... * China July factory activity hits 18-month high. * New orders and output surge. * Adds to signs of pick up in the economy after stimulus measures.
The S&P 500 has closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks. The S&P 500 added 3.48 points (0.18 per cent) at 1,987.01, breaching a record set three weeks ago by about three points.
A vendor prepares food at a stall in Seoul. The South Korean economy is weighed by sluggish consumer spending. Agence France-Presse/Getty Images.
The American Apparel factory headquarters is pictured in Los Angeles, California July 7, 2014. Investment firm Standard General LP said Monday it gained voting control of ousted American Apparel Inc Chief Executive Officer Dov Charney's shares in the firm ...
New Zealand on Thursday raised its benchmark interest rate to 3.5 percent but signaled a pause in its program of rate hikes. The announcement prompted a sharp drop in the New Zealand dollar, which was trading down nearly 1 percent at $0.8625.