a report excessive of 8,824 in early commerce.
Index heavyweights like Commonwealth Financial institution and Westpac Banking Company have been up over 1% and 0.74% respectively. Mining agency BHP Group was 0.28% increased.
Australian shares hit a report excessive in early commerce
Markets kick-start Wednesday buying and selling combined
Asia markets opened combined.
Australia’s S&P/ASX 200 was up 0.38% on the open. Japan’s benchmark Nikkei 225 slid 0.12% and the Topix rose 0.45%.
South Korea’s Kospi and small-cap Kosdaq misplaced 0.64% and 0.57%, respectively.
— Lee Ying Shan
Opening calls
Joyful Wednesday from Singapore. Asia markets are poised for a decrease open.
Australia’s S&P/ASX 200 was set to start out the day decrease with futures tied to the benchmark at 8,739, in contrast with its final shut of 8,770.4.
Japan’s benchmark Nikkei 225 was set to open increased, with the futures contract in Osaka final traded at 40,555 in opposition to the index’s final shut of 40,549.54.
Futures for Hong Kong’s Cling Seng Index stood at 24,812, pointing to a weaker open in contrast with the HSI’s final shut of 24,902.53.
— Lee Ying Shan
Shares shut within the purple
The three main U.S. indexes completed decrease Tuesday.
The S&P 500 fell 0.49%, closing at 6,299.19, whereas the Nasdaq Composite slid 0.65% to finish at 20,916.55. The Dow Jones Industrial Common moved 61.90 factors decrease, or 0.14%, to settle at 44,111.74.
— Sean Conlon
Trump joins ‘Squawk Field’ to debate chips, pharma and extra
U.S. President Donald Trump speaks to reporters close to Air Power One on the the Lehigh Valley Worldwide Airport on August 03, 2025 in Allentown, Pennsylvania.
Anna Moneymaker | Getty Pictures
President Donald Trump spoke with “Squawk Field” in a wide-ranging dialog. Listed here are among the highlights:
On semiconductors, Trump stated his administration goes to announce new tariffs “throughout the subsequent week or so.” “We’ll be saying on semiconductors and chips, which is a separate class, as a result of we wish them made in the US,” he stated throughout the interview.
On the subject of his deliberate pharmaceutical tariffs, Trump stated that the levies may ultimately attain as much as 250%. That is the very best tariff fee he is threatened to this point.
The president additionally revealed within the interview that he is contemplating 4 candidates for future Federal Reserve chair, which doesn’t embrace Treasury Secretary Scott Bessent. “Properly, I really like Scott, however he desires to remain the place he’s,” Trump stated.
— Kevin Breuninger, Annika Kim Constantino, Jeff Cox, Sean Conlon
