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European Shares Mostly Higher In Cautious Trade
European stocks were flat to slightly higher on Monday as investors braced for Donald Trump's inauguration as U.S. president later in the day.
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232天前
TikTok Restores Services In US With Trump's Support
Social media platform TikTok, which had decided to disable services in the United States following the U.S. Supreme Court's decision to upheld a ban, began restoring its services on Sunday after President-elect Donald Trump announced his support. The U.S. Supreme Court on Friday had upheld the Protecting Americans from Foreign Adversary Controlled Applications Act, which was signed into law
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232天前
Japan Core Machinery Orders Growth Accelerates
Japan's core machinery orders growth accelerated in November, reflecting an increase in capital expenditure, official data revealed Monday. Core machinery orders increased 3.4 percent on a monthly basis, faster than the 2.1 percent increase in October, data from the Cabinet Office showed on Monday. Moreover, this was the second consecutive increase and confounded expectations for a decline.
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232天前
Asian Shares Mostly Higher Before Trump Inauguration
Most Asian stocks rose on Monday after major U.S. stock indexes rallied to close out their best week in two months Friday on interest-rate cut optimism.
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232天前
DAX 30 Up Marginally In Cautious Trade
German stocks are up marginally Monday morning led by notable gains poted by a few big name stocks as investors digest the official data showing an increase in industrial product prices in the month of December, and await some key reports from the U.S. and Europe for clues about interest rates.
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232天前
NZ Dollar Rises After Risk Appetite
The New Zealand dollar strengthened against other major currencies in the Asian session on Monday amid risk appetite among traders, following the broadly positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of U.S. President-elect Donald Trump amid speculations on the potential impact of his policies.
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232天前
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Monday.
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232天前
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SmartDrive Speed Control Dial Recalled Due To Unresponsive Motor
Advanced medical technology firm Max Mobility/Permobil, part of Patricia Industries, a unit of Sweden's Investor AB, has recalled the Speed Control Dial component used with the SmartDrive MX2+ Power Assist Device, citing the potential safety and performance concerns. The recall was initiated after receiving 646 complaints associated with the Speed Control Dial as of December 12, 2024.
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233天前
China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates unchanged for the third straight session on Monday as policymakers await the stance of new US administration.
The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations.
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233天前
European Shares Seen Mixed At Open
European stocks may struggle to find direction at open on Monday as a new Donald Trump era begins.
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233天前
Sensex, Nifty Open Higher; Financials Underperform
Indian shares followed global peers higher on Monday, though overall gains remained capped due to uncertainty surrounding Donald Trump's trade policies and caution ahead of the Union Budget.
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233天前
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of US President-elect Donald Trump amid speculations on the potential impact of his policies. Asian markets closed mixed on Friday.
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233天前
Australian Market Halves Early Gains In Mid-market
The Australian stock market halved its early gains in mid-market trading on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by energy and technology stocks. Gold miners are the only weak spot.
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233天前
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