Australia unemployment rate eases to 4.2% in July Australia’s unemployment rate eased to 4.2% on a seasonally-adjusted basis in July, in line with estimates of economists polled by Reuters. The reading was lower than the 4.3% recorded in June, data released by the Australian Bureau of Statistics on Thursday showed. Meanwhile, the number of employed…
Australian stocks extend gains to fresh record high Australian stocks extended their gains for a second day, reaching a new record high. The 200-stock benchmark S&P/ASX 200 rose 0.14% to 8,856.80 as of 10.48 a.m. Australian Eastern Standard Time (8:48 p.m. ET Monday), after hitting a fresh high of 8,828.67 earlier in the session. Stock…
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. As of 8.06 a.m. Singapore time (8.08 p.m. ET Wednesday), Japan’s Nikkei 225 benchmark was flat while the broader Topix index ticked up 0.19%. In South Korea, the Kospi index fell 0.12% while the small-cap Kosdaq was unchanged. Over in Australia, the S&P/ASX 200 benchmark was flat….
Asia-Pacific markets start the day lower Asia-Pacific markets started the day mixed Monday. Japan’s Nikkei 225 benchmark plunged 2.05%, while the broader Topix index declined by 1.86% as of 8:11 a.m. Singapore time (8:11 p.m. ET Sunday). In South Korea, the Kospi index ticked up 0.13%, while the small-cap Kosdaq added 0.53%. Over in Australia, the S&P/ASX 200 benchmark fell 0.21%….
South Korean stocks decline over 2% South Korean stocks extended their decline for the second consecutive session on Friday, amid declines across Asia-Pacific markets as investors digested U.S. President Donald Trump’s latest tariffs. As of 9:40 a.m. local time (8:40 p.m. ET Thursday), the Kospi index had plunged 2.3%. Stock Chart IconStock chart icon KOSPI index Meanwhile,…
U.S. futures move higher after Trump announces 15% tariffs on the EU Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on Chinese markets following reports that the country will resume trade talks with the U.S. in Stockholm on Monday to discuss longstanding economic disputes….
Singapore stocks break 11-session rally Singapore’s 30-stock benchmark Straits Times Index broke its 11-session winning streak on Tuesday, and traded in negative territory. Stock Chart IconStock chart icon Straits Times Index The index was down 0.19% at 4,199.11 as of 10:18 a.m. local time (10.18 p.m. ET Monday), with losses led by the financial, utilities…
Chinese yuan trades flat against greenback after PBOC decision The Chinese yuan and offshore yuan traded flat against the greenback on Monday, after the People’s Bank of China stood pat on its key holding rates for July. As at 9.50 a.m. local time (9.50 p.m. ET Sunday), the offshore yuan had weakened by 0.02% against…
CNBC Pro: Trump’s fresh tariffs have reignited the gold rally. Here’s how the pros are investing Spot gold continued to rise Tuesday, after topping a three-week high in its previous session. As of 10:55 a.m Singapore time (10:55 p.m. ET Monday), the precious metal was up 0.16% at $3,348.80 per ounce. Stock Chart IconStock chart…
Japan’s core machinery orders fall 0.6% in May from the previous month Japan’s core machinery orders fell 0.6% in May from the previous month on a seasonally adjusted basis, according to data released by the country’s Cabinet Office on Monday. While that came in slightly better than the 1.5% contraction estimated by economists in a Reuters…
