The China stock market has moved higher in two of three trading days since the end of the four-day slide in which it had stumbled more than 75 points or 2.5 percent. The Shanghai Composite Index now sits just above the 2,970-point plateau although it figures to head south again on Friday. The global forecast...
Asian stocks ended mixed on Friday as investors reacted to surprisingly soft U.S. inflation data, mixed Chinese trade figures and comments from several Federal Reserve officials on the rate trajectory. The dollar edged up slightly as the latest inflation data fueled bets for a September rate cut and a Pew Research Centre poll showed former...
German stocks were slightly higher on Friday after soft U.S. inflation data fueled bets for a September rate cut by the Federal Reserve. Closer home, Germany\'s wholesale prices continued to fall in June, but the pace of decline slowed further, Destatis reported earlier today. Wholesale prices posted an annual decline of 0.6 percent in June,...
Shares of LM Ericsson were gaining more than 9 percent in the morning trading in Stockholm as well as around 6 percent in pre-market activity on the Nasdaq after the Swedish telecom major reported Friday significantly higher EBITA, a key earnings metric, in its second quarter. Meanwhile, net loss was sharply wider on hefty impairment...
itemscope itemtype=\"https://schema.org/ImageObject\" data-ratio=\"16:9\" style=\"background-image:url(\'https://photos.idnfinancials.com/d/1600x900/money-256312_1920.jpg&nc\');\"> BMRI - PT. Bank Mandiri (Persero) Tbk Rp 6.525 +125 (+1,95%) JAKARTA - PT Saraswati Indoland Development Tbk (SWID) obtains a loan facility worth IDR 175 billion from PT Bank Mandiri (Persero) Tbk (BMRI) yesterday (10/7). Said facility will be used for investment purposes to promote the company’s strategy. Agung Cucun Setiawan, Director of...
French stocks climbed on Friday amid expectations that the U.S. Federal Reserve and European Central Bank could move to cut rates in September. Investors also watched the latest political developments after the parliamentary elections on 7 July came as a general surprise. French Prime Minister Gabriel Attal today said he hoped to prevent a government...
U.K. stocks opened higher on Friday as signs of slowing U.S. inflation boosted bets for a Federal Reserve interest-rate cut in September. Overall gains were capped by a strong pound, which held near a 12-month high against the dollar following encouraging GDP data released the previous day. The benchmark FTSE 100 was up 22 points,...
China\'s faster-than-expected exports growth underpinned by strong global demand for auto and semiconductors and an unexpected fall in imports took the trade surplus to a record high, official data showed on Friday. Exports posted an annual growth of 8.6 percent in June after rising 7.6 percent in May, the General Administration of Customs said. Shipments...
The Canadian market is well on course to hit a fresh all-time high on Thursday, as investors pick up stocks from across several sectors amid optimism about an interest rate cut by the Federal Reserve in the foreseeable future after data showed a drop in U.S. consumer price inflation. Real estate, communications, energy, utilities, materials...
The U.S. dollar fell against its major counterparts in the New York session on Thursday, as softer-than-expected inflation data for June boosted hopes of a rate cut by the Federal Reserve in September. Data from the Labor Department showed that the consumer price index slipped by 0.1 percent in June after coming in unchanged in...
