Singapore’s headline inflation rate falls to lowest since September 2021 Singapore’s headline inflation rate fell to its lowest since September 2021, coming in at 2.7% for March. This was lower than the 3.4% rate in February and also below the 3% expected by economists polled by Reuters. The city-state’s core inflation rate – also known … Read more
Australia GDP grows 0.2% in the final quarter of 2023 Australia’s Economy Grows Despite Slowing in 2023 Australia’s economy grew by 0.2% in the fourth quarter of 2023, according to the Australian Bureau of Statistics. This growth was driven by government expenditure and private business investment. However, the growth rate was slightly below the Reuters … Read more
Paytm shares rise after CEO exits payments bank board Shares of Paytm owner One 97 Communications jumped 5% in early India trading on Tuesday, after the company’s chief executive officer stepped down from the board of its payments bank unit. The company said in a release late Monday that Vijay Shekhar Sharma would exit his … Read more
Maersk Expected to See Decline in Earnings Amid Ongoing Shipping Disruptions Giant gantry cranes and offloading freighter in Haifa container port, Israel Giant gantry cranes and offloading freighter in Haifa container port, Israel. Ucg | Universal Images Group | Getty Images Challenges Faced by Maersk Maersk, a leading global shipping company, anticipates a decline in … Read more
Latest News: Hong Kong-listed China EV stocks rise on Beijing’s plan to boost sector’s growth Hong Kong-listed China EV stocks rise on Beijing’s plan to boost sector’s growth 5 Hours Ago Hong Kong-listed shares of Chinese electric vehicle companies soar after China’s commerce ministry reveals plan Hong Kong-listed shares of Chinese electric vehicle companies rose … Read more
China and Hong Kong stocks surge 2% as healthcare, tech firms gain Mainland Chinese and Hong Kong equity benchmarks surged 2% on Tuesday, led by healthcare and tech stocks, respectively. This comes after Chinese regulators took measures to calm a recent sell-off in markets, including a statement from the country’s securities and regulatory commission that … Read more
Japan’s Jobless Rate Hits Lowest Level since January 2023 An Hour Ago Japan’s jobless rate in December reached its lowest level since January 2023, signaling a positive trend in the country’s labor market. According to official data, the unemployment rate dropped to 2.4% from the previous month’s rate of 2.5%. This figure also beat the … Read more
Index and stock market conditions, oil, gold, and foreign currency markets as of 26 Dec. 2023 — The Dow Jones New York Stock Exchange Index closed positive on Tuesday (Dec. 26), supported by expectations that the Federal Reserve (Fed) will begin cutting interest rates as early as March 2018. page The Dow Jones Industrial Average … Read more
Index and stock market conditions, oil, gold, and foreign currency markets as of 27 Sep. 2023 — The Dow Jones New York Stock Exchange Index closed negative on Wednesday (Sept. 27) amid volatile trading. The market was pressured by US government bond yields that rose to their highest level in more than 15 years, as … Read more
Index and stock market conditions, oil, gold, and foreign currency markets as of 19 Sep. 2023 — The Dow Jones New York Stock Exchange Index closed negative on Tuesday (Sept. 19) as investors sold stocks to reduce risk. Before knowing the results of the Federal Reserve’s (Fed) monetary policy meeting on Wednesday (September 20) US … Read more