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Forex News
Sam's Club Offers $10 Memberships For 40th Birthday
Sam's Club, a division of Walmart Inc., has unveiled various offers to mark its 40th birthday this month, including a limited period membership offer of $10 for first-time members. The offers include activations that celebrate membership, including in-club events, an exclusive café item, more than $100 in savings and rewards for members, among others.
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820 days ago
Asian Shares End Mixed On US Recession Worries
Asian stocks recovered early losses to end mixed on Thursday after minutes from the Fed's Open Markets Committee March 21-22 meeting indicated that Fed officials see the U.S. economy entering a "mild recession" by year's end in the wake of the banking crisis.
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820 days ago
China Exports Log Unexpected Growth; Imports Fall
China exports posted a surprise growth in March, while imports continued to fall, albeit slowly, as foreign trade gained strength following the relaxation of the zero Covid policy. Exports expanded 14.8 percent on a yearly basis in March, the General Administration of Customs reported Thursday. This was the first growth in six months.
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820 days ago
Aussie Rises As Solid Jobs Data Signaled Further Rate Hike
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as the stronger jobs data in March pointed to a tight labor market that could keep inflation elevated and open doors for the Reserve Bank to raise interest rates again.
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820 days ago
European Shares To Open On Cautious Note On US Recession Fears
European stocks may open on a cautious note on Thursday after the latest Fed minutes showed policymakers are eyeing a mild recession this year.
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820 days ago
European Economic News Preview: UK GDP Data Due
Monthly GDP from the UK and final inflation from Germany are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK monthly GDP data for February. The economy is forecast to grow marginally by 0.1 percent on month, slower than the 0.3 percent expansion registered in January.
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820 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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820 days ago
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Sensex, Nifty Struggle For Direction In Early Trade: IT Stocks Decline
Indian shares struggled for direction in early trade on Thursday amid concerns that moderating inflation in the U.S. won't be enough to prevent the Federal Reserve from hiking rates again in May.
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820 days ago
Indian Shares Seen Flat To Lower As Fed Worries Persist
Indian shares are seen opening a tad lower on Thursday as TCS posted disappointing earnings for the fourth quarter and oil prices continue to climb, raising worries over central banks keeping rates higher for longer.
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820 days ago
Asian Shares Subdued On Recession Worries
Asian stocks were seeing modest losses on Thursday on concerns that moderating inflation in the U.S. won't be enough to prevent the Federal Reserve from hiking rates again in May.
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820 days ago
Soft Start Anticipated For Indonesia Stock Market
The Indonesia stock market moved lower again on Wednesday, one day after ending the three-day slide in which it had slumped more than 60 points or 0.8 percent. The Jakarta Composite Index now rests just beneath the 6,800-point plateau and it's expected to open lower again on Thursday.
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820 days ago
Hong Kong Stock Market Tipped To Open In The Red
The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had advanced more than 210 points or 1 percent. The Hang Seng Index now sits just above the 20,300-point plateau and it's looking at another soft start again on Thursday.
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820 days ago
Renewed Selling Pressure Likely For China Shares
The China stock market on Wednesday snapped the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Shanghai Composite Index now sits just above the 3,325-point plateau although it's expected to head south again on Thursday.
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820 days ago
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