The manufacturing sector in Vietnam bounced up into expansion territory in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 51.2. Thats up from 47.3 in September, and it moved above the boom-or-bust line of 50 that separates expansion from contraction. Central to the renewed strengthening of the...
German stocks were seeing modest gains in cautious trade on Friday ahead of the release of U.S. non-farm payroll report later in the day and next weeks U.S. presidential election. The benchmark DAX was up 60 points, or 0.3 percent, at 19,138 after losing 0.9 percent in the previous session. In corporate news, Siemens rose...
French stocks traded higher on Friday even as yields on government bonds continued to rise amid inflation concerns and rising odds of a Trump victory in next weeks presidential election. Investors watched Middle East developments closely after reports emerged that Iran is preparing to attack Israel from Iraqi territory in the coming days, possibly before...
U.K. stocks rose on Friday and the pound was steady as data showed house price inflation in the U.K. eased for the first time in six months in October. House price growth softened to 2.4 percent in October from 3.2 percent in September, according to the Nationwide Building Society. Economists had expected inflation to fall...
European stocks traded higher on Friday ahead of the release of U.S. non-farm payroll report later in the day and next weeks U.S. presidential election. The pan European STOXX 600 rose half a percent to 507.66 after falling 1.2 percent on Thursday. The German DAX edged up 0.3 percent, while Frances CAC 40 and the...
The UK factory activity contracted for the first time since April as manufacturers adopted a wait-and-see approach on investment and spending ahead of the budget announcement, final data from S&P Global showed on Friday. The final manufacturing Purchasing Managers Index posted 49.9 in October, down from 51.5 in September. The flash reading was 50.3. The...
With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October. The Labor Department said non-farm payroll employment crept up by 12,000 jobs in October after jumping by...
The Singapore stock market has moved lower in two straight sessions, shedding almost 35 points or 1 percent along the way. The Straits Times Index now sits just above the 3,555-point plateau although its due for support on Monday. The global forecast for the Asian markets is positive on solid earnings news and renewed optimism...
The Taiwan stock market has moved lower in four straight sessions, stumbling more than 565 points or 2.7 percent along the way. The Taiwan Stock Exchange now rests just above the 22,780-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets is positive on solid earnings news and...
The China stock market saw renewed consolidation on Friday, one day after ending the two-day slide in which it had fallen more than 55 points or 1.7 percent. The Shanghai Composite now sits just above the 3,270-point plateau although its open higher again on Monday. The global forecast for the Asian markets is positive on...