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Asian Stocks Mixed In Holiday Trade
Asian markets moved mixed on Monday amidst holidays in several regions. Bank of Japan continuing with its ultra-loose monetary policy and maintaining status quo on the yield curve control policy helped sentiment. Mood was also supported by the view that Reserve Bank of Australia would be holding rates steady in its impending review due on Tuesday.
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826 dni temu
Adidas Sued By Investors Over Kanye West's Yeezy Deal
Sportswear giant Adidas has been sued by investors over its now terminated partnership with Yeezy brand, owned by American designer and rapper Kanye West, reports said. West is not party to the lawsuit, which was filed over allegations that the German firm was aware of his problematic behaviour years before it ended their partnership. They also alleged that the company failed to limit financial...
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826 dni temu
South Korea Exports Fall For Seventh Straight Month
South Korea's exports declined for the seventh consecutive month in April due to the weak demand for semiconductors and a continuing fall in shipments to China, figures from the Ministry of Trade, Industry and Energy showed Monday. Exports decreased 14.2 percent on a yearly basis in April, bigger than March's 13.6 percent decrease. Shipments were forecast to drop 13.5 percent.
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826 dni temu
Yen Falls, Aussie Rises; As Asian Stock Markets Traded Higher
The Japanese yen weakened and the Australian dollar strengthened against their major currencies in the Asian session on Monday, as most Asian stock markets traded higher following the broadly positive cues from global markets on Friday. Traders digest the better-than-expected US consumer price inflation data that is expected to impact the outlook for interest rate hikes. Most of the markets in the region closed for Labor Day holiday.
Traders now look ahead to the U.S. Federal Reserve's monetary policy meeting scheduled for Wednesday. "The FOMC will hike another quarter-point, and may indicate further hikes remain a possibility," FHN Financial Chief Economist Chris Low said.
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826 dni temu
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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827 dni temu
Teva Recalls FENTANYL Buccal Tablets CII
Teva Pharmaceuticals USA is recalling specific lots of various strengths of FENTANYL Buccal Tablets CII to the consumer level citing a labeling error, the U.S. Food and Drug Administration said. The recall has been initiated because safety updates were omitted in the product insert/medication guide that are provided with these recalled lots.
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827 dni temu
Yen Falls Against Majors
The Japanese weakened against other major currencies in the Asian session on Monday.
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827 dni temu
more news
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Monday in thin holiday trading, following the broadly positive cues from global markets on Friday, with most of the markets in the region closed for Labor Day holiday. Traders digest the better-than-expected US consumer price inflation data that is expected to impact the outlook for interest rate hikes. Asian markets closed mostly higher on Friday.
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827 dni temu
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 29,000 mark to eight-month highs, following the positive cues from global markets on Friday, with notable gains in heavyweight stocks after the Bank of Japan kept rates at ultra-low levels.
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827 dni temu
Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by energy and technology stocks.
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827 dni temu
Japan Manufacturing PMI Improves To 49.5 In April - Jibun
The manufacturing sector in Japan continued to contract in April, albeit at a slower rate, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.5.
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827 dni temu
Australia Manufacturing PMI Sinks Further Into Contraction - Judo Bank
The manufacturing sector in Australia continued to contract in April, and at a faster rate, the latest survey from Judo Bank revealed on Monday with a 35-month low manufacturing PMI score of 48.0.
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827 dni temu
Japan Household Confidence Index Data Due On Monday
Japan will on Monday see April results for its household confidence index, highlighting a light day for Asia-Pacific economic activity. The index is expected to see a score of 34.7, up from 33.9 in March.
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827 dni temu
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