Japan stocks higher at close of trade; Nikkei 225 up 0.19%
Investing.com – Japan stocks were higher after the close on Friday, as gains in the Textile, Shipbuilding and Steel sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.19%. The best performers of the session on…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.82%
Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Plastic, Machinery and Electronic Products Distribution sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.82%. The best performers of the…
Asia ex-China equities have biggest monthly foreign outflow in nearly 2-1/2 years
By Gaurav Dogra (Reuters) – Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the U.S. presidential election outcome reacted to concerns over weaker-than-expected corporate earnings, overvalued stocks and rising bond yields. According to LSEG…
German exports, industrial output fall more than expected
By Maria Martinez (Reuters) – German exports and industrial output fell more than expected in September, showing the weakness of two of the pillars of the German economic model at the start of the fourth quarter. Exports fell by 1.7%…
Explainer-China-U.S. talks on critical issues under threat as new Trump era looms
By Greg Torode and Antoni Slodkowski HONG KONG/BEIJING (Reuters) – U.S. President-elect Donald Trump inherits a United States-China relationship reset by presidents Joe Biden and Xi Jinping over the last year to lift ties off a diplomatic nadir after COVID-19…
China asks banks to lower interbank deposit rates to boost growth, Bloomberg News reports
(Reuters) – Chinese regulators have asked the country’s banks to lower the rates they pay to deposits from other financial institutions to free up funds to boost the economy, Bloomberg News reported on Thursday, citing people familiar with the matter….