The M2 money stock in Japan was up 1.3 percent on year in September, the Bank of Japan said on Friday - coming in at 1,252.0 trillion yen. That was unchanged from the August reading, although shy of forecasts for 1.5 percent. On a monthly basis, M2 was up 1.0 percent - accelerating from 0.6...
First-time claims for U.S. unemployment benefits edged slightly lower in the week ended August 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 231,000, a decrease of 2,000 from the previous weeks revised level of 233,000. Economists had expected jobless claims to come in...
The Taiwan stock market has climbed higher in two straight sessions, advancing more than 475 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,490-point plateau and its tipped to open in the green again on Monday. The global forecast for the Asian market is upbeat on generally...
Indian shares rose notably on Thursday to reach new record-high closing levels after a handful of Federal Reserve officials left the door open to another large rate cut. According to the CME FedWatch tool, the chances of a jumbo 50-bps cut in November currently remain above 60 percent. A sharp fall in oil prices also...
European stocks ended on a mixed note on Friday with investors largely staying on the sidelines, or taking some profits after recent record highs. In addition to digesting the latest batch of economic data, markets reacted to some earnings and other corporate updates. Although markets found support from recent dovish comments from central banks, investors...
The Taiwan stock market on Friday wrote a finish to the three-day winning streak in which it had surged more than 900 points or 4 percent. The Taiwan Stock Exchange now sits just above the 23,250-point plateau and it may take further damage on Monday. The global forecast for the Asian markets is weak, with...
JinkoSolar Holding Co., Ltd. (JKS) reported Monday that net income attributable to the company\'s ordinary shareholders for the first quarter declined to RMB609.40 million or US$84.40 million from RMB788.65 million in the prior-year quarter. Earnings per ADS were RMB5.36 or US$0.74, compared to RMB14.95 last year. Total revenues for the quarter edged down 1.2 percent...
JAKARTA – At the opening bell of today’s (7/10) trading session, Jakarta Stock Price Composite Index (JCI) plummeted to 7,460.60. Until 11 AM WIB, it remained idle at 7,495.56. Monitoring the board this morning, the index briefly shot up to 7,505.55. However, it took a tumble and rebounded at 10.05 AM WIB. The index was...
Blockchain-enabled Web3 fashion startup mmERCH announced its $6.4 million seed funding round at a $25.7 million post-money valuation led by Liberty City Ventures Thursday, a major step forward for the Colby Mugrabi-led fashion house. mmERCH Attracts an Assortment of High-Profile Investors According to a Thursday press release from mmERCH, funding from the round “will be...
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia\'s higher-than-expected consumer prices on quarter in the first quarter of 2024. Data from the Australian Bureau of Statistics showed that the consumer prices in Australia were up a seasonally adjusted 1.0 percent on quarter in the...