If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn't miss much. While the BLS has gone dark with the shutdown in Washington, other reports outside the government data suggest the labor market just plodded along in September. The Dow Jones consensus forecast was for growth of 51,000 in nonfarm payrolls with the unemployment rate holding steady at 4.3%. High-frequency data that includes job postings, private payrolls and state-by-state figures...
Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.05%. The best performers of the session on the Nikkei 225 were IHI Corp. (TYO:7013), which rose 6.07% or 875.00 points to trade at 15,280.00 at the close. Meanwhile, M3 Inc (TYO:2413) added 6.05% or 122.50 points to end at 2,146.00 and Kawasaki Heavy Industries, Ltd. (TYO:7012) was up 6.02% or 615.00 points to 10,825.00 in late trade. The worst performers of the session were Suzuki Motor Corp....
Asia-Pacific markets mostly rose Tuesday following gains on all three Wall Street benchmarks overnight, despite mounting global trade frictions. China pushed back against the U.S.′ accusations that it had violated a temporary trade agreement. Instead, the Asian powerhouse blamed Washington for failing to uphold the deal — a sign that negotiations between the world's two largest economies are deteriorating. Meanwhile, the European Union criticized U.S. President Donald Trump's intention to double steel tariffs to 50%, saying that such a move "undermines" its own negotiations with the U.S....
(Hong Kong) In the financial markets today, the Hang Seng Index opened with a gain of 123 points or 0.53%, reaching 23,281 points. The state-owned enterprise index also saw an increase of 47 points or 0.57%, hitting 8,407 points, while the technology index climbed by 27 points or 0.54% to 5,162 points. Tech stocks are performing well, with Tencent rising by 1.1% and crossing the 500 yuan threshold. Other major tech companies like Alibaba, Meituan, Xiaomi, JD.com, and Kuaishou saw stable movements. Financial stocks are holding steady, with HSBC Holdings, AIA Group, China Ping An, and Hong...
The Nikkei 225 Index rose 0.4% to above 37,600 on Tuesday, snapping a two-day decline and taking cues from a positive lead on Wall Street despite investor concerns over rising global trade tensions. US President Donald Trump's recent announcement to double tariffs on steel imports to 50% drew criticism from key trading partners and raised concerns about potential ripple effects on Japan's steel industry. Meanwhile, China rejected Trump's claims that it had breached a temporary trade agreement, adding uncertainty to the outlook for future negotiations. With no major domestic economic data...
The S&P 500 index closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump's latest salvo to double tariffs on imported steel and aluminum. Trump said late on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25% starting Wednesday, just hours after he accused China of violating an agreement. China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless" and...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long,...