UK house prices increased for the first time in two years in September as expectations about future interest rate cuts lifted housing market activity, survey data published by Royal Institution of Chartered Surveyors, or RICS, showed Thursday. The house price balance rose to 16 percent in September from a flat result in August. The balance...
The Japanese yen strengthened against other major currencies in the European session on Thursday, after the Bank of Japan deputy Governor Himino said that the central bank would hike rates if it had more confidence in forecasts. Ryozo Himino, deputy governor of the Bank of Japan, stated that if the board has greater confidence in...
Higher crude oil and metal prices indicate a slightly positive start for the Canadian market on Thursday, but the more likely pointer for stocks could be U.S. consumer price inflation data, due before the opening bell. On the Canadian economic front, employment data for the month of September is due Friday morning. A report on...
The World Bank lifted its growth projection for South Asia citing strong domestic demand in India and faster recoveries in most other countries in the region. In its twice-yearly regional outlook, released Thursday, the World Bank said South Asia will expand 6.4 percent in 2024 compared to 6.0 percent estimated previously in April. The growth...
Consumer prices in the U.S. increased by slightly more than expected in the month of September, according to a report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.2 percent in September, matching the increase seen in August. Economists had expected consumer prices to inch up...
The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had picked up more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,585-point plateau and it may extend Thursdays losses on Friday. The global...
The M2 money stock in Japan was up 1.3 percent on year in September, the Bank of Japan said on Friday - coming in at 1,252.0 trillion yen. That was unchanged from the August reading, although shy of forecasts for 1.5 percent. On a monthly basis, M2 was up 1.0 percent - accelerating from 0.6...
Ahead of Thursdays holiday for National Day, the Taiwan stock market had alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just beneath the 22,660-point plateau and...
The China stock market bounced higher again on Thursday, one day after ending the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just above the 3,300-point plateau and it may open under pressure on Friday. The global forecast for the Asian markets is...
The Indonesia stock market has moved lower in back-to-back sessions, dropping almost 80 points or 1.1 percent along the way. The Jakarta Composite Index now rests just above the 7,490-point plateau and its looking at another soft start again on Friday. The global forecast for the Asian markets is soft on ebbing optimism over the...