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Asian Shares Extend Gains On Optimism Over Fed Outlook

Asian Shares Extend Gains On Optimism Over Fed Outlook

Asian stocks rose for a fourth straight session on Monday and the dollar hovered near six-week lows as weak U.S. jobs and service sector activity data released on Friday helped ease worries about further rate hikes by the Federal Reserve.
RTTNews | 1058 hari yang lalu
German Residential Construction Order Cancellations Climb To New High: Ifo

German Residential Construction Order Cancellations Climb To New High: Ifo

Cancellations of residential construction projects in Germany rose to a new high in October as housing demand weakened further, results of survey by the ifo institute showed Monday, adding to signs of recession in the biggest euro area economy. The share of companies that reported canceled projects rose to 22.2 percent from 21.4 percent in the previous month.
RTTNews | 1058 hari yang lalu
Elon Musk Launches AI Chatbot Grok

Elon Musk Launches AI Chatbot Grok

Elon Musk's new AI venture xAI has unveiled its first artificial intelligence or AI chatbot technology named Grok, that competes with OpenAI's highly popular Generative AI ChatGPT. Grok is claimed to help quickly access relevant information, process data, and come up with new ideas. In a post on X, formerly Twitter, Musk said, "Grok has real-time access to info via the platform, ..."
RTTNews | 1058 hari yang lalu
European Economic News Preview: Germany Factory Orders Data Due

European Economic News Preview: Germany Factory Orders Data Due

Factory orders from Germany and final Purchasing Managers' survey results from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to release Germany's factory orders data for September. Orders are forecast to fall 1.0 percent on month, in contrast to the 3.9 percent increase in August.
RTTNews | 1058 hari yang lalu
European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks may open on a mixed note on Monday amid easing U.S. rate concerns and reports of heavy bombardment going on throughout the night across Gaza.
RTTNews | 1058 hari yang lalu
Yen Falls Amid Risk Appetite, Fed Rate Optimism

Yen Falls Amid Risk Appetite, Fed Rate Optimism

The Japanese yen weakened against other major currencies in the Asian session on Monday, as another set of weak U.S. economic data added to investor optimism that the Fed is done hiking interest rates.
RTTNews | 1058 hari yang lalu
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Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 1058 hari yang lalu
Tyson Recalls Fully Cooked Chicken Fun Nuggets

Tyson Recalls Fully Cooked Chicken Fun Nuggets

Tyson Foods, Inc. is recalling around 29,819 pounds of frozen, fully cooked chicken "Fun Nuggets" sold to retailers for possible contamination with extraneous materials, specifically metal pieces, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
RTTNews | 1058 hari yang lalu
Sensex, Nifty Open Higher On Fed Rate Optimism

Sensex, Nifty Open Higher On Fed Rate Optimism

Indian shares opened on a positive note Monday as another set of weak U.S. economic data added to investor optimism that the Fed is done hiking interest rates.
RTTNews | 1058 hari yang lalu
Thai Stock Market Poised To Extend Winning Streak

Thai Stock Market Poised To Extend Winning Streak

The Thai stock market has moved higher in two straight sessions, gathering almost 40 points or 2.9 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,420-point plateau and it's got another solid lead for Monday's trade.
RTTNews | 1058 hari yang lalu

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