U.S. Weekly Jobless Claims Pull Back More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 6th after reaching a two-month high in the previous

ECB Holds Rates Steady, Signals Easing Ahead

The European Central Bank left its key interest rates unchanged on Thursday, but signaled policymakers are gaining confidence on inflation returning to the 2 percent target and could lower rates in coming months. The

Will USDA Remove Heinz's Lunchables From School Lunch Program?

Packaged foods major Kraft Heinz Co.'s Lunchables lunch kits that are part of the school lunch program contain high level of lead and sodium, according to advocacy group Consumer Reports or CR. The consumer product

CarMax Q4 Results Miss Estimates

Used vehicle retailer CarMax Inc. announced Thursday a profit for fourth quarter that decreased 27 percent from last year, hurt by lower gross margins amid the decrease in average selling price in retail and wholesale.

More Pain Predicted For South Korea Shares

Ahead of Wednesday's market holiday for Election Day, the South Korea stock market had alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in

Renewed Consolidation Called For Singapore Shares

Ahead of Wednesday's holiday for Eid-ul-Fitr, the Singapore stock market had ended the two-day losing streak in which it had shed almost 20 points or 0.6 percent. The Straits Times Index now rests just above the

Taiwan Shares Tipped To Open Under Pressure

The Taiwan stock market on Wednesday snapped the two-day winning streak in which it had picked up more than 450 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,760-point plateau and the losses

Japan M2 Money Stock Climbs 2.5% On Year In March

The M2 money stock in Japan was up 2.5 percent on year in March, the Bank of Japan said on Thursday - coming in at 1,243.9 trillion yen.

China Stock Market May Give Up Support At 3,000 Points

The China stock market headed south again on Wednesday, one day after ending the three-day slide in which it had fallen more than 30 points or 1 percent. The Shanghai Composite Index now sits just beneath the 3,030-point

Hong Kong Bourse Due For Profit Taking

The Hong Kong stock market has tracked higher in three straight sessions, advancing more than 400 points or 2.4 percent along the way. The Hang Seng Index now sits just beneath the 17,140-point plateau although investors