(MENAFN) As investors absorbed the country’s recent released personal income and outlays data, U.S. stocks opened mixed Friday, which is the last trading day of the third quarter. In line with market estimates, U.S. personal income increased 28.6 billion U.S. dollars or 0.2 percent in August, according to the commerce Department. On the other hand, U.S. disposable personal income increased ...

Daily Mail & General Trust PLC () has said the group outlook for 2017 in line with current market expectations as it reported 1% growth in underlying pro forma revenue driven by strong digital growth. In a trading update covering the eleven month period to the end of August 2017, the newspapers group said its reported revenues were ...

UK-based FCA-regulated broker GKFX Financial Services limited, known by its GKFX brand, has just released its annual financial results for the fiscal period ending December 31, 2016. The group’s latest financial results, which covers from September 2015 through December 2016, disclosed a mixture of statistics, ultimately showing that the company was unable to maintain profitability, though it managed to score ...

NEW DELHI: India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labor and part suppliers along with a complex tax regime, industry executives say.Prime Minister Narendra Modi has championed a manufacturing drive, under the slogan ‘Make in India’, to boost the sluggish economy and create millions of jobs. Among the headline-grabbing details was a plan ...

A bullet train drives in Qinzhou City, south China’s Guangxi Zhuang Autonomous Region, Aug. 1, 2016. China has built one of the world’s most extensive high-speed rail networks in just a few years. It has the world’s longest high-speed rail network, 22,000 km as of the end of 2016, or 60 percent of the world’s total, and the mileage will ...

Sterling pared its biggest monthly gain in at least two years on Friday as disappointing economic numbers exacerbated uncertainty surrounding the Brexit talks. With the ruling Conservative Party’s annual conference starting Sunday, and a host of reports including sentiment surveys for the construction and services industries through the week, the pound could be pulled in conflicting directions, according to strategists.

TOKYO (AP) — Shares in Asia are higher after China and Japan reported stronger than expected factory data. Many markets in the region were closed Monday for national holidays. KEEPING SCORE: Japan’s Nikkei 225 stock index rose 0.1 percent to 20,376.90 and the S&P ASX/200 jumped 1.1 percent to 5,743.40. Shares in Singapore and Taiwan also gained. Markets in Hong ...

TOKYO (AP) — Shares in Asia are higher after China and Japan reported stronger than expected factory data. Many markets in the region were closed Monday for national holidays. KEEPING SCORE: Japan’s Nikkei 225 stock index rose 0.1 percent to 20,376.90 and the S&P ASX/200 jumped 1.1 percent to 5,743.40. Shares in Singapore and Taiwan also gained. Markets in Hong ...

SYDNEY (Reuters) – The euro took a knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain’s Catalonia, although surprisingly strong economic news out of China and Japan offered support to equities and commodities. The euro fell 0.3 percent after the violence-marred vote to trade at $1.1773, with liquidity lacking given holidays in ...

TOKYO (REUTERS) – Big manufacturers have more confidence in Japan’s business conditions than they have had for a decade as global demand adds momentum to economic recovery, a closely watched central bank survey showed on Monday (Oct 2). The upbeat data supports Bank of Japan policymakers’ hopes that a sustained economic recovery will boost wages and household spending, helping to ...