728 x 90



All Posts

  • Dow Futures Tick Higher, Fed Minutes In Focus

    Dow Futures Tick Higher, Fed Minutes In Focus0

    U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of economic data and the release of the U.S. Federal Reserve’s latest meeting minutes. By 6:356pm ET (11:35pm GMT) Dow Jones Futures and S&P 500 Futures were up 0.3% while Nasdaq 100 Futures added 0.2%. Ahead

    READ MORE
  • South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

    South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI0

    South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers’ index (PMI) for South Korea manufacturers fell to a seasonally-adjusted 48.2

    READ MORE
  • Philippines Main Airport Scrambles To Restore Normalcy After Power Cut

    Philippines Main Airport Scrambles To Restore Normalcy After Power Cut0

    The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to

    READ MORE
  • BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei

    BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei0

    The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on Saturday.The BOJ jolted markets this month by widening its 10-year yield cap range, a move officially aimed at straightening out bond market distortions but seen

    READ MORE
  • Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections

    Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections0

    Indian Prime Minister Narendra Modi’s move to effectively halve food rations to the poor ahead of state polls next year and a general election in 2024 is fiscally sound, but politically much depends on whether the charismatic leader can sell it to voters. Subsidised food and other items are key to winning elections in India,

    READ MORE
  • Japan to Make Raising Wages a Top Priority, Says Senior Govt official

    Japan to Make Raising Wages a Top Priority, Says Senior Govt official0

    Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday. “The biggest challenge for Japan’s economy is a lack of wage growth. Unless wages rise, consumption won’t pick up and companies won’t increase investment,” Kihara said, speaking during a television programme.

    READ MORE