South Korea Trade Data Due On Monday
(RTTNews) - South Korea will on Monday release August numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In July, imports were up 10.5 percent on year and exports gained 13.9 percent for a trade surplus of $3.62 billion.
Also, several of the regional bourses are closed on Monday, including Japan (Respect for the Aged Day), South Korea (Chuseok Thanksgiving Day), Malaysia (Malaysia Day), China (Mid-Autumn Festival) and Indonesia (Prophet Muhammad's birthday).
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European Shares Poised For Mixed Open
European stocks are likely to open on a mixed note Monday as investors ponder over the health of the U.S. and Chinese economies and await a slew of corporate results for directional cues.
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4 시간 10 분 전
China Cuts Benchmark Lending Rates To Revive Growth
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent deflationary pressures. The People's Bank of China cut its one-year loan prime rate to 3.10 percent from 3.35 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was lowered to 3.60 percent from 3.85 percent.
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4 시간 19 분 전
Sensex, Nifty Open Lower With Earnings In Focus
Indian shares opened lower on Monday despite positive cues from global markets.
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5 시간 13 분 전
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as traders trimmed their bets on US Fed interest rate cuts this year amid following largely upbeat batch of US economic data last week. A slew of Chinese data last week backed calls for more stimulus to boost the economy. Persisting worries about geopolitical tensions weighed on the markets.
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6 시간 17 분 전
Sensex, Nifty Seen Higher At Open
Indian shares look set to open a tad higher on Monday as investors react to earnings from HDFC Bank, Kotak Mahindra Bank and Tech Mahindra Bank released over the weekend.
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7 시간 10 분 전
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Monday, adding to the gains in the previous session. The benchmark S&P/ASX 200 is moving a tad above the 39,000 mark, following the broadly positive cues from Wall Street on Friday, with gains is index heavyweights and technology stocks partially offset by weakness in financial stocks.
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7 시간 24 분 전
Rebound Anticipated For Thai Stock Market
The Thai stock market on Friday snapped the two-day winning streak in which it had gained almost 30 points or 2.1 percent. The Stock Exchange of Thailand now rests just beneath the 1,490-point plateau although it's expected to bounce higher again on Monday.
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7 시간 42 분 전
Overbought Jakarta Market Nonetheless Called Higher Again On Monday
The Indonesia stock market has tracked higher in six straight sessions, climbing more than 275 points or 3.7 percent along the way. The Jakarta Composite Index now rests just above the 7,760-point plateau and it's got a firm lead again for Monday's trade.
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8 시간 12 분 전
