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UK Govt Abandons Plan To Scrap 45% Tax Rate After Facing Criticism
The UK government decided to abandon its plan to scrap the 45 percent tax rate, which was announced just 10 days before, after coming under severe criticism for such a relaxation for the high earners at the time of rising living costs.
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vor 937 Tagen
Australian Dollar Advances On Higher Oil Prices; RBA Decision In Focus
The Australian dollar firmed against its most major counterparts in the Asian session on Monday, as oil prices rose and investors awaited the Reserve Bank of Australia's monetary policy decision to be released on Tuesday.
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vor 937 Tagen
European Shares Set For Soft Start As Oil Prices Jump
European stocks may open lower on Monday as higher-than-expected U.S. inflation data and sharp moves in the price of oil added to worries about slowing global growth.
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vor 937 Tagen
European Economics Preview: Eurozone Final Factory PMI Data Due
Final manufacturing Purchasing Managers' survey results from the euro area and the UK are the major reports due on Monday. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer price data for September. Inflation is forecast to remain unchanged at 3.5 percent.
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vor 937 Tagen
Sensex, Nifty Move Lower On Fed Worries; ONGC Shares Soar 5%
Indian shares opened lower on Monday, tracking weak global markets after new data closely watched by the U.S. Federal Reserve showed that prices continued to rise at a rapid pace in August.
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vor 937 Tagen
Asian Markets Extend Losing Streak
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, reflecting lingering concerns about a recession and the global economic outlook amid aggressive interest rate hikes by central banks around the world. Asian markets closed mostly lower on Friday.
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vor 937 Tagen
Sensex, Nifty Set To Drift Lower On Weak Global Cues
Indian shares look set to open lower on Monday as investors react to rising oil prices and weak global cues.
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vor 938 Tagen
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Monday after initially tracking the broadly negative cues from Wall Street on Friday, recouping some of the losses in the previous session, with the Nikkei 225 moving above the 26,100 level, after the Japanese Finance Minister Shunichi Suzuki confirmed his position to take decisive actions in the currency market if the yen surge continues.
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vor 938 Tagen
No Relief Yet For Thai Stock Market
The Thai stock market has finished lower in six straight sessions, slipping almost 55 points or 3.6 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,590-point plateau and it may take further damage on Monday.
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vor 938 Tagen
Indonesia Stock Market Tipped To Open In The Red
The Indonesia stock market on Friday ended the five-day losing streak in which it had fallen more than 170 points or 2.6 percent. The Jakarta Composite Index now rests just above the 7,040-point plateau although it's looking at another soft start again on Monday.
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vor 938 Tagen
Australian Market Notably Lower
The Australian stock market reversed early gains and is notably lower on Monday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling to twenty-three month lows below the 6,500 level, following the broadly negative cues from Wall Street on Friday, dragged by weakness in technology stocks, which extended their losses and tracked their peers on Wall Street.
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vor 938 Tagen
Malaysia Manufacturing Sector Slips Into Contraction - S&P Global
The manufacturing sector in Malaysia fell into contraction territory in September, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.1.
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vor 938 Tagen
Taiwan Manufacturing PMI Sinks To 42.2 In September - S&P Global
The manufacturing sector in Taiwan continued to contract in September, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 42.2.
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vor 938 Tagen
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