Sales of retail sector in Germany declined for a second straight month in May, official data showed on Monday, surprising economists who expected the turnover to increase slightly in last month.
According to the Wiesbaden-based Federal Statistical Office (Destatis), retail sales in the Europe's largest economy shrank by 0.6 percent in May compared with the previous month when adjusted for…Read more
The market value of Kuwait Stock Exchange (KSE) hit KD 30.4 billion by end of first half of 2014, growing by KD 283.5 million from the corresponding period last year, according to the economic report Monday.
The stock market closed the last trading week of the first half with mixed performance as the Weighted Index gained 16.9 point or 3.7…Read more
Investment in emerging markets is expected to slump this year as part of a global downturn in corporate spending that is set to last into 2015, according to Standard & Poor's.
Worldwide corporate investments are expected to dip 0.5 percent this year after a one percent fall in 2013, stalling at around $3.3 trillion for three years in a row,…Read more
A renewed interest in large-cap stocks helped Pakistan's Karachi Stock Exchange (KSE) to cross 29, 600 points on the last day of Financial Year 2014 on Monday as investors remained active in Pakistan Petroleum Limited and Pakistan State Oil.
The benchmark KSE 100-Index surged by 1.05 percent, or 308.77 points, to 29,652.53 points, as against 29,343.76 points recorded on Friday.…Read more
Eurozone inflation is still stuck at the lowest levels since the financial crisis, new data showed on Monday, highlighting the threat of deflation but analysts say the ECB is unlikely to ease policy further this week.
Deflation is such a threat that the European Central Bank has moved into negative interest rates to get cash flowing, and authorities are closely…Read more
Europe's main stock markets traded mixed on Monday, as traders reacted to eurozone inflation numbers ahead of key US jobs data due later in the week.
London's benchmark FTSE 100 index dipped 0.17 percent to stand at 6,745.99 points around midday in the British capital.
Frankfurt's DAX 30 added 0.25 percent to 9,839.97 points while the CAC 40 in Paris…Read more
Chinese shares closed higher on Monday, with the benchmark Shanghai Composite Index up 11.92 points, or 0.59 percent, to finish at 2,048.33 points.
The Shenzhen Component Index gained 30.65 points, or 0.42 percent, to close at 7,343.27.Read more
Tokyo stocks erased early losses and rebounded by ending on Monday following buoyant performances in other Asian markets.
The 225-issue Nikkei Stock Average rebounded 67.10 points, or 0. 44 percent, higher from Friday to finish at 15,162.10.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 9.41 points, or 0.75 percent, at 1,262.…Read more
Indian stocks moved up nearly 80 points in opening trade on Monday despite muted trend seen in other Asian markets.
The BSE benchmark index, Sensex, opened at 25,179.55 points, 79. 63 points or 0.32 percent up from the previous close of 25,099.92 points.Read more
The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, opened at 1,388.47 points on Monday, down 0.02 percent.
The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the Shenzhen Stock Exchange.
The ChiNext Board, which…Read more