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Hong Kong Trade Data Due On Monday
(RTTNews) - Hong Kong will on Monday release October figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
In September, imports were down 0.4 percent on month and exports sank 5.3 percent for a trade deficit of HKD64.6 billion.
China will see October numbers for industrial profits; in September, profits were down 9.0 percent year-to-date.
Thailand will see October figures for imports, exports and trade balance starting today. Imports are expected to rise 6.0 percent after slipping 8.3 percent in September. Exports are called higher by 9.3 percent after adding 2.1 percent in the previous month. The trade surplus is pegged at $530 million after showing $2.10 trillion a month earlier.
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FDA Upgrades Medtronic Recall Of Newport Ventilators To Class I
Medical devices maker Medtronic plc has urged customers to discontinue clinical use of the recently recalled certain Newport branded ventilators and certain related service parts after the U.S. Food and Drug Administration upgraded it to a Class I recall. According to the FDA, a Class I recall is the most serious type of recall, a situation where the use of, or exposure to, a violative product...
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The British pound weakened against other major currencies in the European session on Thursday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
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