By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks ended with modest losses on Monday, as the focus shifted after last week\'s AI-fueled rally to upcoming economic data that could affect the timing of the Federal Reserve\'s expected interest rate cut. The release of January\'s personal consumption expenditures price index (PCE)- the Fed\'s preferred inflation gauge...
JAKARTA. PT Cahaya Anagata Energi (CAE), a joint venture (JV) established byPT Pertamina Geothermal Energy Tbk (PGEO)and Chevron New Energies Holdings Indonesia Ltd. (Chevron), is ready to explore Geothermal Work Area of Way Ratai, Lampung. Last Tuesday (24/9), CAE has secured Geothermal License for Way Ratai Geothermal Work Area from the Ministry of Energy and...
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by much less than expected in the month of August. ADP said private sector employment rose by 99,000 jobs in August after climbing by a downwardly revised 111,000 jobs in July. Economists had expected private sector employment to...
The Indonesia stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just above the 7,900-point plateau and its looking at another strong start again on Friday. The global forecast for the...
Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates. Producer and consumer price data coming out of China attracted investor attention early in the session. China\'s consumer inflation held steady...
German stocks were modestly higher on Monday ahead of a busy week for earnings and economic data releases. German consumer price inflation data, flash GDP numbers and employment data are due later in the week. European Central Bank Vice President Luis de Guindos speech is awaited later in the day, with investors looking for clues...
By Aditya Soni and David Shepardson (Reuters) -AT&T said late on Thursday an outage that disrupted calls and text messages for thousands of U.S. users and prompted federal investigations was not caused by a cyberattack. The carrier had restored wireless service for all affected customers, several hours after an outage that affected more than 70,000...
JAKARTA – Jakarta Composite Stock Price Index (JCI) slipped since the opening bell today (27/9) until 10.02 AM WIB. This decline brought JCI even lower from yesterday’s (26/9) closing position. Monitoring the board this morning, JCI opened at 7,721.55 at 9 AM WIB. However, it kept slipping to the floor, hitting 7,662.60 at 9.05 AM...
U.K. stocks rose slightly on Thursday after Britains private sector companies reported their strongest growth in four months alongside cooling price pressures. The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers Index (PMI) rose to 52.5 in August from 52.1 in July. Sentiment was also underpinned after minutes of the U.S. Federal Reserve meeting opened...
U.K. stocks were marginally lower on Wednesday after official data showed the U.K. economy unexpectedly stagnated in July. Real gross domestic product showed nil growth for the second straight month as falls in production and construction was offset by an increase in services output, the Office for National Statistics reported. GDP was forecast to grow...