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China Expected to Meet Economic Growth Goals for 2023

China appears to be on course to meet its economic growth goal for 2023, Yahoo Finance claimed, with economic data due on Wednesday expected to show that gross domestic product rose by 5.2% for the year. This comes despite the nation's struggles with a...

Futures Stagnant as New Year of Trading Kicks Off

Futures listed on the New York Stock Exchange showed little movement as trading for the year 2024 got underway. Contracts on the Dow Jones Industrial Average and the benchmark S&P 500 were little changed, while those listed on the tech-heavy Nasdaq Composite fell by...

Asian and European Stocks Rise as Japanese Interest Rates Remain Unchanged

Stocks across Asia and Europe rose during early trading on Tuesday after the Bank of Japan (BOJ) decided to keep its interest rates unchanged. The Japanese yen slumped 1.3% to a one-week low against the US dollar while global treasuries declined as well, with...

Stocks Fall Amid Weak Earnings and Rising Yields

Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index...

Chinese Economy Stabilizes Amid Rising Factory Activity

China's economy appears to be stabilizing after an extended period of turbulence following the release of the country's latest purchasing managers' index (PMI). The report, published by the National Bureau of Statistics, found that factory activity in the world's second-largest economy is expanding for...

China Stocks Hit 10-Month Low as Market Pessimism Persists

Chinese stocks slumped to their lowest level in 10 months on Thursday as foreign funds continued to exit the country as investors remained pessimistic about economic growth prospects. Hong Kong's Hang Seng Index slumped by over 1%, while the MSCI China Index plunged by...