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Boeing 737 Max Production And Deliveries To Hit By Parts Issue; Stock Down
Boeing Co. has warned that production and deliveries of 737 Max, its best-selling planes, will be reduced in the near term due to issues with parts supplied by Spirit AeroSystems, reports said. The problem comes at a time when the airlines worldwide are experiencing a rebound in operations amid the peak travel season. The expected pause in production, amid an industry-wide shortage of new jets...
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vor 692 Tagen
US Dollar Extends Slide Amid Bets On Fed Rate Hike Pause
The U.S. dollar extended its early slide against other major currencies in the Asian session on Friday, as traders' bet on the view that the Federal Reserve was nearing to pause its interest rate-hike cycle after data showed an unexpected decline in U.S. producer prices on Thursday.
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vor 692 Tagen
European Shares May See Cautious Gains Ahead Of US Bank Earnings
European stocks look set to open higher on Friday, though the upside may remain limited as investors await more U.S. data and bank earnings for directional cues.
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vor 692 Tagen
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
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vor 692 Tagen
European Economic News Preview: France Final Inflation Data Due
Final consumer prices from France and Spain are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for March. Prices had increased 8.9 percent annually in February. In the meantime, consumer prices are due from Sweden. Inflation is forecast to ease to 11.1 percent in March from 12.0 percent in February.
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vor 692 Tagen
Indian Markets Closed For Public Holiday
Indian markets remain closed today on account of Ambedkar Jayanti.
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vor 692 Tagen
Asian Shares Mostly Higher As Inflation, Rate Worries Ease
Asian stocks traded mostly higher on Friday, thanks to easing concerns over inflation and interest-rate hikes.
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vor 692 Tagen
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Indonesia Bourse Poised To Halt Slide
The Indonesia stock market has moved lower in two straight sessions, slipping more than 25 points or 0.4 percent along the way. The Jakarta Composite Index now rests just above the 6,785-point plateau although it figures to stop the bleeding on Friday.
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vor 692 Tagen
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market rebounded again on Thursday, one session after snapping the two-day winning streak in which it had advanced more than 210 points or 1 percent. The Hang Seng Index now sits just beneath the 20,350-point plateau and it's looking at a green light again on Friday.
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vor 692 Tagen
China Stock Market May Reclaim Thursday's Losses
The China stock market turned lower again on Thursday, one day after ending the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Shanghai Composite Index now sits just beneath the 3,320-point plateau although it's expected to move higher again on Friday.
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vor 692 Tagen
Singapore GDP Contracts 0.7% In The First Quarter Of 2023
Singapore's gross domestic product declined a seasonally adjusted 0.7 percent on quarter in the first quarter of 2023, the Ministry of Trade and Industry said in Friday's preliminary reading.
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vor 692 Tagen
Renewed Support Anticipated For Taiwan Shares
The Taiwan stock market on Thursday ended the four-day winning streak in which it had collected more than 120 points or 0.8 percent. The Taiwan Stock Exchange now rests just above the 15,800-point plateau, although it figures to bounce higher again on Friday.
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vor 692 Tagen
Singapore GDP Sinks 0.7% In Q1
Singapore's gross domestic product contracted a seasonally adjusted 0.7 percent on quarter in the first quarter of 2023, the Ministry of Trade and Industry said in Friday's preliminary reading.
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vor 692 Tagen
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