China Service Sector Growth Moderates In April

China's service sector continued to expand in April but the pace of growth moderated slightly, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index fell to 52.5 in April from

Indonesia GDP Growth Exceeds Expectations

Indonesia's economy grew more than expected in the first quarter on robust government spending, official data revealed on Monday. Gross domestic product posted an annual growth of 5.11 percent in the first quarter after

Asian Shares Rise On Fed Rate Cut Hopes

Asian stocks rose broadly in thin trade on Monday, with Japanese and South Korean markets closed for a public holiday.

DAX Edges Higher On Fed, ECB Rate Cut Hopes

German stocks traded slightly higher on Monday as weaker-than-expected April U.S. jobs report released on Friday along with separate data showing an unexpected contraction in U.S. service sector activity in April boosted

CAC 40 Gains On US Rate Cut Optimism

French stocks were slightly higher on Monday as optimism over interest rate cuts returned to the fore, following weaker-than-expected U.S. jobs data released on Friday. Also helping underpin sentiment, the latest HCOB

European Shares Gain On Solid Data, Rate Cut Hopes

European stocks eked out modest gains on Monday as weaker-than-expected April U.S. jobs report released on Friday boosted the case for rate cuts by the third quarter.

Sensex, Nifty Give Up Early Gains To End Narrowly Mixed

Indian shares gave up early gains to end on a flat note Monday amid signs of escalating tensions in the Middle East.

U.S. Service Sector Activity Contracts For First Time Since December 2022

After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its

Canadian Market Firmly Up In Positive Territory

The Canadian market is modestly higher in late morning trades on Friday, lifted by gains in healthcare, real estate, communications and utilities sectors. Strong results from iPhone maker Apple Inc., and slightly

European Stocks Close Higher As Investors React To Earnings, Economic Data

European stocks closed higher on Friday, reacting to corporate earnings updates, regional economic data, and U.S. non-farm payroll data for the month of April.