You have reached your limit of subscriber-only articles this month Get unlimited access at $0.99/month* Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* *Terms and conditions apply.
Read More »STOCKMARKET
U.S. stocks open mixed amid economic data
(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 ...
Read More »Daily Mail & General Trust PLC reports 1% growth in underlying revenue driven by strong digital growth
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 ...
Read More »GKFX Reports Strong Revenues, Lagging Income for 2016
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 ...
Read More »Smartphones made in India? Manufacturing ambition hits hurdles
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 ...
Read More »Global financial institutions upgrade China’s economic growth forecasts
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 ...
Read More »Johnson, Factory Data Could Preside Over Pound’s Fate This Week
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.
Read More »Asian shares advance on strong factory data for China, Japan | News 1110am 99.3fm WBT
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 ...
Read More »Asian shares advance on strong factory data for China, Japan
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 ...
Read More »Euro ruffled by Spanish vote; Asia data encourages equities
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 ...
Read More »