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Australia Building Approval Data Due On Monday
(RTTNews) - Australia will on Monday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic activity. In October, approvals were down 6.0 percent on month and 6.4 percent on year.
Also, the markets in Japan are closed on Monday for Coming of Age Day and will re-open on Tuesday.
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China Industrial Output Growth Tops Expectations; Retail Sales Disappoint
China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
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1h 3phút trước
Thai Downgrades GDP Growth Outlook
Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
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2h 36phút trước
European Shares Likely To Drift Lower On Concerns About US Debt
European stocks may open on a sluggish note Monday after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.
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2h 58phút trước
Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products
Hayward, California-based Fijian Import & Export Co. Inc. is recalling around 127 pounds of ready-to-eat meat pie products from Australia that were not presented for import reinspection upon entry into the United States, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The recall involves 5.6-oz. plastic packages...
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3h 28phút trước
Sensex, Nifty Marginally Lower As IT Stocks Drag
Indian shares were flat to slightly lower on Monday, with IT stocks leading losses after a U.S. credit rating downgrade.
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4h 8phút trước
Australian Market Halves Early Losses In Mid-market
The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
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5h 6phút trước
Asian Markets Trade Mostly Lower
Asian stock markets are mostly lower on Monday, following the positive cues from Wall Street on Friday, as traders react to surprise downgrade of the US government's credit rating by one notch to Aa1 by Moody's Ratings, being the last of the three major credit rating agencies to downgrade it. They also react to China announcing anti-dumping duties on plastics from the U.S., EU, Japan and Taiwan.
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5h 23phút trước
Sensex, Nifty Seen Lower On US Debt Concerns
Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.
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5h 54phút trước
