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Profit Taking Expected For Taiwan Stock Market
The Taiwan stock market has moved higher in three straight sessions, accelerating almost 680 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 21,675-point plateau although investors may cash in on Friday.
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vor 84 Tagen
Hong Kong Bourse May Spin Its Wheels On Friday
The Hong Kong stock market has moved higher in three consecutive sessions, accelerating almost 750 points or 3.5 percent along the way. The Hang Seng Index now sits just above the 23,900-point plateau although it's likely to be stuck in neutral on Friday.
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vor 84 Tagen
Japan Household Spending Sinks 1.8% In April
The average of household spending in Japan was down a seasonally adjusted 1.8 percent on month in April, the Ministry of Internal Affairs and Communications said on Friday - coming in at 325,717 yen.
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vor 84 Tagen
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it may run out steam on Friday.
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vor 84 Tagen
Japan Bourse May Extend Thursday's Losses
The Japan stock market headed south again on Thursday, one day after ending the three-day losing streak in which it had tumbled almost 1,000 points or 2.8 percent. The Nikkei 225 now sits just above the 37,550-point plateau and the losses may accelerate on Friday.
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vor 84 Tagen
Australia Building Approval Data Due On Friday
Australia will on Friday release April figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to fall 5.7 percent on month and rise 5.1 percent on year after sinking 8.8 percent on month and climbing 9.9 percent on year in March.
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vor 84 Tagen
ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered
The European Central Bank slashed its interest rates by 25 basis points on Thursday, in line with expectations, while the staff trimmed the euro area price growth projections for this year and next citing prospects of energy prices and stronger euro going forward.
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vor 85 Tagen
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Euro Mixed After ECB Announcement
The euro showed mixed trading against its major counterparts in the New York session on Thursday, after the European Central Bank lowered its key rates by 25 basis points, as expected.
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vor 85 Tagen
Swiss Market Ends Marginally Up
The Switzerland market, which stayed positive till well past noon on Thursday, suffered a mild setback in the penultimate hour of the session, but recovered to end the day's session marginally higher.
Investors reacted positively to the European Central Bank's decision to lower interest rate by 25 basis points.
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vor 85 Tagen
European Stocks Close Slightly Higher
European stocks closed slightly higher on Thursday with investors digesting the European Central Bank's interest rate decision, and a slew of regional economic data, in addition to assessing the potential impact of Trump Administration's tariff moves on global trade and growth.
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vor 85 Tagen
Canadian Market Modestly Higher In Cautious Trade
Canadian stocks are turning in a mixed performance on Thursday with investors largely making cautious moves, looking ahead to the crucial U.S. and Canadian jobs data due on Friday.
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vor 85 Tagen
U.S. Labor Productivity Slumps 1.5% In Q1, Much More Than Previously Estimated
Revised data released by the Labor Department on Thursday showed U.S. labor productivity tumbled by much more than previously estimated in the first quarter of 2025. The Labor Department said labor productivity slumped by 1.5 percent in the first quarter compared to the previously reported 0.8 percent decline. Economists had expected the decrease by labor productivity to be revised to 0.7 percent.
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vor 85 Tagen
U.S. Trade Deficit Narrows Substantially In April As Imports Plummet
Largely reflecting a sharp pullback by the value of the imports, the Commerce Department released a report on Thursday showing a substantial decrease in the size of the U.S. trade deficit in the month of April. The Commerce Department said the U.S. trade deficit narrowed to $61.6 billion in April from a revised $138.3 billion in March.
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vor 85 Tagen
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