New Zealand posted a seasonally adjusted current account deficit of NZ$6.2 billion in the third quarter of 2024, Statistics New Zealand said on Wednesday. In the third quarter, the goods deficit narrowed to NZ$1.9 billion and the services deficit narrowed to NZ$397 million. The primary income deficit narrowed to NZ$3.5 billion and the financial account...
The Japanese stock market has finished lower in three straight sessions, declining almost 500 points or 1.3 percent in that span. The Nikkei 225 now rests just above the 39,360-point plateau and it may take further damage again on Wednesday. The global forecast for the Asian markets is soft ahead of the FOMCs interest rate...
The Malaysia stock market has moved lower in back-to-back sessions, giving back more than a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau and its likely to remain steady in that neighborhood again on Wednesday. The global forecast for the Asian markets is...
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen almost 360 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 23,020-point plateau and it may tick lower again on Wednesday. The...
The China stock market has moved lower in three consecutive trading days, stumbling more than 100 points or 3 percent along the way. The Shanghai Composite Index now rests just above the 3,360-point plateau and its tipped to open in the red again on Wednesday. The global forecast for the Asian markets is soft ahead...
The Thai stock market has finished lower in six straight sessions, slipping more than 55 points or 4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,395-point plateau and its looking at another soft start again on Wednesday. The global forecast for the Asian markets is soft ahead of...
The value of core machine orders in Jaan was up a seasonally adjusted 2.1 percent on month in October, the Cabinet Office said on Monday - coming in at 869.8 billion yen. That beat forecasts for an increase of 1.2 percent following the 0.7 percent decline in September. On a yearly basis, core machine orders...
The US Securities and Exchange Commission (SEC) is reported to have shown a strong interest in staking as they request information on its types and benefits.This is reported to be a huge step from the previous perception that staking-related activities flout securities rules. In a recent update, we disclosed that the US Securities and Exchange...
The ECB’s two-phase DLT integration plan could reshape financial markets, bridging traditional banking with blockchain technology.Central banks’ growing adoption of DLT may influence cryptocurrency regulations and investor sentiment toward Bitcoin and Ethereum. An earlier CNF report revealed that the European Central Bank (ECB) has played a crucial role in shaping Central Bank Digital Currencies (CBDCs),...
With Japan’s inflation expected to stay around 3% in the first half of the year, the crypto market could face significant challenges.Analysts note that Bitcoin has struggled to reach new highs after hitting $109,000, with demand declining significantly. The crypto market is facing growing uncertainty as concerns over a yen carry trade unwind intensify. Japan’s...