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South Korea Export Price Data Due On Friday
(RTTNews) - South Korea will on Friday release February figures for its export and import price indexes, highlighting a light day for Asia-Pacific economic activity.
In January, the export price index was up 8.5 percent on year, while the import price index climbed an annual 6.6 percent.
New Zealand will see February results for the manufacturing PMI from BusinessNZ; in January, the index score was 51.4.
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BMW Q4 Results Down, Cuts Dividend; Sees Flat Earnings, Higher Volume In FY25
German luxury automaker BMW Group reported Friday lower profit and revenues in its fourth quarter hit mainly by weak Automotive deliveries, despite growth in Rolls-Royce. The company also trimmed its dividend, and issued fiscal 2025 outlook, expecting stable Group earnings before taxes, but slight growth in sales volume amid continuing subdued demand in the Chinese market.
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4h 9min ago
Pound Slides On Weak UK GDP Data
The British pound weakened against most major currencies in the European session on Friday, after U.K. economy logged an unexpected contraction at the start of the year on a sharp fall in production.
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4h 18min ago
CAC Moderately Higher In Cautious Trade
French stocks are up in positive territory a little past noon on Friday, led by gains financials and luxury sectors. The mood remains cautious amid escalating trade war tensions. Slight optimism about a ceasefire in Ukraine is aiding sentiment.
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4h 35min ago
DAX Climbs Higher; Adidas, Daimler Among Notable Gainers
German stocks are up firmly in positive territory a little past noon on Friday, despite rising trade tensions, and uncertainty surrounding the nation's spending plans. Investors are digesting the nation's inflation data and some corporate earnings updates.
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5h 3min ago
Pound Slides Against Most Majors
The British pound weakened against most major currencies in the European session on Friday.
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6h 12min ago
European Shares Inch Higher In Cautious Trade
European shares inched higher on Friday but were on track for a weekly loss on heightened trade tensions and growing concerns about an economic slowdown.
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6h 24min ago
UK Economy Contracts Unexpectedly On Weaker Production
The UK economy logged an unexpected contraction at the start of the year on a sharp fall in production, official data revealed on Friday. Gross domestic product shrank 0.1 percent on a monthly basis in January, following a growth of 0.4 percent in December, the Office for National Statistics reported. GDP was expected to grow 0.1 percent.
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6h 43min ago
Asian Shares Advance As US Shutdown Worries Ease
Asian stocks ended mostly higher on Friday after U.S. Senate Minority Leader Chuck Schumer said he plans to vote for a Republican bill to fund the government through September, helping ease worries about a potential federal government shutdown.
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6h 49min ago
