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China Adds Stimulus As Economic Recovery Picks Up

China Adds Stimulus As Economic Recovery Picks Up

China's central bank boosted liquidity in the financial system ahead of the release of official data that showed a faster-than-expected acceleration in industrial production and retail sales growth, which waned the possibility of the economy facing a substantial slowdown, although the real estate market continues to pose risks along with unfavorable external conditions.
RTTNews | 652 gün önce
European Shares Extend Gains As Inflation Worries Fade

European Shares Extend Gains As Inflation Worries Fade

European stocks edged higher on Wednesday as softer inflation data eased worries about the Fed's rate trajectory and China reported strong industrial output and retail sales data for October.
RTTNews | 652 gün önce
DAX Gains As Inflation Concerns Ease

DAX Gains As Inflation Concerns Ease

German stocks eked out modest gains on Wednesday as positive data from the U.S. and China helped ease investor concerns surrounding interest rate hikes and slowing economic growth.
RTTNews | 652 gün önce
Asian Shares Rally After US, China Data

Asian Shares Rally After US, China Data

Asian stocks rose sharply on Wednesday as signs of cooling U.S. inflation bolstered hopes of a pause in interest rate hikes and China reported strong industrial output and retail sales data.
RTTNews | 652 gün önce
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Toyota Unveils Hybrid Next Gen Camry, Crown Signia SUV

Toyota Unveils Hybrid Next Gen Camry, Crown Signia SUV

Toyota Motor North America, affiliated to Japanese automajor Toyota Motor Corp., has introduced purely hybrid next generation Camry as well as Crown Signia SUV into the United States market. As a part of Toyota's effort to provide electrification for all, the 2025 Toyota Camry will be an exclusively Hybrid Electric Vehicle or HEV. The 2025 Toyota Camry is expected to arrive in the Summer of 2024.
RTTNews | 652 gün önce
European Shares Seen Mostly Higher At Open

European Shares Seen Mostly Higher At Open

European stocks look set to open mostly higher on Wednesday, though the upside may remain capped due to escalating tensions in Gaza and ahead of a meeting between U.S. President Joe Biden and his Chinese counterpart Xi Jinping on the sidelines of the 21-member APEC summit in San Francisco.
RTTNews | 652 gün önce
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices from the UK and industrial production from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the third quarter. The jobless rate is forecast to rise to 7.3 percent from 7.2 percent in the second quarter.
RTTNews | 652 gün önce
NZ Dollar Rises As Asian Markets Rally Amid U.S. Inflation Data

NZ Dollar Rises As Asian Markets Rally Amid U.S. Inflation Data

The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday amid risk appetite, as new data showed U.S. inflation is on a firm downward trajectory, boosting bets the Federal Reserve will forgo any more interest rate hikes and indeed start cutting rates in coming months.
RTTNews | 652 gün önce
Sensex, Nifty Rally On Dovish Fed Expectations

Sensex, Nifty Rally On Dovish Fed Expectations

Indian shares were sharply higher on Wednesday, tracking firm global cues and a decline in U.S. Treasury yields as tamer than expected U.S. CPI data bolstered the view that the Fed was probably done with rate hikes.
RTTNews | 652 gün önce
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews | 653 gün önce

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