The Canadian market ended at a five-week high on Thursday, despite staying somewhat subdued right through the day\'s session in lackluster trade. Due to a lack of positive triggers, investors appeared reluctant to make significant moves. With the U.S. market closed today for Independence Day holiday, the volume of business was thin in the Canadian...
U.K. stocks traded higher on Friday as the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,265 after rising 0.9 percent on Thursday. Housebuilders traded higher, with Barratt Developments, Persimmon and Taylor Wimpey surging...
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Honda off-road motorcycles, power adapters, hair dryers, and children\'s pajamas, citing various reasons. Torrance, California-based American Honda Motor Co. Inc., affiliated to Japanese automajor Honda Motor Co., has called back about 40,700 units of off-road motorcycles citing crash and injury risks. In addition,...
European stocks edged higher on Friday after the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule, as widely expected. Regarding Sunday\'s parliamentary elections in France, opinion polls show the second-round run-off vote may lead to a hung parliament with no clear majority. Optimism about a U.S....
Indian shares recouped early losses to end on a flat note Friday. Markets fell notably in early trade as a business update from private sector lender HDFC Bank showed growth in deposits and advances declined in the first quarter. Oil & gas, pharma and healthcare stocks attracted good amount of buying, helping major indexes recover...
Eurozone retail sales increased in May after falling a month ago but the pace of growth was weaker than forecast, official data showed on Friday. Retail sales edged up 0.1 percent on a monthly basis in May following a 0.2 percent drop in April, Eurostat said. Sales were expected to climb 0.2 percent. Sales of...
UK house prices dropped in June after remaining stable for two straight months, signaling that the property market remained subdued, mortgage lender Halifax reported Friday. House prices fell 0.2 percent month-on-month in June, in contrast to the expected increase of 0.2 percent. A typical UK house costs GBP 288,455. Compared to the last year, house...
The Taiwan stock market has climbed higher in three straight sessions, rallying more than 775 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just above the 23,550-point plateau and it\'s called to open higher again on Monday - although profit taking may set in later in the day. The global...
The China stock market has moved lower in three straight sessions, retreating almost 50 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 2,950-point plateau although it\'s likely to stop the bleeding on Monday. The global forecast for the Asian markets is upbeat on an improved outlook...
Japan posted a current account surplus of 2.849 trillion yen in May, the Ministry of Finance said on Monday. That exceeded expectations for a surplus of 2.07 trillion yen following the 2.52 trillion yen surplus in April. Imports were up 9.3 percent on year to 9.241 trillion yen, while exports jumped 12.1 percent to 8.132...