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Archive for the May 16, 2017

    • News Desk
    • May 16th, 2017
    • Comments Off on UK employers plan smallest pay rises since 2013

    British employers plan to increase pay at the weakest rate since 2013, a survey showed on Monday, offering poor prospects for British households already strained by higher inflation since last year's Brexit vote. Employers on

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    • News Desk
    • May 16th, 2017
    • Comments Off on China refinery runs at seven-month low

    China's April refinery throughput fell to its lowest level on a daily basis since last September as some large state-owned refineries conducted planned oil plant maintenance and crude oil output continued to drop. April crude

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    • News Desk
    • May 16th, 2017
    • Comments Off on China factory output slows in April as credit tightens

    China's factories and workshops saw their output slow sharply in April, data showed Monday, as the world's second-largest economy grapples with tighter credit and weaker demand. The data comes as China hosts an international summit

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    • News Desk
    • May 16th, 2017
    • Comments Off on ME markets mixed; Saudi Arabia’s index up with oil

    Middle Eastern stock markets were mixed on Monday with Saudi Arabia rising on the back of a rebound in oil prices and a continued slide by amusement park operator DXB Entertainments helping to drag down

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    • News Desk
    • May 16th, 2017
    • Comments Off on Hong Kong shares rise to 21-month highs

    Hong Kong stocks rose for the sixth straight session to fresh 21-month highs on Monday, as investors shrugged off threats posed by a global cyber security attack, a missile test by North Korea and weak

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  • Tokyo stocks edged lower Monday following North Korea's latest missile launch and disappointing data, but small-car maker Suzuki shook off the gloom as upbeat earnings pushed it to a record close. Pyongyang said it carried

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    • News Desk
    • May 16th, 2017
    • Comments Off on Monday’s early afternoon trade: S&P 500, Nasdaq Composite hit records as oil climbs

    The Nasdaq Composite and the S&P 500 were trading at record levels in early afternoon trading on Monday as a rise in oil prices boosted energy stocks and investors shrugged off the impact of a

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  • Taiwan stocks rose on Monday to trade above the key 10,000 level amid concerns over a global ransomware attack and a missile test by North Korea. The main TAIEX index settled above the 10,000 mark

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    • News Desk
    • May 16th, 2017
    • Comments Off on Southeast Asian markets: Singapore hits 21-month peak

    Singapore shares scaled a 21-month peak on Monday on upbeat corporate earnings, while Philippine shares closed lower as traders booked profits ahead of two major share offerings over the next couple of weeks. Singapore shares

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  • Indian shares ended at a record closing high on Monday, after government data last week showed that consumer inflation in April eased to its lowest in at least five years, reviving a debate on whether

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