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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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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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4h 11min 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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4h 30min 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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4h 36min ago
Yen Falls Amid Uncertainty Over BoJ Policy
The Japanese yen weakened against other major currencies in the Asian session on Friday, as the Bank of Japan (BoJ) is anticipated to keep interest rates steady next week as a way to evaluate the risks of escalating U.S. trade tensions.
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5h 21min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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7h 11min ago
European Shares Seen Up As US Government Shutdown Worries Ease
European stocks are likely to open higher on Friday amid signs the U.S. may avert a looming government shutdown after Senate Democratic leader Chuck Schumer announced he's ready to start the process of considering a Republican-led government funding bill that has fiercely divided Democrats.
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7h 29min ago
Dr. Reddy's Labs Recalls Levetiracetam In Sodium Chloride Injection
Dr. Reddy's Laboratories Ltd. is recalling Levetiracetam in 0.75% Sodium Chloride Injection in the United States citing mislabeling of infusion bag, according to the U.S. Food and Drug Administration. The recall involves one Batch/Lot No: A1540076 of Levetiracetam in 0.75% Sodium Chloride Injection, 1,000 mg/100 mL (10 mg/mL) single-dose infusion bags to the consumer level.
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8h 13min ago
European Economic News Preview: UK GDP Data Due
Monthly GDP estimate, industrial production and foreign trade figures are due from the UK, headlining a busy day for the European economic news. At 3.00 AM ET, the Office for National Statistics releases UK GDP, industrial output and external trade data. The economy is forecast to grow 0.1 percent on a monthly basis in January, following a 0.4 percent gain in December.
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8h 16min ago
