The world's third-largest economy is expected to grow in the current quarter at a slower pace after the government extended COVID-19 emergency measures.
BEIJING: China's factory activity growth slowed slightly in May as raw materials costs grew at their fastest pace in over a decade, weighing on the ou.
by Tyler Durden
Wednesday, May 26, 2021 - 07:52 AM
US equity futures rose on Wednesday, rebounding from a modest dip the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session. At 7:15 a.m. ET, Dow e-minis were up 82 points, or 0.24%, S&P 500 e-minis were up 14 points, or 0.33%, and Nasdaq 100 e-minis were up 51.25 points, or 0.38%. Treasuries and the dollar were roughly flat, recovering from an earlier drop. BItcoin soared back over $40,000, rising as much as 8.6%, before paring gains.
Among the notable premarket moves were retail trader favorites GameStop and AMC which surged in U.S. premarket trading, adding to Tuesday’s rally as investors touted the stocks on social media platforms including Twitter, Stocktwits and trader WallStreetBets. The gains will add to losses for short-sellers of the stocks who have already seen $6
Asia PacificJapanâs exports jump most in decade as trade recovery perks up
Tetsushi KajimotoDaniel Leussink
3 minute read
A laborer works in a container area at a port in Tokyo, Japan July 19, 2017. Picture taken July 19, 2017. REUTERS/Toru Hanai
Japanâs exports grew the most since 2010 in April while capital spending perked up on surging global demand for cars and electronics, lifting hopes that an improvement in trade could help lead the worldâs third-largest economy back to growth.
Also brightening the outlook, confidence among the nation s manufacturers hit a more than two-year high in May on the back of solid overseas orders, a Reuters survey showed on Thursday. read more
Japan s exports jump most since 2010 as trade recovery perks up Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Cars for export await shipment at Kawasaki port. Exports rose 38% in April from a year earlier, official data showed on Thursday, compared with a 30.9% increase expected by economists and following a 16.1% rise in March. | KYODO
Reuters May 20, 2021
Japan’s exports grew the most since 2010 in April while capital spending rose on surging global demand for cars and electronics, lifting hopes that an improvement in trade could help lead the world’s third-largest economy back to growth.