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Asian Shares Rise Led By Tech Stocks; Nikkei Scales Record High
Asian stocks advanced on Thursday as investors cheered Nvidia's strong Q4 earnings results, driven by demand for its chips to power artificial intelligence.
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vor 554 Tagen
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the pre-European session on Thursday.
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vor 554 Tagen
Bank Of Korea Keeps Rates On Hold
The Bank of Korea left its benchmark rate unchanged for the ninth consecutive meeting on Thursday and vowed to maintain a restrictive stance to stabilize inflation at 2 percent.
The Monetary Policy Board, led by Governor Rhee Chang-yong, unanimously decided to maintain the key base rate at 3.50 percent.
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vor 554 Tagen
Yen Falls Amid Risk Appetite
The Japanese yen weakened against other major currencies in the Asian session on Thursday amid risk appetite, boosted by strong gains in the technology sector after U.S. chipmaker Nvidia's upbeat outlook on robust demand for AI related chips. Traders shrugged off the U.S. Fed's latest monetary minutes, where officials remain wary of cutting interest rates too quickly.
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vor 554 Tagen
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results and final inflation from the euro area are the top economic news due on Thursday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue business sentiment survey results. The manufacturing confidence index is forecast to remain unchanged at 99 in February.
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vor 554 Tagen
European Shares Seen Tad Higher As Nvidia Smashes Earnings Expectations
European stocks are seen opening a tad higher on Thursday after Nvidia said its revenue more than tripled, and profits rose nine-fold.
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vor 554 Tagen
About 16.8 Mln Toshiba Laptop AC Adapters Recalled
Irvine, California-based Dynabook Americas Inc. is recalling about 16.8 million Toshiba laptop AC adapters citing burn and fire hazards, according to the U.S. Consumer Product Safety Commission. About 15.5 million Toshiba laptop AC adapters were sold in the United States, and about 1.3 million were sold in Canada.
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vor 554 Tagen
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Sensex, Nifty Subdued On Hawkish Fed Meeting Minutes
Indian shares traded slightly lower on Thursday after minutes from the Federal Reserve's Jan. 30-31 meeting revealed most officials remain wary of cutting interest rates "too quickly," fearing progress on inflation could stall out.
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vor 554 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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vor 554 Tagen
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, boosted by strong gains in the technology sector after US chipmaker Nvidia's upbeat outlook on robust demand for AI related chips. Traders shrugged off the US Fed's latest monetary minutes, where officials remain wary of cutting interest rates too quickly.
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vor 554 Tagen
Sensex, Nifty Seen Up On Growth Optimism
Indian shares look set to open higher on Thursday despite mixed cues from global markets.
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vor 554 Tagen
Japanese Market Sharply Higher
Recouping the losses in the previous four sessions, the Japanese stock market is sharply higher on Thursday, snapping the four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 38,800 level to fresh 34-year highs, with gains across most sectors led by index heavyweights and technology stocks.
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vor 554 Tagen
Thai Shares May Test Resistance At 1,400 Points
The Thai stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had picked up just 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,390-point plateau and it my inch slightly higher again on Thursday.
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vor 554 Tagen
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