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U.S. stocks rise despite lackluster economic data

U.S. stocks rise despite lackluster economic data

2021-07-30 04:41

U.S. stocks finished higher on Thursday as investors parsed the nation's gross domestic product (GDP) data and jobless claims numbers.

Oil prices advance amid drop in U.S. inventory, weaker dollar

Oil prices advance amid drop in U.S. inventory, weaker dollar

2021-07-30 03:47

NEW YORK, July 29 (Xinhua) -- Oil prices rose on Thursday, supported by a positive U.S. fuel inventory report and a weaker U.S. dollar. The West Texas Intermediate for September delivery added 1.23 U.S. dollars to settle at 73.62 dollars a barrel on

S.Korean banks lending rate rises in June

S.Korean banks' lending rate rises in June

2021-07-29 15:47

SEOUL, July 29 (Xinhua) -- South Korean banks lending rate rose last month amid expectations for a policy rate hike later this year, central bank data showed Thursday. The annualized rate for fresh loans, extended by deposit-taking banks to household

Samsung Electronics operating profit logs double-digit growth in Q2

Samsung Electronics' operating profit logs double-digit growth in Q2

2021-07-29 14:00

SEOUL, July 29 (Xinhua) -- Samsung Electronics, South Koreas tech behemoth, logged double-digit growth in the second-quarter operating profit owing to the improved situation in the memory chip market and solid profitability for TVs and display panels

New Zealand retail industry short of competition: report

New Zealand retail industry short of competition: report

2021-07-29 08:59

The New Zealand Commerce Commission's draft report into competition in the retail grocery sector.

U.S. stocks end mixed after Fed keeps easy monetary policies

U.S. stocks end mixed after Fed keeps easy monetary policies

2021-07-29 05:02

U.S. stocks finished mixed on Wednesday as investors sifted through the Federal Reserve's latest statement.

Canadas inflation rate hits 3.1 pct in June

Canada's inflation rate hits 3.1 pct in June

2021-07-29 01:38

Canada's consumer price index (CPI) rose 3.1 percent on a year-over-year basis in June due to increased prices for shelter and transportation.

Malaysias June exports rose 27.2 pct with record high export to China

Malaysia's June exports rose 27.2 pct with record high export to China

2021-07-28 13:45

Malaysia's exports rose 27.2 percent to 105.47 billion ringgit (about 24.93 billion U.S. dollars) from a year earlier in June.

S.Koreas consumer sentiment worsens in July

S.Korea's consumer sentiment worsens in July

2021-07-28 11:19

Sentiment among South Korean consumers over the economic situation worsened this month amid the fourth wave of the COVID-19 outbreak.

IMF sees widening gaps in global recovery, highlights downside risks amid vaccine inequality

IMF sees widening gaps in global recovery, highlights downside risks amid vaccine ineq

2021-07-28 11:06

The International Monetary Fund (IMF) on Tuesday maintained its global economic growth forecast at 6 percent for 2021.

Australian researchers use AI system to ensure social distancing at airports

Australian researchers use AI system to ensure social distancing at airports

2021-07-28 09:32

Australian researchers have created an AI video surveillance system to detect social distancing.

U.S. Fed debate over taper expected to intensify amid inflation, Delta variant concerns

U.S. Fed debate over taper expected to intensify amid inflation, Delta variant concern

2021-07-28 06:38

The debate over when and how the U.S. Federal Reserve should begin tapering its asset purchases is expected to intensify this week.

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