外匯新聞

German Ifo Business Confidence Worsens In December

Business sentiment in Germany fell to the weakest level since 2020 in December as firms were more skeptical about the economic outlook, survey results from the ifo Institute showed on Tuesday, amid the prospect of trade rifts with the U.S. and the uncertainty surrounding domestic economic policies. The ifo business climate index fell to 84.7 in December from 85.6 in the previous month.
RTTNews | 253天前
Alibaba Sees $1.3 Bln Loss On Sale Of Intime Store Chain

Alibaba Sees $1.3 Bln Loss On Sale Of Intime Store Chain

Alibaba Group Holding Limited announced its agreement to sell Intime department store chain in China to textile and apparel company Youngor Group-led consortium in around RMB 7.4 billion or $1.0 billion deal. The online marketplace company, which currently holds 99 percent stake in Intime, expects to record losses of around RMB 9.3 billion or $1.3 billion as a result of the planned sale.
RTTNews | 253天前
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | 253天前
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DAX Edges Lower As Investors Weigh Political Risks

DAX Edges Lower As Investors Weigh Political Risks

German stocks drifted lower on Tuesday due to linger political uncertainties in Germany and France, and ahead of the release of German Ifo business climate index and ZEW economic sentiment numbers for December later in the day.
RTTNews | 253天前
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and business confidence survey results from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for October. The unemployment rate is forecast to remain unchanged at 4.3 percent in three months to October.
RTTNews | 253天前

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