Category: News Group

Major bourses in Asia were mixed on Wednesday as investors await a key Fed decision later in the day. Shares in Japan briefly hit a 1-year low, due to an expansion of a quasi-state of emergency following a record of new...

The dollar index held near 2-week highs around 96 on Wednesday, but remained relatively subdued as investors looked ahead to the Federal Reserve meeting and press conference to gain some clarity on policy direction. The Fed is...

The index of leading economic indicators in Japan, which is a gauge of the economy a few months ahead and is compiled using data such as job offers and consumer sentiment, was revised higher to 103.2 in November 2021 from a...

The dollar index hovered close to a 2-week high around 96 on Tuesday, amid concerns over a faster pace of Federal Reserve policy tightening and rising tensions in Ukraine. The Fed is set to conclude its two-day meeting on...

South Korea’s economy expanded 1.1% QoQ in the three month to December 2021, accelerating from a 0.3% increase in the previous quarter and rising faster than the 0.9% consensus forecast. Private consumption was up by 1.7%, as...

Major bourses in Europe were higher on Tuesday, after falling to multi-month lows the day before in its worst session since June 2020. Investors try to shrug off worries regarding Fed’s tightening and geopolitical tensions...

The au Jibun Bank Japan Manufacturing PMI inched up to 54.6 in January 2022 from a final 54.3 a month earlier, a preliminary reading showed. This was the twelfth straight month of growth in factory activity, and the strongest...

The dollar index firmed up above 95.5 on Monday and held onto the previous week’s gains, as traders awaited fresh policy direction signals from the Federal Reserve meeting this week. The Fed is set to conclude its two-day...

Major bourses in Asia largely fell on Monday, as traders braced for a key policy decision from the US Fed amid concerns over soaring inflation. The Hang Seng shed 0.9%, as Hong Kong battles rising COVID-19 cases ahead of the...

The People’s Bank of China slashed its key lending rates for corporate and household loans for a second straight month at its January fixing as policymakers sought to cushion a slowdown in economic recovery due to multiple...

Japan registered a trade deficit of JPY 582.36 billion in December 2021, compared with market consensus of a JPY 784.1 billion gap and shifting from a surplus of JPY 780.28 billion in the same month in the prior year. The latest...

The Bank Indonesia (BI) held its key 7-day reverse repurchase rate unchanged at an all-time low of 3.5% on January 20th 2022, as expected, aiming to support the economic recovery from the health crisis and maintain exchange rate...