Industrial production in China was up 5.6 percent on year in May, the National Bureau of Statistics said on Monday - well shy of forecasts for an increase of 6.2 percent and slowing sharply from 6.7 percent in April. The bureau also said that retail sales rose an annual 3.7 percent - beating expectations for...
Final inflation from Italy and economic forecast from Switzerland are due the top economic news due on Monday. At 3.00 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss economic forecast. In the meantime, producer price data is due from the Czech Republic. At 4.00 am ET, Italy\'s statistical office ISTAT...
European stocks may open a tad higher on Monday, after having suffered heavy losses in the previous session amid heightened political uncertainty in Europe. Asian markets traded mostly lower as a slew of top-tier economic data from China painted a sluggish picture of the economy. China\'s retail sales grew at a faster-than-expected pace in May,...
China\'s industrial production growth slowed more than expected in May and the property investment deteriorated further despite supportive measures, official data revealed on Monday. Industrial production growth decelerated to 5.6 percent in May from 6.7 percent in April, the National Bureau of Statistics reported. The rate was expected to slow moderately to 6.2 percent. Meanwhile,...
Asian stock markets are trading mostly lower on Friday, following the mixed cues from Wall Street overnight, amid fading hopes of a series of rate cuts by the US Fed after the central bank officials conservatively forecast just one rate cut this year in the post meeting comments. They said inflation has eased substantially in...
Indian shares opened a tad lower on Friday after three straight sessions of gains. The benchmark S&P BSE Sensex was down 177 points, or 0.2 percent, at 76,634 in early trade while the broader NSE Nifty index was down 50 points, or 0.2 percent, at 23,349. IT stocks traded weak, with HCL Technologies, TCS and...
Foreign trade from the euro area and final consumer prices from France are the top economic news due on Friday. At 2.00 am ET, Statistics Sweden publishes consumer price data for May. Inflation is forecast to ease to 3.5 percent from 3.9 percent in April. At 2.45 am ET, France\'s statistical office INSEE is slated...
European stocks are likely to open on a positive note Friday amid signs that price pressures may be easing in the United States. Trading later in the day may be impacted by reaction to the University of Michigan\'s preliminary report on U.S. consumer sentiment for June, which includes readings on inflation expectations. The European economic...
The Japanese yen weakened against other major currencies in the Asian session on Friday. The yen declined to a record low of 176.69 against the Swiss franc, a 16-year low of 201.46 against the pound and a 16-year low of 201.46 against the U.S. dollar, from yesterday\'s closing quotes of 174.90, 200.39 and 157.13, respectively....
TriplePoint Venture Growth BDC Corp. (TPVG) announced Friday that Christopher Mathieu plans to retire as the Chief Financial Officer, effective as of the close of business on August 9, 2024. He will continue to serve as an advisor through December 31, 2024 to provide a smooth transition. Mathieu has served as CFO of TriplePoint since...