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Archive for the January 7, 2017

    • News Desk
    • Jan 7th, 2017
    • Comments Off on Iran capitalises on Opec oil cut to sell millions of barrels

    Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalising on an Opec output cut deal from which it is exempted to regain market share

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on US job growth slows, but wages rebound strongly

    US employment increased less than expected in December but a rebound in wages pointed to sustained labour market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Hong Kong stocks score best week in three months

    Hong Kong shares extended gains to end firmer on Friday, scoring its best week in three months, as capital outflow worries eased after the US dollar took a breather from its post-election rally. The benchmark

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  • Tokyo shares drifted lower on Friday as yen strength weighed on sentiment and following declines on Wall Street. Exporters faced pressure from the weaker dollar, while Toyota declined after US President-elect Donald Trump fired off

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Friday’s early trade: S&P, Dow flat after jobs data; tech stocks lift Nasdaq

    The S&P 500 and the Dow Jones Industrial Average were little changed on Friday after a mixed jobs report, while tech stocks lifted the Nasdaq to a record intraday high. The Nasdaq was on track

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Nasdaq reaches record high, Macy’s stirs retail fear

    The Nasdaq squeaked out a record high close on Thursday thanks to Amazon.com, while deep drops in Macy's, Kohl's and other department stores weighed on the broader stock market. US stocks have wavered over the

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Australian shares up; New Zealand flat

    Australian shares closed showing a marginal upside bias that was enough to register a fourth consecutive day of gains on Friday, as advances in the telecom and financial sectors slightly outweighed declines in basic material

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  • Indian shares ended down on Friday from a near two-month high hit earlier in the session, as a slump in IT shares on worries over H-1B visas outweighed positive sentiment from continued gains in Asian

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Treasury debt yields fall broadly

    US Treasury debt yields dropped broadly on Thursday, falling for a third straight session, as investors grew uncertain about the incoming Trump administration and waited for more clarity about its policies before taking more positions.

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Treasury debt yields fall broadly

    US Treasury debt yields dropped broadly on Thursday, falling for a third straight session, as investors grew uncertain about the incoming Trump administration and waited for more clarity about its policies before taking more positions.

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