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Thai Central Bank Hikes Rate By 25 Bps

Thailand's central bank lifted its key interest rate by another quarter point to the highest level in a decade and hinted that rates are unlikely to be raised again as inflation remains below target. The Monetary Policy Committee of the Bank of Thailand unanimously voted to raise the benchmark rate to 2.50 percent from 2.25 percent.
RTTNews | 683 일 전
German Consumer Confidence Set To Weaken Further

German Consumer Confidence Set To Weaken Further

Germany's consumer confidence is set to erode again in October, as households turned more cautious on spending amid persistently high inflation and little chance of improvement in the economic outlook, resulting in a sharp rise in their saving intentions, results of the monthly survey by the market research group GfK showed Wednesday.
RTTNews | 683 일 전
European Shares Rebound On China Recovery Hopes

European Shares Rebound On China Recovery Hopes

European stocks rose on Wednesday to snap a four-day winning streak after data showed profits at China's industrial firms in August posted a surprise surge of 17.2 percent from a year earlier.
RTTNews | 683 일 전
Yen Rises Against Most Majors

Yen Rises Against Most Majors

The Japanese yen strengthened against most major currencies in the pre-European session on Wednesday.
RTTNews | 683 일 전
Target To Close Nine Stores Due To Theft, Organized Retail Crime

Target To Close Nine Stores Due To Theft, Organized Retail Crime

Retail major Target Corp. is closing nine stores across four states, effective October 21, citing increased theft and organized retail crime that threaten the safety of team and guests. In a statement, the company said it cannot continue operating these stores as theft and organized retail crime are also contributing to unsustainable business performance amid unsafe working and shopping...
RTTNews | 683 일 전
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Antipodean Currencies Slide Amid Risk Aversion

Antipodean Currencies Slide Amid Risk Aversion

Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday, as investors remained cautious after the U.S. Fed recently forecast another rate hike before the end of the year and keeping rates at elevated levels for longer than previously anticipated.
RTTNews | 683 일 전
European Shares Seen Lower At Open

European Shares Seen Lower At Open

European stocks may open on a sluggish note Wednesday despite gains in U.S. stock futures and fresh signs of economic recovery in China.
RTTNews | 683 일 전

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