International News
US open: Stocks higher following data onslaught
Wall Street stocks were firmly higher early on Thursday as investors digested a slew of data points.
Philly Fed factory index drops unexpectedly in August
Factory activity in the US mid-Atlantic region shrank unexpectedly in August, the results of a closely followed survey showed.
Rebound in Autos and parts sees US July retail sales surge
Retail sales jumped last month, driven by a rebound in auto purchases.
Weekly US jobless claims dip again
Unemployment claims in the US dipped unexpectedly during the previous week.
UBS to liquidate Credit Suisse real estate fund
UBS said on Thursday that it will liquidate a real estate fund inherited when it took over Credit Suisse which is valued at more than $2bn.
Carrier Global to sell commercial and fire business for $3bn
Carrier Global said on Thursday that it has agreed to sell its commercial and residential fire business to an affiliate of private equity firm Lone Star Funds for $3bn.
US pre-open: Futures higher as investors brace for data onslaught
Wall Street futures were in the green ahead of the bell on Thursday as investors braced for a slew of data points.
Asia report: Markets rise as US consumer inflation slows
Asia-Pacific markets generally rose on Thursday, driven by stronger-than-expected GDP growth in Japan, though China's economic indicators presented a mixed picture.
China retail sales rise but industrial production misses estimates
Retail sales in China rose more than expected last month but industrial production was below forecasts, official data showed on Thursday.