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Forex News
Japan Has Y2.772 Trillion Current Account Surplus In July
Japan posted a current account surplus of 2.772 trillion yen in July, the Ministry of Finance said on Friday.
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642 days ago
Malaysia Shares May Be Stuck In Neutral Again On Friday
The Malaysia stock market headed south again on Thursday, one session after ending the two-day slide in which it had fallen almost 10 points or 0.7 percent. The Kuala Lumpur Composite Index now sits just above the 1,460-point plateau and it's likely to be rangebound again on Friday.
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642 days ago
South Korea Has $3.58 Billion Current Account Surplus In July
South Korea posted a current account surplus of $3.58 billion in July, the Bank of Korea said on Friday - down from $5.87 billion in June.
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642 days ago
Little Movement Expected For South Korea Shares
The South Korea stock market has ticked lower in three straight sessions, sinking more than 35 points or 1.4 percent along the way. The KOSPI now sits just beneath the 2,550-point plateau and it may be stuck in neutral again on Friday.
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642 days ago
TSX Ends Weak For 3rd Straight Day
The Canadian stock market ended weak on Thursday, weighed down by losses in consumer staples, technology and communications sectors.
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642 days ago
Swiss Market Ends On Firm Note
The Switzerland stock market ended on a firm note on Thursday, bucking the largely weak trend seen across Europe.
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642 days ago
Major European Markets Close On Mixed Note After Volatile Session
The major European markets ended on a mixed note on Thursday with investors largely making cautious moves, digesting the latest batch of economic data, and assessing the policy stance of major central banks.
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642 days ago
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Falling U.S. Jobless Claims Lift Dollar
The U.S. dollar appreciated against its most major opponents in the European session on Thursday, as an unexpected decrease in initial jobless claims last week supported expectations that the Federal Reserve will keep rates higher for a longer period.
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642 days ago
Eurozone Q2 GDP Growth Revised Down
The euro area economy logged only a marginal growth in the second quarter reigniting fears of a recession after the net trade acted as a drag on growth. Revised estimate published by the Eurostat on Thursday showed that the 20-nation currency bloc grew by a marginal 0.1 percent in the June quarter. The rate was revised down from 0.3 percent estimated on August 16.
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642 days ago
U.S. Jobless Claims Unexpectedly Drop To Nearly Seven-Month Low
First-time claims for U.S. unemployment benefits unexpectedly saw a continued decline in the week ended September 2nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 216,000, a decrease of 13,000 from the previous week's revised level of 229,000.
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642 days ago
Ball Corp. CFO Scott Morrison To Retire; Names Howard Yu To Succeed Him
Ball Corp. (BALL) announced Thursday that Scott Morrison, executive vice president and chief financial officer, will retire from the role after more than two decades with the company.
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642 days ago
China Exports & Imports Register Slower Decline
China's exports declined at a slower pace in August as the weaker yuan made shipments more competitive and imports decreased less than expected on improving commodity demand, official data revealed on Thursday. Exports slid 8.8 percent on a yearly basis in August but slower than the 14.5 percent decline in July, the General Administration of Customs reported.
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642 days ago
WeWork To Renegotiate Nearly All Its Leases
WeWork Inc. said it is starting a process to renegotiate nearly all its leases worldwide as the loss-making flexible space provider tries to fix its financial troubles. As part of the move, the company, which offers workspaces and services, plans to exit unfit and underperforming locations and to reinvest in its strongest assets.
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642 days ago
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