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Yen Reverses Gains Following BoJ Summary Of Options

The yen dropped against its major counterparts in the European session on Thursday, as the Bank of Japan Summary of Opinions from the January meeting showed that the central bank is determined to maintain its current monetary policy, including the conduct of yield curve control.
RTTNews | 744 gün önce
Singapore Industrial Output Falls 3.1%

Singapore Industrial Output Falls 3.1%

Singapore's industrial production declined for the third straight month in December, largely due to a slump in the bio-medical manufacturing output, data from the Economic Development Board revealed on Thursday.
RTTNews | 744 gün önce
SAP Stock Down On Weak Q4 Profit, Sees Growth In FY23; To Cut 2.5% Jobs; Mulls Qualtrics Stake Sale

SAP Stock Down On Weak Q4 Profit, Sees Growth In FY23; To Cut 2.5% Jobs; Mulls Qualtrics Stake Sale

Shares of SAP AG were losing more than 3 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German software major reported Thursday sharply lower profit in its fourth quarter, despite higher revenues. Looking ahead for fiscal 2023, the company projects accelerating topline and double-digit adjusted operating profit growth.
RTTNews | 744 gün önce
Positive Earnings Updates Lift DAX

Positive Earnings Updates Lift DAX

Positive earnings updates from the region helped restore sentiment pushing the DAX higher in Thursday's trade.
RTTNews | 744 gün önce
UK Car Production Falls Most In Over 6 Decades Despite Record EV Output

UK Car Production Falls Most In Over 6 Decades Despite Record EV Output

UK car production declined at the fastest pace in 66 years during the year 2022, as global chip shortages and structural changes hampered output coupled with weaker exports, while electrical vehicle production reached a record level, data from the Society of Motor Manufacturers and Traders, or SMMT, showed on Thursday.
RTTNews | 744 gün önce
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Meta To Reinstate Donald Trump's Facebook, Instagram Accounts

Meta To Reinstate Donald Trump's Facebook, Instagram Accounts

Meta Platforms announced its plans to end suspension of the former U.S. President Donald Trump's Facebook and Instagram accounts in the coming weeks. Further, the company has put new guardrails in place to deter repeat offenses, Global Affairs President Nick Clegg said in a statement. The decision comes after two years of banning him on the social media platforms following his praise for people...
RTTNews | 744 gün önce
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the mostly negative cues from global markets overnight, as some markets returned after holidays as they play catching up. Traders are also optimistic the US Fed will ease the pace of interest rate hikes, citing slowing wage and inflation growth as well as the recent comments from Fed officials.
RTTNews | 744 gün önce
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower on Thursday after opening in the green, snapping a four-session winning streak, with the Nikkei 225 staying above the 27,300 level, following the mostly negative cues from global markets overnight, with weakness across most sectors, led by financial and technology stocks. Traders also digested domestic data that showed a rise in producer prices.
RTTNews | 744 gün önce
Thai Shares Expected To Remain Rangebound

Thai Shares Expected To Remain Rangebound

The Thai stock market has moved lower in two straight sessions, although it has given away not even 2 points in that span. The Stock Exchange of Thailand now rests just beneath the 1,685-point plateau and it's looking at another flat performance again on Thursday.
RTTNews | 744 gün önce

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