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UK Inflation At 3-Month Low
UK consumer prices grew at the slowest pace in three months in December, largely due to the slowdown in motor fuel inflation, which in turn reduced the squeeze on household spending. Consumer price inflation slowed for the second straight month in December, to 10.5 percent, as expected, from 10.7 percent in November, figures from the Office for National Statistics revealed Wednesday.
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933日前
Microsoft Reportedly To Cut Thousands Of Jobs
Tech major Microsoft Corp. plans to cut thousands of jobs in various divisions, mainly in human resources and engineering divisions amid slowing demand and weakening economic outlook worldwide, reports said. Citing sources, British broadcaster Sky News reported that the firm is finalising plans to cut about 5 percent of its more than 220,000 workforce, which would equate to about 11,000 roles.
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933日前
European Shares Struggle For Direction After Recent Gains
European stocks were little changed in cautious trade Wednesday after five consecutive sessions of gains.
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933日前
FTSE 100 Holds Steady As Inflation Falls Again
U.K. stocks were marginally higher on Wednesday after data showed consumer prices in the country rose at the slowest pace in three months in December, largely driven by the easing of motor fuel inflation.
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933日前
CAC 40 Little Changed On Mixed US Bank Earnings
French stocks were little changed on Wednesday as mixed messages from the fourth quarter results of major U.S. banks sparked concerns about the deteriorating credit risks.
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933日前
DAX Holds Steady In Lackluster Trade
German stocks were little changed on Wednesday as investors awaited a slew of U.S. economic data and more earnings this week for directional cues.
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933日前
Asian Shares Edge Higher Led By Japan
Asian stocks rose broadly on Wednesday, with Japanese markets leading regional gains as the yen plunged on dovish signals from the Bank of Japan.
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933日前
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Europe New Car Registrations Rise 12.8% In December: ACEA
European passenger car registrations climbed for the fifth month in a row in December, but at a slower pace than in November, as substantial decline was observed in the Spanish car market, monthly data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed on Wednesday.
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933日前
Japanese Yen Falls Sharply As BoJ Maintains Rate, Yield Curve Control Policy
The Japanese yen lost ground against its major counterparts in the Asian session on Wednesday, as the Bank of Japan kept its interest rates and yield curve control policy unchanged, defying expectations for a tweak in monetary policy framework.
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933日前
Bank Of Japan Maintains Yield Curve Control Defying Expectations
The Bank of Japan left its yield curve control, a core pillar of the monetary policy, unchanged on Wednesday, defying expectations for a tweak in its ultra-loose monetary regime as the central bank spend trillions to safeguard the yield target. The Policy Board of the BoJ, led by Governor Haruhiko Kuroda, unanimously decided to maintain a negative interest rate of -0.1 percent.
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933日前
European Economic News Preview: UK Inflation Data Due
Consumer prices from the UK and passenger car registrations from Europe are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics is set to release UK consumer prices for December. Inflation is forecast to ease to 10.5 percent from 10.7 percent in November.
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933日前
European Shares Set For Steady Start As BOJ Keeps Policy Unchanged
European stocks are seen opening broadly higher on Wednesday, with currency movements, bond yields and the latest batch of earnings results likely to be in focus.
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933日前
Sensex, Nifty Slightly Higher In Early Trade; Metal Stocks Gain
Indian shares opened a tad higher on Wednesday despite weak global cues.
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933日前
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