Berita Valas
China GDP Growth Tops Expectations In Q1
China's economy posted a stronger-than-expected growth in the first quarter as strong exports on the back of weaker currency helped to counteract the downturn in the property market. Gross domestic product grew 5.3 percent on a yearly basis in the first quarter, the National Bureau of Statistics reported Tuesday. The growth rate exceeded both expectations of 5.0 percent and the previous quarter'
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901 hari yang lalu
CAC 40 Declines As Bond Yields Surge
French stocks tumbled on Tuesday as robust gains in March retail sales figures combined with upward revisions in the prior two months added to concerns about the outlook for U.S. interest rates.
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901 hari yang lalu
Pound Rebounds Against Majors
The British pound rebounded from recent lows against other major currencies in the European session on Tuesday.
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901 hari yang lalu
DAX Declines On Interest Rate Concerns
German stocks traded sharply lower on Tuesday as investors fretted about higher interest rates and waited for Israel's response to Iran's unprecedented attack.
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901 hari yang lalu
Asian Shares Slide On US Rate Worries, Mixed China Data
Asian stocks tumbled on Tuesday while bond yields surged, and the dollar climbed to more than five-month highs as Middle East tensions persisted and signs of resilient consumer demand in the U.S. meant the Federal Reserve could delay interest rate cuts this year.
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902 hari yang lalu
US Offers Up To $6.4 Bln Grant To Samsung To Boost Chip-making In Texas
The U.S. government has offered up to $6.4 billion funding to Samsung Electronics Co Ltd. to build semiconductor manufacturing and research and development facilities in Texas. This will add to South Korean tech major's proposed investment of over $40 billion in the state to build a cluster of semiconductor factories in the coming years aiming to meet the expected surge in demand from U.S...
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902 hari yang lalu
Commodity Currencies Slide Amid Risk Aversion
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday amid risk aversion, as bond yields spiked after a report showed a much stronger than expected U.S. retail sales growth in March. The data led to renewed concerns the U.S. Fed will hold off on lowering interest rates in June. Traders also remained concerned about geopolitical tensions in the middle east.
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902 hari yang lalu
Berita lainnya
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Tuesday.
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902 hari yang lalu
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
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902 hari yang lalu
European Shares Likely To Open On Tepid Note
European stocks are likely to open on a sluggish note Tuesday as investors ponder over a wider Middle East conflict and the outlook for U.S. interest rates.
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902 hari yang lalu
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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902 hari yang lalu
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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902 hari yang lalu
Microsoft To Invest $1.5 Bln In UAE's AI Firm G42
Tech major Microsoft Corp. is investing $1.5 billion in UAE-based artificial intelligence or AI technology holding company G42 as part of its initiatives to accelerate AI development and global expansion. The investment would enhance the UAE's position as a global AI hub. With the collaboration, the companies expect to share the benefits of secure AI technologies and cloud capabilities with growi
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902 hari yang lalu
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