China Loan Data On Tap For Wednesday

RTTNews | 1 day ago
China Loan Data On Tap For Wednesday

(RTTNews) - China will on Wednesday release October figures for new loans and money stock, highlighting a light day for Asia-Pacific economic activity.

New loans are expected to be worth CNY465.0 billion, down from CNY1.290 trillion, with loan growth expected to be steady at an annual 6.6 percent. The M2 money stock is tipped to rise 8.1 percent on year, easing from 8.4 percent in September.

Japan will see October numbers for money stock and machine tool orders. The M2 money stock us expected to rise 1.8 percent on year, up from 1.6 percent in September. Tool orders are seen higher by an annual 9.9 percent, up from 8.1 percent in the previous month.

South Korea will see unemployment data for October; in September, the jobless rate was 2.5 percent.

Australia will release Q3 figures for home loans; in the previous three months, home loans were up 2.4 percent on quarter.

read more
TSX Tumbles 2%; Technology, Financials Stocks Down Sharply

TSX Tumbles 2%; Technology, Financials Stocks Down Sharply

The Canadian market is down sharply Thursday afternoon, weighed down by a sell-off in tech stocks amid concerns about high valuations. Shares from healthcare, utilities and financials sectors are the other major losers.
RTTNews | 1h 30min ago
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended on a weak note on Thursday as stocks failed to hold early gains and drifted lower with investors taking some profits, cashing in recent gains.
RTTNews | 2h 6min ago
European Stocks Retreat After Positive Start, Close Broadly Lower

European Stocks Retreat After Positive Start, Close Broadly Lower

European stocks closed lower on Thursday as investors chose to take some profits after recent gains, following the signing of a funding bill by U.S. President Donald Trump paving the way for the end of the government shutdown in the world's largest economy.
RTTNews | 2h 36min ago
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Thursday, tracking earnings updates, and commodity prices. The end to the U.S. government shutdown following President Donald Trump signing a short term bill is likely to aid sentiment.
RTTNews | 7h 9min ago
Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
RTTNews | 7h 48min ago
UK Economy Logs Marginal Growth

UK Economy Logs Marginal Growth

The UK economy logged only a marginal growth in third quarter as the cyber attack on Jaguar Land Rover hit production, official data revealed on Thursday. Gross domestic product grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion, the Office for National Statistics reported Thursday. Output was expected to advance 0.2 percent.
RTTNews | 8h 31min ago