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Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks
The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
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Eurozone Private Sector Falls Back Into Contraction
The euro area private sector fell back into the negative territory in November as services activity shrank for the first time in ten months, joining manufacturing in contraction zone, survey results from S&P Global revealed Friday. The composite output index registered 48.1 in November, which was the lowest since January, and down from 50.0 in October.
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680 hari yang lalu
FTSE 100 Rises As Weak Data Spurs Rate Cut Bets
Renewed rate cut bets helped the FTSE 100 outperform other markets in Europe amidst disappointing economic data updates.
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680 hari yang lalu
Major European Markets Turning In Mixed Performance As Investors React To Regional Data
The major European markets are turning in a mixed performance on Friday with investors reacting to regional economic data and corporate news, in addition to following developments on the geopolitical front.
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680 hari yang lalu
Euro Falls As Weak Eurozone PMI Triggers ECB Rate Cut Bets
The euro weakened against other major currencies in the European session on Friday, as traders bet a possibility of an interest-rate cut by the European Central Bank (ECB) after data from Germany and the Eurozone showed that the business activity in the private sector contracted in November.
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680 hari yang lalu
German Private Sector Continues To Shrink
Germany's private sector continued to contract in November as sustained weakness in manufacturing output was compounded by the first fall in services activity for nine months, flash Purchasing Managers' survey compiled by S&P Global showed Friday. The HCOB composite output index dropped to 47.3 in November from 48.6 in the previous month. The score signaled acceleration in the rate of decline in
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680 hari yang lalu
CAC 40 Slips Amidst Economic Woes
Renewed concerns about economic activity and growth in France as well as the wider Euro Area dragged down the CAC 40 benchmark below the levels at close on Thursday.
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680 hari yang lalu
Berita lainnya
France Private Sector Falls Deep Into Contraction
France's private sector contracted the most since January as prolonged weakness in demand damped expectations, flash survey results from S&P Global showed on Friday.
The flash HCOB composite output index fell markedly to 44.8 in November from 48.1 in October. This was the third monthly fall in private sector output and the score signalled the steepest contraction since January.
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680 hari yang lalu
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Friday.
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680 hari yang lalu
Sensex, Nifty Close On Buoyant Note As Stocks Rally On Strong Buying
Indian stocks rallied sharply and lifted the benchmark indices Sensex and the Nifty50 to a buoyant close on Friday, a day after suffering a setback following the indictment of Adani Group founder Gautam Adani and a few top executives by U.S. Securities Exchange Commission in an alleged bribery case.
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680 hari yang lalu
DAX Drops Amidst Weak PMI, GDP
The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded a decline on Friday amidst weaker-than-expected economic data.
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680 hari yang lalu
Pound Slides On Weak U.K. Retail Sales, Flash PMI Reports
The British pound weakened against other major currencies in the European session on Friday, as weak U.K. retail sales for October and PMI data for November triggered expectations among traders for interest-rate cuts by the Bank of England (BoE) in the December meeting.
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680 hari yang lalu
Asian Markets Rally Despite China Sell-off
Asian markets broadly rallied and remained insulated from the turbulence in China's stock markets.
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680 hari yang lalu
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