Australia Home Loan Data Due On Friday
(RTTNews) - Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
Singapore will provide March data for retail sales; in February, sales were up 3.0 percent on month and 8.4 percent on year.
Hong Kong will see March numbers for retail sales; in February, sales were up 1.9 percent on year.
Finally, the markets in China remain shuttered for Labor Day, and will reopen on Monday. Japan is also off for Constitution Memorial Day.
read more
Electrolux Reannounces Recall Of Frigidaire, Kenmore Electric Ranges
Consumer electronics major Electrolux Group has reannounced its previous recall of Frigidaire and Kenmore electric ranges following multiple reports of fires and injuries. The recall involves about 203,000 units of Frigidaire and Kenmore Smooth-top Freestanding Electric Ranges, which were previously recalled in August 2009.
RTTNews
|
4h 17min ago
Malaysia GDP Growth Rebounds More Than Estimated
Malaysia's economy logged a stronger-than-estimated rebound in the first quarter on household spending and investment, the second estimate from the Department of Statistics showed on Friday. Gross domestic product grew by a revised 4.2 percent on a yearly basis in the first quarter, the fastest expansion since the first quarter of 2023.
RTTNews
|
4h 27min ago
European Economic News Preview: Eurozone Final Inflation Data Due
Final inflation data from the euro area is the top economic news due on Friday, headlining a light day for the European economic news. At 2.30 am ET, Switzerland's Federal Statistical Office publishes quarterly industrial production data for the first quarter.
RTTNews
|
6h 26min ago
European Shares Set To Drift Lower After Hawkish Fed Comments
European shares are seen opening on a sluggish note Friday after comments from three Federal Reserve officials suggested that U.S. interest rates are likely to stay higher for longer.
RTTNews
|
6h 29min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
6h 51min ago
Sensex, Nifty Tad Lower In Early Trade; Mahindra & Mahindra Shares Rally 7%
Indian shares opened a tad lower on Friday after three Federal Reserve officials argued in favor of keeping borrowing costs high until there's more evidence of easing inflation.
RTTNews
|
7h 40min ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders seemingly pausing to assess the near-term outlook for the markets and indulged in taking out some profit from the market following recent gains after the recent rally. Asian markets ended mostly higher on Thursday.
RTTNews
|
8h 47min ago
Sensex, Nifty Likely To Open On Lackluster Note
Indian shares are likely to open on a muted note Friday, mirroring tepid cues from global markets.
RTTNews
|
9h 38min ago
