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Berita Valas
U.S. Job Openings Unexpectedly Edge Higher In December
Job opening in the U.S. unexpectedly increased in the month of December, according to a report released by the Labor Department on Tuesday. The Labor Department said job openings rose to 9.03 million in December from an upwardly revised 8.93 million in November.
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570 days ago
GM Q4 Results Top Estimates, Sees FY24 Earnings Above Market; Stock Up
General Motors Co. on Tuesday reported higher profit and nearly flat revenues in its fourth quarter, both above market estimates. The automotive giant also issued fiscal 2024 earnings per share view, higher than last year, and also above the Street estimates. GM shares were gaining more than 9 percent to trade at $38.67 on the New York Stock Exchange.
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570 days ago
Eurozone Narrowly Avoids Recession
The euro area economy stagnated in the fourth quarter avoiding a technical recession as the southern European economies, mainly Spain and Italy, achieved better growth. Gross domestic product remained flat after falling 0.1 percent in the third quarter, the preliminary flash estimate from Eurostat showed on Tuesday. Economists had forecast another 0.1 percent fall in the fourth quarter.
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570 days ago
U.S. Dollar Advances As Investors Await Fed Meeting
The U.S. dollar climbed against its major counterparts in the European session on Monday, as investors awaited the U.S. Federal Reserve's policy meeting for clues on the timing of interest rate cuts.
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570 days ago
UK Mortgage Approvals Reach 6-Month High
British mortgage approvals hit a six-month high in December as interest rates dropped for the first time in more than two years, data published by the Bank of England showed on Tuesday. Approvals for house purchases, an indicator of future borrowing, increased to 50,500 in December from 49,300 in November.
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570 days ago
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note Tuesday morning, tracking commodity prices, and reports on U.S. consumer confidence and job openings. With the U.S. central bank set to announce its policy on Wednesday, and some crucial Canadian economic data due later in the week, the mood is likely to remain cautious.
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570 days ago
German Economy To Enter Recession In Q1 - Ifo
Germany's economic output is set to shrink in the first quarter by a further 0.2 percent amid a decline in demand across the board, ifo Institute forecast on Tuesday. "This would tip the German economy into recession," ifo Head of Forecasts Timo Wollmershauser said.
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570 days ago
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HSBC Fined £57.4 Mln For Failures In Deposit Protection
British lending major HSBC Holdings Plc has been fined 57.42 million pounds by the Bank of England's Prudential Regulation Authority or PRA for failures in customer deposit protection identification and notification. The fine, the second highest imposed by the PRA, reflects the seriousness of the failings, according to the financial watchdog.
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570 days ago
Sensex Plunges Over 800 Points; Nifty Nears 21,500
Indian shares fell sharply on Tuesday as heightened geopolitical tensions in the Middle East coupled with growing property sector concerns in China prompted investors to book profits after recent strong gains.
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570 days ago
European Shares Slightly Higher; Flash Eurozone GDP Data Awaited
European stocks traded higher on Tuesday as investors digested mixed regional data and looked ahead to key Fed and BOE meetings this week for directional cues.
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570 days ago
FTSE 100 Rises As Shop Price Inflation Drops Sharply
U.K. stocks advanced on Tuesday as new data showed British shop price inflation fell sharply in January to reach its lowest rate in almost two years amid heavy discounting from retailers around the Christmas period.
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570 days ago
CAC 40 Gains As France Escapes Recession
French stocks rose modestly on Tuesday as data showed the country narrowly escaped a recession in the latter half of last year.
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570 days ago
DAX Edges Higher As Investors Await GDP Data
German stocks were seeing modest gains on Tuesday ahead of fourth-quarter Gross Domestic Product (GDP) data for Germany and the Eurozone due out later in the day.
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570 days ago
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