Bank Of Korea Hikes Key Rate By 25 Bps

South Korea's central bank raised its benchmark rate by a moderate quarter point on Thursday as the slowdown in economic growth is set to be more severe. The Monetary Policy Board of the Bank of Korea unanimously decided

European Shares Seen Flat To Higher In Cautious Trade

European stocks may open a tad higher on Thursday as investors react to dovish Fed minutes released overnight.

European Economics Preview: Germany Ifo Business Confidence Due

Business confidence survey results from Germany and France are the major statistical reports due on Thursday. At 2.45 am ET, France's statistical office Insee publishes business confidence survey results. The business

Australian Dollar Climbs As Fed Hints At Slowdown In Rate Hikes

The Australian dollar moved up against its most major counterparts in the Asian session on Thursday, as risk sentiment improved after the minutes from the Federal Reserve's latest policy meeting showed that the pace of

Amazon Likely To Invest $1 Bln A Year In Movies To Release In Theaters

Amazon.com Inc. plans to spend more than $1 billion annually to produce movies that will get a theatrical release, Bloomberg reported, citing people familiar with the matter. The online retailer giant, which acquired

Asian Shares Rise On Fed Policy Optimism

Asian stocks ended broadly higher on Thursday as optimism over a less hawkish Fed outweighed concerns that a surge in COVID cases in China would weigh on growth.

DAX Edges Higher Ahead Of ECB Minutes

German stocks eked out modest gains on Thursday after minutes from the Federal Reserve's November meeting signaled a slowdown in future rate hikes.

CAC 40 Inches Higher On Dovish Fed Minutes

French stocks rose on Thursday as relatively dovish signals from the Federal Reserve helped traders look past concerns over China, with the daily COVID cases hitting a record high since the pandemic began.

FTSE 100 Little Changed As Dr Martens Warns On Margins

U.K. stocks were little changed on Thursday, as oil extended overnight losses and bootmaker Dr Martens warned of weaker trading environment ahead of the busy Christmas season.

Eurozone Private Sector Contracts At Slower Pace

The euro area private sector contracted at a slower pace in November reflecting a reduced rate of loss of new business, fewer supply constraints and a pick-up in business confidence, flash survey results from S&P Global