Japan manufacturers’ mood hits decade-high – Reuters Tankan

Confidence among Japanese manufacturers rebounded in October to match a peak last seen in mid-2007, a Reuters poll found, further evidence that the economic recovery is gathering momentum helped by a weak yen and strong overseas demand. The monthly poll followed an Oct. 2 Bank of Japan survey that showed big manufacturers were the most optimistic about […]

China sees more new firms in first three quarters

The number of newly founded companies in China has continued to surge in the first three quarters of this year amid government efforts to encourage entrepreneurship and innovation, data showed. A total of 4.51 million new companies were set up in the Jan-Sept period, a daily average of 16,500 new firms, representing a 12.5 percent […]

German Economic Confidence Rose Less Than Expected in October

Confidence in Europe’s largest economy increased in October, but less than economists had expected, data from the ZEW institute showed Tuesday. The numbers suggest that Germany is shrugging off any concerns about a stronger euro and the gradual end of the European Central Bank’s quantitative easing. The survey of analysts’ expectations from the Center for […]

Singapore Exports Unexpectedly Fall in September

Singapore’s key non-oil domestic exports unexpectedly fell in September as a recent rally in electronics shipments unraveled and pharmaceuticals exports continued to fall. Exports of goods made in Singapore fell 1.1% in September compared with a year earlier, after a revised 16.7% gain in August, trade promotion agency International Enterprise Singapore said Tuesday. The median […]

MARKETS SNAPSHOT FOR 17/10/17

NASDAQ-Adv: 1,107 Dec: 1,872 NYSE-Adv: 1,267 Dec: 1,665 (Source: Nasdaq)   The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The blue-chip index, which surpassed similar 1,000-point marks three times […]

As China’s leaders gather, market reform hopes fade

President Xi Jinping’s rule in China has been marked by a muscular stance in many areas – from corruption to foreign policy – but investors and business leaders hoping that the nation’s most powerful leader in decades will drive market reforms are girding for disappointment. As he gears up for his second term, hoped-for market […]