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Japan Industrial Production Data Due On Monday
(RTTNews) - Japan will on Monday see final August numbers for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is called flat on month after sinking 1.8 percent in July.
New Zealand will see September results for the Performance of Services Index from BusinessNZ; in August, the index score was 47.1.
Indonesia will provide September figures for imports, exports and trade balance. In August, imports were down 14.77 percent on year and exports stumbled an annual 21.21 percent for a trade surplus of $3.12 billion.
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Yen Falls As U.S. Court Blocks Trump's Tariffs
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.
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vor 33 Minuten
European Shares Set To Open On Buoyant Note
European stocks may open on a buoyant note Thursday as chip giant Nvidia reported better-than-expected earnings and revenue, and a U.S. federal court blocked President Donald Trump's attempt to impose sweeping tariffs under emergency powers, dealing a blow to a key part of his economic agenda.
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vor 1Std 16 Minuten
Bank Of Korea Cuts Policy Rate By 25 Bps
The Bank of Korea lowered its benchmark rate by a quarter-point to mitigate downside pressure on the economy. The monetary policy board, governed by Rhee Chang Yong, unanimously decided to cut the Base Rate by 25 basis points to 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point in February.
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vor 2Std 0 Minuten
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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vor 2Std 6 Minuten
Sensex, Nifty Modestly Higher; IT Stocks Lead Gains
Indian shares opened on a firm note Thursday after technology giant Nvidia buoyed investors with a bullish outlook for the growth in artificial intelligence and the U.S. Court of International Trade blocked President Trump's proposed "Liberation Day" tariffs, saying he had overstepped his authority.
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vor 2Std 38 Minuten
Australian Market Slightly Trims Early Gains In Mid-market
The Australian market is slightly trimming its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy and technology stocks partially offset by a mixed performance in mining and financial stocks.
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vor 3Std 35 Minuten
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, after a U.S. federal court blocked US President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority. Asian markets closed mostly lower on Wednesday.
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vor 3Std 55 Minuten
Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs
Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
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vor 4Std 30 Minuten
