Chinas exports growth weakened more than expected in November and imports posted a surprise decline due to the weak domestic demand, highlighting the risk of deepening economic slowdown as the property market has yet to bottom out amid threats of global trade protectionism measures. Exports grew 6.7 percent annually in November, which was weaker than...
Shares of Oracle Corp. declined around 8 percent in the after-hours trading on Monday, and is currently down around 9 percent in the pre-market activity on the NYSE after the tech majors second-quarter earnings missed the market estimates, and also issued third-quarter outlook below the Street view. However, the quarterly profit and revenues increased from...
Indian shares fluctuated before ending little changed on Tuesday as traders closely monitored escalating violence in Syria and awaited key U.S. inflation readings this week that could influence the Feds rate trajectory. The benchmark S&P BSE Sensex ended the session up 1.59 points at 81,510.05 while the broader NSE Nifty index closed down 8.95 points...
The Canadian market is likely to open on a cautious note Tuesday morning with investors awaiting the Bank of Canadas interest rate decision, and U.S. consumer price inflation data due on Wednesday. The Canadian central bank is widely expected to cut interest rate by 50 basis points. North West Company Inc (NWC.TO) reported net earnings...
While the Labor Department released a report on Tuesday showing the jump by U.S. labor productivity in the third quarter was unrevised from the previous estimate, the report also showed a downward revision to the increase by U.S. unit labor costs. The report said labor productivity shot up by 2.2 percent in the third quarter,...
Japan will on Monday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is seen steady from the three months prior, up 0.2 percent on quarter and 0.9 percent on year. Capex is also called steady at -0.2 percent on quarter. China will see November numbers for consumer...
The South Korea stock market has finished lower in three straight sessions, slumping more than 70 points or 2.9 percent along the way. The KOSPI now sits just beneath the 2,430-point plateau and it may take further damage again on Monday. The global forecast for the Asian markets is flat to higher on optimism over...
Indian shares edged lower in cautious trade on Monday as weak inflation data from China suggested Beijings recent efforts to shore up faltering economic demand are having only limited impact. The benchmark S&P/BSE Sensex was down 145 points, or 0.2 percent, at 81,52 in early trade while the broader NSE Nifty index was down 56...
European stocks are likely to open lower on Monday as investors ponder over how the prospect of government drift and upheaval will affect consumers and businesses in Germany and France. The European Central Bank (ECB) is expected to cut interest rates again this week amid worries about how fiscal policy will develop in both countries....
Chinas consumer price inflation eased unexpectedly to a five-month low in November and producer prices continued to fall suggesting that the sequence of stimulus measures initiated by Beijing had limited impact on reviving domestic demand. The consumer price index posted an annual increase of 0.2 percent, the National Bureau of Statistics reported Monday. Inflation was...