Australia Leading Index Data Due On Wednesday
(RTTNews) - Australia will on Wednesday see September results for the leading economic index from Westpac, highlighting an extremely light day for Asia-Pacific economic activity.
In August, the index eased 0.1 percent on month.
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SmartDrive Speed Control Dial Recalled Due To Unresponsive Motor
Advanced medical technology firm Max Mobility/Permobil, part of Patricia Industries, a unit of Sweden's Investor AB, has recalled the Speed Control Dial component used with the SmartDrive MX2+ Power Assist Device, citing the potential safety and performance concerns. The recall was initiated after receiving 646 complaints associated with the Speed Control Dial as of December 12, 2024.
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6h 44min ago
China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates unchanged for the third straight session on Monday as policymakers await the stance of new US administration.
The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations.
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6h 46min ago
European Shares Seen Mixed At Open
European stocks may struggle to find direction at open on Monday as a new Donald Trump era begins.
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7h 17min ago
Sensex, Nifty Open Higher; Financials Underperform
Indian shares followed global peers higher on Monday, though overall gains remained capped due to uncertainty surrounding Donald Trump's trade policies and caution ahead of the Union Budget.
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8h 12min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of US President-elect Donald Trump amid speculations on the potential impact of his policies. Asian markets closed mixed on Friday.
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9h 36min ago
Australian Market Halves Early Gains In Mid-market
The Australian stock market halved its early gains in mid-market trading on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by energy and technology stocks. Gold miners are the only weak spot.
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10h 4min ago
Sensex, Nifty Likely To See Modest Gains At Open Ahead Of Trump Inauguration
Indian shares may see cautious gains at open on Monday as investors prepare for the first days of the Trump's second term.
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10h 14min ago
Thai Bourse Likely To End Losing Streak
The Thai stock market has ticked lower in two straight sessions, slipping more than a dozen points or 0.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it may stop the bleeding on Monday.
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10h 48min ago
