Japan posted a current account surplus of 2.849 trillion yen in May, the Ministry of Finance said on Monday. That exceeded expectations for a surplus of 2.07 trillion yen following the 2.52 trillion yen surplus in April. Imports were up 9.3 percent on year to 9.241 trillion yen, while exports jumped 12.1 percent to 8.132...
Six suspected OTC crypto scammers were arrested in Incheon, South Korea, police in the city confirmed on February 20. Per Newsis, officers said the suspects were all aged between 20 and 39. Police think they stole $747,000 in cash as part of a bogus over-the-counter (OTC) trade. OTC Crypto Thefts on the Rise in South...
Crypto adoption is heating up in the Middle East, with the average daily number of crypto traders in the area surpassing 500,000 in February 2024, according to Bitget Research. The surge represents a 51% increase from February 2023, based on data from centralized crypto exchanges (CEXs). The region mostly depends on global crypto platforms for...
The Taiwan stock market has moved lower in back-to-back sessions, slipping more than 500 points or 2.1 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,880-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
JAKARTA - Having strengthened at the beginning of the opening bell, the Composite Stock Price Index weakened towards the closing of transactions at 11.30 WIB. At the start of trading, the JCI was at the level of 7,794.83, up from 7,779.24 at 09.00 WIB. Based on the monitoring, the rate of decline touched the same...
Bloom Productions/Getty Images Table of contents What to look for in a financial advisor 1. Identify your needs and why you need an advisor 2. Consider the different types of financial advisors 3. Know what credentials to look for 4. Review financial advisor service types 5. Evaluate how much you can afford to pay a...
New Zealand\'s central bank maintained its benchmark rate as widely expected on Wednesday and softened its hawkish stance as inflation is forecast to return to the target range over the second half of the year. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to hold the Official Cash Rate at 5.50...
Industrial production and foreign trade reports from Germany are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germanys industrial output and external trade figures for June. Production is forecast to advance 1.0 percent on month, reversing a 2.5 percent fall in May....
The Canadian market extended gains to a fourth straight session and posted new record highs on Monday, with stocks from healthcare, technology and energy sectors moving higher. Several stocks from consumer discretionary, financials and industrials sectors too posted impressive gains. After opening modestly higher and moving in a tight range till noon, stocks gained in...
India\'s economic growth improved strongly to 8.4 percent year-on-year in the December quarter from 7.6 percent in the previous three months, preliminary estimates from the statistics ministry showed Thursday. Economists had forecast the growth rate to slow to 6.6 percent. Manufacturing registered double-digit growth of 11.6 percent in the December quarter, followed by 9.5 percent...