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Tech Surge Poised To Propel South Korea Shares
The South Korea stock market on Thursday halted the four-day winning streak in which it had soared almost 100 points or 4 percent. The KOSPI now rests just above the 2,400-point plateau although it's expected to bounce higher again on Friday.
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Před 944 dny
Canadian Shares Rally On Soft U.S. Inflation Data; TSX Ends 3.3% Up
The Canadian market ended on an upbeat note on Thursday as stocks rallied sharply as investors went on a buying spree after data showed a smaller than expected increase in U.S. consumer prices, lifting hopes the Fed will start slowing the pace of its policy tightening measures.
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Před 944 dny
New Zealand Manufacturing Sector Slips Into Contraction - BusinessNZ
The business sector in New Zealand fell into contraction in October, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 49.3.
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Před 944 dny
Japan Producer Price Data Due On Friday
Japan will on Friday release October data for producer prices, highlighting a light day for Asia-Pacific economic activity.
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Před 944 dny
New Zealand Food Prices Spike 10.1% On Year In October
Food prices in New Zealand surged 10.1 percent on year in October, Statistics New Zealand said on Friday - accelerating from the 8.3 percent increase in September.
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Před 944 dny
Dollar Loses Ground On Soft Inflation Data
The U.S. dollar turned weak against its major counterparts on Thursday after data showed consumer prices in the U.S. rose less than expected in October, raising hopes the Federal Reserve will slow the pace of monetary tightening in the coming months.
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SMI Ends On Buoyant Note On Fading Concerns About Aggressive Rate Hikes
The Switzerland stock market ended on a buoyant note on Thursday, despite languishing in negative territory till about an hour past noon.
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Před 944 dny
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European Stocks Close Sharply Higher On U.S. Inflation Data
After struggling for direction till around mid afternoon, European stocks flared up in the final hour of the session on Thursday after data showing a smaller than expected rise in U.S. consumer prices helped raise optimism the Fed will slow the pace of interest rate hike as early as next month.
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Před 944 dny
Canadian Stocks Rising Sharply On Soft U.S. Inflation Data
Canadian shares are up sharply on Thursday thanks to hectic buying across the board after data showing a smaller than expected increase in consumer prices in the U.S. helped raise optimism the Fed will slow the pace of interest rate hikes as early as next month.
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Před 944 dny
Slowdown In U.S. Consumer Inflation Pulls Down Dollar
The U.S. dollar moved down against its major rivals in the European session on Thursday, after a data showed that the nation's consumer prices increased less than expected in October, raising hopes for a slower pace of tightening by the Federal Reserve in the future.
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Před 944 dny
Boeing Finalizes Order For Two 777-8 Freighters With Silk Way West Airlines
Boeing Co. (BA) announced Thursday that Silk Way West Airlines has finalized an order of two 777-8 Freighters, with options for two additional airplanes. The two companies announced the agreement at a signing ceremony today at Boeing Commercial Airplanes' Seattle Delivery Center.
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Před 944 dny
U.S. Weekly Jobless Claims Inch Up To 225,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended November 5th. The Labor Department said initial jobless claims crept up to 225,000, an increase of 7,000 from the previous week's revised level of 218,000.
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Před 944 dny
U.S. Consumer Price Growth Slows More Than Expected In October
The Labor Department released a highly anticipated report on Thursday showing U.S. consumer prices increased by less than expected in the month of October. The report showed the consumer price index rose by 0.4 percent in October, matching the increase seen in September. Economists had expected consumer prices to climb by 0.6 percent.
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Před 944 dny
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