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DAX Rises On China Stimulus Hopes
(RTTNews) - German stocks traded higher on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.
Authorities will seize the window of opportunity and "decisively enhance the strength (of policy), roll out all policy measures that are needed to stabilize the economy", the cabinet was quoted as saying after a regular meeting.
Investors were also reacting to comments by U.S. President Joe Biden to The Associated Press on Thursday that he saw reasons for optimism about the economy. A recession is "not inevitable," Biden said.
The benchmark DAX jumped 137 points, or 1.1 percent, to 13,175 after losing 3.3 percent the previous day.
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Losing Streak May Continue For Taiwan Stock Market
The Taiwan stock market has finished lower in back-to-back sessions, tumbling almost 550 points or 2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 27,400-point plateau and it may see mild consolidation again on Monday.
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Před 1 h 19 min
Singapore Shares May Open Under Water On Monday
The Singapore stock market on Friday snapped the three-day winning streak in which it had climbed almost 90 points or 2 percent. The Straits Times Index now sits just beneath the 4,550-point plateau and it's looking at another soft start again on Monday.
RTTNews
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Před 1 h 49 min
Japan GDP Sinks 0.4% In Q3
Japan's gross domestic product contracted a seasonally adjusted 0.4 percent on quarter in the third quarter of 2025, the Cabinet Office said on Monday - following the upwardly revised 0.6 percent expansion in the previous three months (originally 0.5 percent).
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Před 1 h 51 min
New Zealand Services Index Improves In October - BusinessNZ
The services sectors in New Zealand continued to contract in October, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.7.
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Před 2 h 2 min
Malaysia Shares Expected To Remain Rangebound
The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it may tick lower again on Monday.
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Před 2 h 19 min
Nikkei May Spin Its Wheels Again On Monday
The Japan stock market on Friday ended the two-day winning streak in which it had advanced more than 430 points or 0.8 percent. The Nikkei 225 now rests just above the 50,375-point plateau and it may remain stuck in neutral on Monday.
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Před 2 h 34 min
Tech Shares May Lift South Korea Stock Market
The South Korea stock market on Friday halted the four-day winning streak in which it had surged almost 220 points or 5.5 percent. The KOSPI sits just above the 4,010-point plateau and it may see a technical rebound on Monday.
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Před 2 h 49 min
Japan GDP Data Due On Monday
Japan will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the three months prior, GDP was up 0.5 percent on quarter and 2.2 percent on year.
RTTNews
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Před 3 h 19 min
