© Reuters. Investing.com – The pound was lower on Friday as Brexit continued to put pressure on the economy. U.K. retail sales fell for the first time since March, as consumer spending slowdowns as Brexit nears. decreased 0.34% to 1.2938 as of 4:48 AM ET (9:48 GMT) while rose 0.40% to 0.8805. Prime Minister Theresa
Sales
© Reuters. Investing.com – The climbed on Friday in Asia after data showed the country’s for November came in better than expected. Sales rose 0.4% month-on-month, up from 0.3% growth in October and above analysts’ estimates of a 0.3% gain. Meanwhile, the U.S. dollar slipped after Federal Reserve Chairman Jerome Powell reiterated that the central
KUALA LUMPUR: New car model launches and year-end promotional campaigns may lead to higher sales volume for December, says Affin Hwang Capital research. The research house raised its 2018 total industry volume (TIV) forecast to 600,000 units from 594,000 units previously due to the higher sales expectations. It maintained overweight on the sector, expecting sector
KUALA LUMPUR: Top Glove Corp Bhd reported its best ever quarterly revenue, but earnings growth was muted due to the high cost of buying surgical glove Aspion Sdn Bhd and aggressive factory expansion. Net profit in the first quarter ended Nov 30 rose 4% to RM110mil, as sales soared to RM1.26bil. Total volume sold increased
SINGAPORE: Private home sales in Singapore more than doubled in November from October as developers marketed more projects. Home builders in the city-state sold 1,198 units last month versus 487 apartments in October, the Urban Redevelopment Authority said Monday. Key Insights Home sales rose to the highest since July. One of the main reasons for the
© Reuters. Investing.com – The U.S. dollar was on track for weekly gain against its rivals Friday, as strong retail sales data affirmed the U.S. economy remains on a solid footing. The , which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.43% to 97.78. The Commerce Department said on
© Reuters. Investing.com – The U.S. dollar was higher on Friday after better-than-expected retail sales and amid expectations that the Federal Reserve will raise rates next week. The , which measures the greenback’s strength against a basket of six major currencies, rose 0.56% to 97.60 as of 10:02 AM ET (15:02 GMT). accelerated in November,