The U.S. dollar advanced against its most major counterparts in the New York session on Thursday, as lower-than-expected jobless claims helped ease concerns about a potential recession. Data from the Labor Department showed that initial jobless claims fell to 233,000, a decrease of 17,000 from the previous weeks revised level of to 250,000. Economists had...
European stocks wiped off early losses and ended on a mixed note on Thursday after data from U.S. Labor Department showing a bigger than expected drop in jobless claims helped ease concerns about growth in the worlds largest economy. Investors also digested corporate earnings updates. Labor Departments report said initial jobless claims fell to 233,000,...
Indian shares may open on a firm note Friday as signs of resilience in the U.S. labor market lifted global equities. Stock-specific action may be seen, with ABB India, Biocon, Eicher Motors, LIC and Sobha likely to react to their earnings results released after market hours on Thursday. Benchmark indexes Sensex and Nifty fell around...
Indian shares were sharply higher in early trade on Friday as the latest weekly jobless claims data came in below forecasts, boosting investors confidence in the U.S. economy. The benchmark S&P/BSE Sensex jumped 830 points, or 1.1 percent, to 79,715 while the broader NSE Nifty index was up 240 points, or 1 percent, at 24,358....
European stocks are likely to open higher on Friday as new data on the U.S. labor market suggested that the economy may not be headed into the downward spiral that traders had feared after the release of last weeks worse-than-expected monthly payrolls report for July. Asian markets followed Wall Street higher, with benchmark indexes in...
Final inflation figures from Germany and Italy are the major economic reports due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germanys final consumer and harmonized prices for July. The statistical office is expected to confirm 2.3 percent consumer price inflation for July. In the meantime, consumer and producer prices reports are...
South Korean consumer electronics major Samsung Electronics Co Ltd. is recalling about 1.12 million units of Slide-in Electric Ranges after reports of around 250 fires, some of which caused injuries, extensive property damage and pet deaths, the U.S. Consumer Product Safety Commission said. The recall involves Samsung Electric Slide-In Ranges with various model numbers, located...
Delta Air Lines, Inc. estimates the massive IT outage caused by Microsoft Corp. - CrowdStrike Holdings, Inc. and related impacts, including more than 7000 flight cancellations, would hurt the airline direct revenue of around $380 million. In a filing with the U.S. Securities And Exchange Commission, Ed Bastian, Deltas Chief Executive Officer, said that company...
Canadian stocks are turning in a mixed performance on Friday with investors reacting to quarterly earnings updates and the nations jobs data, in addition to re-assessing the global economic outlook. After opening slightly higher, the market fell into negative territory, but recovered soon to move above the flat line. The benchmark S&P/TSX Composite Index is...
JAKARTA. PT Pegadaian (Persero), a state-owned company engaged in pawn-brokerage, will issue 2 Sukuk Mudharabah with total principal of IDR 2.22 trillion. The offered securities consist of Shelf-Registration Sukuk Mudharabah III Phase II of IDR 808.8 billion and Social Sukuk Mudharabah Phase II of 2024 of IDR 1.41 trillion. In the official statement, Pegadaian is...