Page 48 - Services Index News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Yen weakened momentarily after BoJ left monetary policy unchanged as widely expected, but swiftly regained stability. This quick recovery underscores the market's assessment that the conditions for a BoJ rate hike in April remain intact. This viewpoint is bolstered by unchanged CPI core-core forecast, which holds steady at 1.9% for the upcoming two fiscal years. However, BoJ refrained from offering any immediate signals for such a policy shift. The decision on whether to raise interest rates will depend heavily on the outcomes of the Spring wages negotiations, especially in terms of the b...

New Zealand BusinessNZ Performance of Services Index fell from 51.1 to 48.8 in December, back into contraction territory. This downturn also brings the index below long-term average of 53.4. The increase in negative sentiment is evident, with the proportion of negative comments rising from 54.0% to 58.7%. The primary concerns expressed by businesses revolve around seasonal factors, increasing costs of living, and an overall economic slowdown.

KUALA LUMPUR, Jan 23 ― Bursa Malaysia extended its upward momentum to open marginally higher today, lifted by positive market sentiments following the upbeat overnight Wall...

KUALA LUMPUR, Jan 23 ― Bursa Malaysia maintained its uptrend at mid-afternoon, buoyed by continuous buying support in the heavyweights counters, especially banking-related...

The New Zealand dollar (NZD) kicks off the week at 0.6116, showing minimal change. However, last week saw a 2% dip, pushing the NZD to a five-week low. Economic challenges persist in New Zealand, with the Performance of Services Index (PSI) revealing three contractions in the second half of 2023. November's PSI improved marginally to 51.2 from October's 49.2, indicating sluggish growth. Investors await Tuesday's report for December, seeking insights into the NZD's