The British pound weakened against other major currencies in the late European session on Thursday, after the Bank of England maintained its key policy rate for the sixth consecutive meeting. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest...
Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of Finance said on Friday - up 44 percent from the previous year. That was shy of expectations for a surplus of 3.489 trillion yen but was up from 2.644 trillion yen in February. Imports were down 3.8 percent on year...
The Taiwan stock market on Thursday ended the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,560-point plateau although it\'s likely to see renewed support on Friday. The global forecast is upbeat on an improving outlook for interest rates....
The China stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,155-point plateau and it may see additional support on Friday. The global forecast is upbeat on an...
The Hong Kong stock market on Thursday ended the two-day slide in which it had slumped more than 260 points or 1.4 percent. The Hang Seng Index now sits just above the 18,530-point plateau and it\'s tipped to open in the green again on Friday. The global forecast is upbeat on an improving outlook for...
The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it\'s due for support on Friday. The global forecast is upbeat on an improving outlook for interest rates. The European...
Asian stocks ended mostly lower on Thursday, even as Chinese and Hong Kong markets advanced on the back of strong trade data. A cautious undertone prevailed as uncertainty over Fed rate cuts deepened, and fighting and bombardment continued on the outskirts of the southern Gaza city of Rafah. The dollar traded firm on hawkish Fed...
German stocks saw modest gains in cautious trade on Thursday ahead of the monetary policy announcement from the Bank of England (BoE) later in the day. The BoE\'s nine-member monetary policy committee is widely expected to keep the benchmark rate unchanged at 5.25 percent for the sixth consecutive meeting, with investors looking for clues on...
French stocks declined on Thursday as uncertainty over Fed rate cuts deepened and Israel forces pushed ahead with attacks on Rafah. Traders also awaited the outcome of a Bank of England policy meeting later in the day for further direction. The benchmark CAC 40 was down 12 points, or 0.2 percent, at 8,119 after climbing...
U.K. stocks held steady on Thursday ahead of a policy meeting of the Bank of England (BoE) later in the day. The central bank is set to hold its policy rate flat for a sixth meeting in a row, with focus likely to be on the MPC vote split, inflation outlook and Governor Andrew Bailey\'s...