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Singapore Inflation Data Due On Monday
(RTTNews) - Singapore will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, overall inflation was down 0.3 percent on month and up 1.4 percent on year, while core CPI rose an annual 2.1 percent.
Taiwan will see November figures for industrial production and unemployment; in October, industrial output was up 8.85 percent on year, while the jobless rate came in at 3.38 percent.
Thailand is scheduled to provide November data for imports, exports and trade balance. In October, imports jumped 15.9 percent on year and exports climbed 14.6 percent for a trade deficit of $790 million.
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Asian Shares Advance On US-China Trade Talk Hopes
Asian stocks advanced on Wednesday after confirmation that trade talks between the U.S. and China would take place in Switzerland this week, the first formal talks between the countries since U.S. President Donald Trump declared sweeping tariffs last month.
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28 मिनटों पहले
Yen Slides Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday amid increased risk-on by the investors, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.
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44 मिनटों पहले
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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1घंटे 34 मिनट पहले
China Unveils Monetary Easing Measures
The People's Bank of China reduced its benchmark interest rate and reserve requirement ratio and also unveiled a slew of measures to support economy hit by trade tariffs. The PBoC cut the 7-day reverse repo rate by 10 basis points to 1.4 percent. The new rate takes effect on May 8.
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1घंटे 49 मिनट पहले
European Shares Seen Up As China Eases Policy To Boost Growth
European stocks are seen opening broadly higher on Wednesday after chipmaker AMD reported better-than-expected earnings results and Chinese authorities announced a raft of stimulus measures, including interest rate cuts and a major liquidity injection, to help boost the economy.
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3घंटे 31 मिनट पहले
European Economic News Preview: Germany Factory Orders Data Due
Factory orders and construction Purchasing Managers' survey results from Germany are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for March. Orders are forecast to grow 1.4 percent month-on-month, after remaining flat in February.
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3घंटे 46 मिनट पहले
Sensex, Nifty Marginally Higher In Cautious Trade
Indian shares were flat to slightly higher on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
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4घंटे 41 मिनट पहले
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
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5घंटे 43 मिनट पहले
