The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday. The NZ dollar fell to a 1-week low of 0.6151 against the U.S. dollar, a 6-day low of 92.58 against the yen and nearly a 2-week low of 1.7635 against the euro, from yesterday\'s closing quotes of 0.6172, 93.01 and...
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, after Asian stock market traded lower following the broadly negative cues from Wall Street overnight, as traders largely stayed cautious and seem reluctant to make significant moves ahead of some key economic...
Asian stocks ended mixed on Tuesday after Japan\'s inflation topped estimates in January, adding to pressure on the Bank of Japan to make a significant policy shift in coming months. Gold and oil prices traded higher in Asian trade while the dollar dropped before key inflation and GDP readings this week that could influence the...
German stocks edged up slightly on Tuesday after survey results from market research group GfK showed consumer confidence in Germany is set to improve slightly in March. The forward-looking consumer sentiment index rose to -29.0 in March from -29.6 in February. The score matched economists\' expectations. The benchmark DAX was up37 points, or 0.2 percent,...
(RTTNews) - Japan will on Tuesday release January figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In December, overall inflation was down 0.1 percent on month and up 2.6 percent on year, while core CPI rose an annual 2.3 percent. Taiwan will provide January results for export orders and Q4 data...
(RTTNews) - The Canadian market climbed to a new high after a slightly weak start Monday morning, but retreated swiftly and spent the rest of the session in negative territory as investors turned cautious, looking ahead to a slew of crucial U.S. economic data. The benchmark S&P/TSX Composite Index, which advanced to 21,449.92 in early...
-- Most Asian stocks retreated on Tuesday as caution persisted before a string of key economic readings this week, with Japan’s Nikkei 225 falling from record highs after a slightly stronger-than-expected inflation print. Regional markets took weak cues from a middling overnight close on Wall Street, as a tech-fueled rally to record highs now appeared...
-- Standard Chartered PLC (LON:STAN) suspended new offshore investments by its Chinese clients through a key regulatory program since last week, Reuters reported on Tuesday citing a statement from the lender. The Asia-focused bank told Reuters that it had suspended new investments under the Qualified Domestic Institutional Investor (QDII) programme for “commercial reasons.” The move comes...
-- Shares of Hong Kong-listed Chinese electric vehicle stocks rose on Tuesday, led chiefly by a sharp rally in Li Auto Inc (HK:2015) (NASDAQ:LI) after the firm clocked stronger-than-expected earnings in the fourth quarter. Shares of the EV maker jumped nearly 20% to HK$166.30- their highest level since August 2023. The stock was the top...
By Sophie Yu and Brenda Goh BEIJING (Reuters) - Chinese state-owned planemaker COMAC will conduct flying displays of its C919 and ARJ21 jets in five Southeast Asian countries, it said on Tuesday, as it looks to lay the groundwork for future international sales. Over the next two weeks, the C919 and ARJ21 jets will conduct...