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NZ Dollar Rises After Risk Appetite

The New Zealand dollar strengthened against other major currencies in the Asian session on Monday amid risk appetite among traders, following the broadly positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of U.S. President-elect Donald Trump amid speculations on the potential impact of his policies.
RTTNews | 232 days ago
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews | 232 days ago
SmartDrive Speed Control Dial Recalled Due To Unresponsive Motor

SmartDrive Speed Control Dial Recalled Due To Unresponsive Motor

Advanced medical technology firm Max Mobility/Permobil, part of Patricia Industries, a unit of Sweden's Investor AB, has recalled the Speed Control Dial component used with the SmartDrive MX2+ Power Assist Device, citing the potential safety and performance concerns. The recall was initiated after receiving 646 complaints associated with the Speed Control Dial as of December 12, 2024.
RTTNews | 233 days ago
China Retains Loan Prime Rates As Expected

China Retains Loan Prime Rates As Expected

The People's Bank of China maintained its interest rates unchanged for the third straight session on Monday as policymakers await the stance of new US administration. The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations.
RTTNews | 233 days ago
Sensex, Nifty Open Higher; Financials Underperform

Sensex, Nifty Open Higher; Financials Underperform

Indian shares followed global peers higher on Monday, though overall gains remained capped due to uncertainty surrounding Donald Trump's trade policies and caution ahead of the Union Budget.
RTTNews | 233 days ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of US President-elect Donald Trump amid speculations on the potential impact of his policies. Asian markets closed mixed on Friday.
RTTNews | 233 days ago
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Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market halved its early gains in mid-market trading on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by energy and technology stocks. Gold miners are the only weak spot.
RTTNews | 233 days ago
Thai Bourse Likely To End Losing Streak

Thai Bourse Likely To End Losing Streak

The Thai stock market has ticked lower in two straight sessions, slipping more than a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it may stop the bleeding on Monday.
RTTNews | 233 days ago
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, improving almost 200 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,150-point plateau and it's expected to add to its winnings again on Monday.
RTTNews | 233 days ago
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Monday, reversing the losses in the previous session, with the Nikkei 225 moving up to near the 38,900 level, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | 233 days ago
Hong Kong Shares May Challenge 20,000-Point Level

Hong Kong Shares May Challenge 20,000-Point Level

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 700 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 19,580-point plateau and it's got another green light for Monday's trade.
RTTNews | 233 days ago

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