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Malaysia Stock Market May Head South Again On Wednesday

The Malaysia stock market on Tuesday snapped the two-day slide in which it had eased not quite 3 points. The Kuala Lumpur Composite Index now rests just beneath the 1,460-point plateau although it's likely to see renewed selling pressure on Wednesday.
RTTNews | Před 807 dny
South Korea Stock Market Due For Profit Taking

South Korea Stock Market Due For Profit Taking

The South Korea stock market has moved higher in five straight sessions, gathering more than 60 points or 2.5 percent along the way. The KOSPI now rests just above the 2,460-point plateau although investors figure to cash in on Wednesday.
RTTNews | Před 807 dny
Japan Data Due On Wednesday

Japan Data Due On Wednesday

Japan is scheduled to release January figures for current account, highlighting a light day for Asia-Pacific economic activity. The current account deficit is pegged at 818 million yen following the 33 million yen surplus in December.
RTTNews | Před 807 dny
Swiss Market Ends Weak Again

Swiss Market Ends Weak Again

After a weak start and a subsequent recovery Tuesday morning, the Switzerland stock market retreated and stayed weak to eventually end the session notably lower.
RTTNews | Před 807 dny
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U.S. Wholesale Inventories Decrease In Line With Estimates In January

U.S. Wholesale Inventories Decrease In Line With Estimates In January

A report released by the Commerce Department on Tuesday showed wholesale inventories in the U.S. decreased in line with economist estimates in the month of January. The Commerce Department said wholesale inventories fell by 0.4 percent in January after inching up by 0.1 percent in December. The drop matched expectations as well as the preliminary estimate.
RTTNews | Před 808 dny
Powell Says Rates Likely Headed Higher Than Previously Anticipated

Powell Says Rates Likely Headed Higher Than Previously Anticipated

Federal Reserve Chair Jerome Powell delivered his highly anticipated semiannual monetary policy testimony before the Senate Banking Committee on Tuesday. Citing stubbornly elevated inflation and stronger than expected economic data, Powell told lawmakers the "ultimate level of interest rates is likely to be higher than previously anticipated."
RTTNews | Před 808 dny
Nielsen Holdings Appoints Warren Jenson As New CFO

Nielsen Holdings Appoints Warren Jenson As New CFO

Nielsen Holdings plc (NLSN), an audience measurement, data and analytics company, announced Tuesday the appointment of Warren Jenson as Chief Financial Officer (CFO), effective April 15, 2023.
RTTNews | Před 808 dny
German Factory Orders Unexpectedly Strengthen

German Factory Orders Unexpectedly Strengthen

Germany's factory orders unexpectedly expanded in January on strong foreign demand for aircraft and spacecraft construction and automobile engines, figures from Destatis revealed on Tuesday. Factory orders grew 1.0 percent in January from December, confounding expectations for a decline of 0.9 percent. Nonetheless, the pace of growth eased from December's revised 3.4 percent expansion.
RTTNews | Před 808 dny
HanesBrands Inks Multi Year Apparel Agreement With UCLA

HanesBrands Inks Multi Year Apparel Agreement With UCLA

HanesBrands (HBI), the world's largest supplier of collegiate fan apparel, and the University of California, Los Angeles or UCLA, announced Tuesday a multi-year apparel agreement that gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend Bruins fanwear in the mass retail channel.
RTTNews | Před 808 dny

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