Category Archive

Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

• Japan’s producer price index rose 2.5% year-on-year in August, less than the expected 2.8% and the 3% reported in the previous month. The data is among the key indicators closely watched by the Bank of Japan.
• India is also poised to release its August consumer price index later Thursday. Economists polled by Reuters expect it to rise 3.5% year-on-year, compared to 3.54% in July.

Read More

Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

• South Korea reported that August unemployment fell to 2.4%, the lowest level since 1999, when the data series commenced, according to Statistics Korea.
• The televised presidential debate between Republican presidential nominee Donald Trump and Democratic Vice President Kamala Harris is the immediate focus for investors

Read More

Karen Gilchrist@_karengilchrist & Holly Ellyatt@HollyEllyatt

LONDON — European stocks were mixed on Tuesday, following a more positive session at the start of the week.

Read More

Lim Hui Jie

Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

• Asia-Pacific markets were higher on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year.
• China’s exports grew 8.7% year-on-year in August and imports grew 0.5%, customs data showed on Tuesday, compared to the forecast of 6.5% and 2% in a Reuters poll.

Read More

Lim Hui Jie & Anniek Bao@in/anniek-yunxin-bao-460a48107/@anniekbyx

Key Points

• Japan’s second-quarter GDP came in at 2.9% on an annualized basis, less than the 3.2% expected by economists polled by Reuters and the advance figure of 3.1%.
• China’s inflation rate grew 0.6% year-on-year, lower than the 0.7% expected from economists polled by Reuters. On a month-on-month basis, the CPI rose 0.4%, lower than the 0.5% expected.

Read More

Jenni Reid

LONDON — European stocks opened lower Friday after clocking losses in four straight sessions this week.

Read More

Lim Hui Jie

Key Points

• Japan’s household spending data for July rose 0.1% in real terms from the previous year, compared to a 1.2% rise expected from economists polled by Reuters, and a reversal compared to a 1.4% fall in June.
• Hong Kong’s markets will be shut today due to Super Typhoon Yagi.

Read More

Jenni Reid

LONDON — European stock markets were mixed Thursday morning, continuing a negative run after closing last week at a record high.

Read More

Lee Ying Shan@in/ying-shan-lee@LeeYingshan & Lim Hui Jie

Key Points

• Investors in Asia assessed July pay data out of Japan, which could provide more room to the Bank of Japan for raising rates.
• Average monthly cash earnings in the country rose 3.6% year-on-year, a softer rise compared to the 4.5% climb seen in June.
• Other economic data coming from the region include trade data from Australia and Singapore’s retail sales numbers.

Read More

Lim Hui Jie

Key Points

• Chip giants Samsung Electronics and SK Hynix — both Nvidia suppliers — lost 3.45% and 8.02% respectively.
• However, mainland Chinese and Hong Kong indexes saw smaller losses compared to other markets.

Read More