Data
Yen dips, markets stabilise ahead of US inflation data
THE yen fell against the US dollar on Monday (Aug 12) in calmer currency market trading after volatile moves last week, while investors weighed the odds of a deep...
Gold prices steady with spotlight on US inflation data
GOLD prices held steady on Monday (Aug 12), with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest...
Oil posts 3% weekly gains on positive economic data, rate cut hopes
OIL prices settled higher on Friday (Aug 9) and notched over 3.5 per cent in weekly gains as positive economic data and signals from Fed policymakers that they could...
Asia: Stocks track Wall St rally as US jobs data ease recession fears
ASIAN stocks rallied Friday (Aug 9) as investors breathed a sigh of relief after US jobs data soothed concerns that the world’s top economy could tip into recession, bringing...
Europe: Stoxx 600 recovers early losses on US jobs data relief
The Stoxx 600 closed 0.1 per cent higher, after a sharp early decline in technology stocks knocked the pan-European index down over 1 per cent intraday.Data showed weekly US...
US: Wall Street opens higher as jobs data eases slowdown fears
WALL Street’s main indices opened higher on Thursday (Aug 8), bolstered by better-than-expected labour market data that eased worries of a slowdown in the world’s largest economy.The Dow Jones...
Telkom Indonesia taps Goldman, Mandiri to seek strategic investor for data centre business
INDONESIA’S state-owned communication giant Telkom Indonesia has appointed Goldman Sachs and Mandiri Sekuritas to help it find a strategic investor for its data centre business, according to a senior...
US banks tumble as weak economic data sparks recession fears
US BANK stocks slumped on Monday (Aug 5) as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and towards...
