Page 18 - Markit Services News Today

ASIA: Britain's broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel

Britain’s broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel

The ringgit opened marginally higher against the US dollar today, supported by higher oil prices, with benchmark Brent crude nearing US$60 (RM242.88) per barrel, said an analyst. The local currency improved to 4.0470/0510 against the greenback from yesterday’s close at 4.0490/0530.

Indias services sector PMI reaches 52.8 in January on consumer optimism ECILT/IN Nikkei/IHS Markit Services Purchasing Managers Index rose to 52.8 in January from 52.3 in December, staying above the 50-level mark separating growth from contraction for the fourth straight month Reuters | February 3, 2021 | Updated 11:09 IST Despite facing a continued rise in cost pressures, albeit at a slower pace, firms reduced prices charged for the second consecutive month in an effort to boost sales Growth ...

Growth in Indias dominant services sector picked up in January as demand improved and consumer optimism was buoyed by the start of a huge Covid-19 vaccination drive, although firms continued to shed jobs, a private survey showed on Wednesday. That improved sentiment was in line with findings of a Reuters poll last month that predicted Asias third-largest economy would recover from the coronavirus crisis more strongly than previously thought, lifted by the governments "wealth and wellness" bud...

Shock & Awe Markets, Bank Stocks, Apples Debt Move, Trading Amazon, ServiceNow Right off the top, the bubble has burst for the short squeeze names such as GameStop and AMC Entertainment. Feb 03, 2021 | 07:28 AM EST Retired General Tommy Franks never cared for the term "shock and awe", and really did not see his tactics in the way they were described by the mainstream media back in 2003, as U.S. forces invaded Iraq. The U.S. made use of overwhelming air superiority backed by the rapid us...

Gold stumbles on strong US data, BTPs, bitcoin rises on Visa news February 3, 2021SharePrint Silver is bouncing back now that the retail disruption is behind us. The Reddit frenzy led to silver going on a roller-coaster earlier in the week. Silver will thrive this year as expectations are high for the Biden administration to drive green capex with solar panels getting support via presidential executive orders. Gold under pressure after solid US numbers Gold is struggling as demand for safe-have...

January 2021 ISM and Markit Services Surveys Improved Analyst Opinion of the ISM and Markit Services Survey I have a hard time believing services are in expansion with many restaurants, bars, and gyms running nowhere near full potential - and parts of the country have returned to lockdown. From Econoday: Output and new order growth regain momentum Fastest increase in cost burdens on record Slowest rise in employment since July 2020 January PMITM data signalled a sharper expansion in business ac...

Indias Services Industry Improved in January; Job Cuts Continued However, the report noted that the main area of concern is the extent to which costs are rising across the services economy, with the rate of inflation remaining above trend. Representative image. Job seekers fill up forms as others line up for registration during a job fair in Chinchwad, India February 7, 2019. Photo: Reuters/Danish Siddiqui/File Photo Economy03/Feb/2021 Bengaluru: Growth in India‘s dominant services sector ...

Message : Required fields BENGALURU (Reuters) - Indian shares ended at record closing highs on Wednesday, extending a post-budget rally on gains in financial stocks after a survey showed that the countrys dominant services sector picked up in January. The NSE Nifty 50 index rose 0.97% to 14,789.95, while the benchmark S&P BSE Sensex was up 0.92% at 50,255.75. Both the indexes touched record intra-day highs earlier in the session after rising as much as 1.5% and 1.46% respectively. The Nikke...