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Berita Valas
South Korea Shares May Bounce Higher Again On Friday
The South Korea stock market on Thursday ended the three-day winning streak in which it had climbed almost 65 points or 2.5 percent. The KOSPI now sits just above the 2,680-point plateau and it's tipped to open in the green on Friday.
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503 days ago
Australia Home Loan Data Due On Friday
Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
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504 days ago
TSX Ends Moderately Higher
After a slightly positive start and a subsequent drop, the Canadian market recovered and edged higher to eventually settle on a firm note on Thursday, as comments from Bank of India Governor Tiff Macklem that the central bank is getting closer to start reducing interest rates aided sentiment.
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504 days ago
Swiss Market Ends Weak After Hot Inflation Data
After staying a bit positive till around mid morning, Swiss stocks struggled for direction till a couple of hours past noon, and then drifted lower to end on a weak note on Thursday. Hotter than expected inflation data, and a report showing a drop in retail sales weighed on sentiment.
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504 days ago
Euro Weakens Against Some Majors
The euro dropped against some of major counterparts in the New York session on Thursday.
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504 days ago
Major European Markets Close Lower On Rate Uncertainty, Growth Concerns
The major European markets closed lower on Thursday as investors reacted to corporate earnings updates, and the Federal Reserve's monetary policy announcement that indicated interest rate in the U.S. will remain higher for a longer period.
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504 days ago
Canadian Dollar Rises Against U.S. Dollar, Euro
The Canadian dollar moved up against the U.S. dollar and the euro in the New York session on Thursday.
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504 days ago
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Pound Falls Against Majors
The pound declined against its major counterparts in the New York session on Thursday.
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504 days ago
Canadian Market Modestly Higher Around Noon
The Canadian market is up in positive territory around noon on Thursday, led by gains in industrials, real estate and energy sectors. Investors are largely reacting to quarterly earnings updates, and the undertone is a bit firm thanks to comments from Bank of India Governon Tiff Macklem that the central bank is getting closer to start reducing interest rates.
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504 days ago
U.S. Factory Orders Surge In Line With Estimates In March
New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders shot up by 1.6 percent in March after jumping by a downwardly revised 1.2 percent in February.
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504 days ago
U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike
A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected in the first quarter of 2024. The Labor Department said labor productivity rose by 0.3 percent in the first quarter after spiking by a revised 3.5 percent in the fourth quarter. Economists had expected productivity to climb by 0.8 percent.
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504 days ago
Accenture To Acquire Brazilian Creative Agency SOKO For Undisclosed Terms
Accenture plc (ACN) announced Thursday it has agreed to acquire Brazilian creative agency SOKO. The terms of the transaction were not disclosed. The completion of the acquisition is subject to regulatory approvals and other customary closing conditions.
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504 days ago
OECD Raises Global Growth Forecasts
The Organization for Economic and Co-operation and Development on Thursday lifted the global growth forecast for this year and next despite some substantial concerns about the outlook. The Paris-based think tank raised the global growth forecast for this year to 3.1 percent from 2.9 percent projected in February. The outlook for next year was lifted to 3.2 percent from 3.0 percent.
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504 days ago
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