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Japan Household Spending Climbs 2.7% In January

Japan Household Spending Climbs 2.7% In January

The average of household spending in Japan was up a seasonally adjusted 2.7 percent on month in January, the Ministry of Internal Affairs and Communications said on Friday - coming in at 301,646 yen.
RTTNews | Před 902 dny
Losing Streak May Continue For Malaysia Stock Market

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved lower in back-to-back sessions, sinking almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,450-point plateau and the losses may accelerate on Friday.
RTTNews | Před 902 dny
More Pain Predicted For South Korea Stock Market

More Pain Predicted For South Korea Stock Market

The South Korea stock market has moved lower in two straight sessions, dropping more than 40 points or 1.8 percent along the way. The KOSPI now rests just beneath the 2,420-point plateau and it's likely to take further damage on Friday.
RTTNews | Před 902 dny
Japan Rate Decision On Tap For Friday

Japan Rate Decision On Tap For Friday

The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at -0.10 percent.
RTTNews | Před 902 dny
TSX Ends Sharply Lower

TSX Ends Sharply Lower

The Canadian market ended sharply lower on Thursday on widespread selling amid rising concerns about U.S. interest rates.
RTTNews | Před 902 dny
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Dollar Drifts Lower Against Major Counterparts

Dollar Drifts Lower Against Major Counterparts

The U.S. dollar drifted lower against its major counterparts on Thursday after Fed Chair Jerome Powell said the policymakers had not made a decision on the scale and path of rate hikes in the future.
RTTNews | Před 902 dny
Swiss Market Ends Weak Again

Swiss Market Ends Weak Again

The Switzerland stock market ended weak on Thursday, extending losses to a fourth straight session, as worries about growth and interest rates continued to weigh on sentiment.
RTTNews | Před 902 dny
European Stocks Close Broadly Lower

European Stocks Close Broadly Lower

European stocks closed broadly lower on Thursday amid concerns about interest rates following Fed Chair Jerome Powell reiterating his warning to lawmakers that the central bank may rise rates higher than previously anticipated.
RTTNews | Před 902 dny
Yen Climbs On Rate Hike Fears

Yen Climbs On Rate Hike Fears

The Japanese yen advanced against its most major counterparts in the European session on Thursday, as Federal Reserve Chair Jerome Powell reiterated his warning to lawmakers that the central bank may raise interest rates higher than previously anticipated.
RTTNews | Před 902 dny
U.S. Weekly Jobless Claims Reach Highest Level In Over Two Months

U.S. Weekly Jobless Claims Reach Highest Level In Over Two Months

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended March 4th.
RTTNews | Před 902 dny
BJ's Wholesale Q4 Results Top Estimates

BJ's Wholesale Q4 Results Top Estimates

Retailer BJ's Wholesale Club Holdings, Inc. (BJ) announced Thursday that profit for the fourth quarter increased 20.7 percent from last year, driven by improved gross margins and 13.1 percent revenue growth. Adjusted earnings per share and quarterly revenues topped analysts' estimates. The company also initiated earnings guidance for the full-year 2023, below estimates.
RTTNews | Před 902 dny

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