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Berita Valas
Yen Falls As Japan GDP Growth Slows In Q3
The Japanese yen weakened against other major currencies in the Asian session on Friday, as weak GDP data dampened expectations for more rate hikes by the Bank of Japan.
Data from the Cabinet Office showed that the Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024. That was in line with expectations and down from 0.7 percent in the second quarter.
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258 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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258 days ago
European Economic News Preview: UK GDP Data Due
Quarterly national accounts from the UK and final inflation from France and Italy are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK GDP data for the third quarter and industrial output and foreign trade figures for September. The economy is forecast to grow 0.2 percent sequentially after rising 0.5 percent in se
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258 days ago
FDA Approves PTC's Kebilidi As First Gene Therapy To Treat AADC Deficiency
The U.S. Food and Drug Administration approved PTC Therapeutics, Inc.'s Kebilidi (eladocagene exuparvovec-tneq) gene therapy for the treatment of aromatic L-amino acid decarboxylase or AADC deficiency. Kebilidi is the first FDA-approved gene therapy for the deficiency. PTC shares gained around 8.5 percent in the extended trading on the Nasdaq on Thursday.
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258 days ago
European Shares Set To Drift Lower After Powell Comments
European stocks may open on a sluggish note Friday after Federal Reserve Chair Jerome Powell signaled a cautious approach on rate cuts, given persistent inflationary pressures.
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258 days ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders react to a bunch of upbeat economic data from the region, including upbeat GDP data from Japan. Regional gains remained very modest after the U.S. Fed said it would slash interest rates carefully amid inflation pressures. Asian markets ended mixed on Thursday.
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258 days ago
Indian Markets Closed For Public Holiday
Indian stock markets remain closed today on account of Guru Nanak Jayanti.
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258 days ago
more news
China Industrial Output Rises 5.3% On Year In October
Industrial production in China was up 5.3 percent on year in October, the National Bureau of Statistics said on Friday - slowing from 5.4 percent in September and missing expectations for 5.5 percent.
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258 days ago
Japanese Market Significantly Higher
Snapping a three-session losing streak, the Japanese stock market is significantly higher on Friday, despite the broadly negative cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 38,800 level, with gains across all sectors led by index heavyweights and technology stocks as traders reacted to solid domestic GDP data.
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258 days ago
Thai Shares Tipped To Open In The Red On Friday
The Thai stock market turned lower again on Thursday, one day after snapping the three-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's expected to open under pressure again on Friday.
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258 days ago
Australian Market Notably Higher
The Australian stock market is notably higher on Friday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by gold miners and technology stocks.
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258 days ago
Indonesia Bourse May Give Up Support At 7,200 Points
The Indonesia stock market has finished lower in back-to-back sessions, shedding almost 110 points or 1.3 percent along the way. The Jakarta Composite Index now rests just beneath the 7,215-point plateau and it's expected to extend its slide again on Friday.
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258 days ago
Oversold Hang Seng Nonetheless Called Lower Again
The Hong Kong stock market has moved lower in five straight sessions, slumping more than 1,600 points or 7.6 percent along the way. The Hang Seng Index now sits just beneath the 19,435-point plateau and it's got another negative lead for Friday's trade.
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258 days ago
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