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DAX Edges Higher In Cautious Trade As UK Accelerates Tax Plans
(RTTNews) - German shares edged up in cautious trade on Monday as investors awaited clarity on U.K.'s fiscal plan.
British new finance minister Jeremy Hunt will lay out details of some of the government's tax plans later today.
The announcement comes two weeks early after a series of abrupt U-turns by the government on its mini budget failed to calm worries about its economic credibility.
The benchmark DAX was up 41 points, or 0.3 percent, at 12,478 after rising 0.7 percent on Friday.
Drägerwerk shares fell nearly 4 percent. The company reported that its preliminary net sales for the third quarter declined 9.1 percent, net of currency effects, to around 725 million euros from the prior year's 769.6 million euros.
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China Stock Market May Hand Back Wednesday's Gains
The China stock market bounced higher again on Wednesday, one day after ending the two-day winning streak in which it had gained more than 60 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,770-point plateau although it may open under pressure again on Thursday.
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17 minut temu
Japan Manufacturing PMI Improves Top 49.9 - Jibun
The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
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43 minut temu
Soft Start Predicted For Taiwan Stock Market
The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.
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47 minut temu
Win Streak May End For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
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1g 17 minut temu
Malaysia Bourse May Extend Wednesday's Losses
The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
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1g 47 minut temu
Continued Consolidation Called For Nikkei
The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.
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2g 2 minut temu
New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
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2g 11 minut temu
Australia Manufacturing PMI Improves To 52.9 - S&P Global
The manufacturing sector in Australia continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 52.9.
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2g 12 minut temu
