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Australia Retail Sales Data Due On Friday
(RTTNews) - Australia will on Friday provide September numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. In August, sales were up 0.6 percent on month.
Japan will see final October numbers for the services and composite PMIs from Jibun Bank; in September, their scores were 52.2 and 51.0, respectively.
Singapore will provide September figures for retail sales; in August, sales were down 1.3 percent on month and up 13.0 percent on year.
Thailand will release October data for consumer prices, with forecasts suggesting an increase of 6.0 percent on year for overall inflation and 3.2 percent on year for core CPI. In September, overall inflation was up an annual 6.41 percent and core CPI rose 3.12 percent.
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U.S. Economic Shrinks Slightly Less Than Previously Estimated In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy shrank by slightly less than previously estimated in the first quarter of 2025. The Commerce Department said real gross domestic product edged down by a revised 0.2 percent in the first quarter compared to the previously reported 0.3 percent dip. Economists had expected the modest decrease to be unrevised.
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hace 2h 29min
U.S. Weekly Jobless Claims Climb More Than Expected To 240,000
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 240,000, an increase of 14,000 from the previous week's revised level of 226,000. Economists had expected jobless claims to inch up to 230,000.
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hace 2h 32min
Hormel Foods Recalls 256K Pounds Of Canned Beef Stew Product
Hormel Foods Corp. is recalling around 256,185 pounds of canned beef stew product that may be contaminated with foreign material, specifically wood, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The Tucker, Georgia-based branded food major's recall involves 20-oz. metal cans containing "Dinty Moore BEEF STEW" with "BEST BY FEB 2028".
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hace 3h 6min
UK Vehicle Manufacturing Logs Weakest Start To Year Since 2009: SMMT
UK automotive manufacturing registered its weakest start to a year since 2009, the Society of Motor Manufacturers & Traders, or SMMT, said Thursday. Car and commercial vehicle production decreased 15.8 percent on a yearly basis to 59,203 units in April. Auto production fell to the lowest level for the month since 1952, excluding 2020 when the first Covid lockdown effectively saw manufacturing c
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hace 3h 34min
Bay Street Looks Set To Start On Firm Note
Canadian shares look headed for a firm start on Thursday, with encouraging earnings by Royal Bank of Canada and Canadian Imperial Bank of Commerce, and a U.S. court ruling against U.S. President Donald Trump's sweeping tariff moves set to lift sentiment.
RTTNews
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hace 3h 49min
U.S. GDP Dips Slightly Less Than Previously Estimated In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy shrank by slightly less than previously estimated in the first quarter of 2025.
RTTNews
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hace 4h 2min
U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday.
RTTNews
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hace 4h 7min
FTSE 100 Flat, As Market Turns Subdued After Positive Start
Despite easing trade tensions, the U.K. market is turning in a subdued performance on Thursday with investors largely making cautious moves.
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hace 5h 31min
