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Soft Start Predicted For South Korea Shares
The South Korea stock market has moved lower in back-to-back trading days, surrendering more than 45 points or 2 percent along the way. The KOSPI now rests just above the 2,190-point plateau and it may take further damage again on Wednesday.
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Před 1039 dny
South Korea Rate Decision On Tap For Wednesday
The Bank of Korea will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The central bank is widely expected to hike its benchmark lending rate by 50 basis points, from 2.50 percent to 3.00 percent.
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Před 1039 dny
TSX Sheds Nearly 2% As Stocks Continue To Fall On Recession Fears
The Canadian market ended notably lower on Tuesday, led by losses in healthcare, energy, technology and financials sectors.
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Před 1039 dny
U.S. Stocks Close Broadly Lower; Dow Ekes Out Marginal Gain
U.S. stocks recovered gradually after a weak start Tuesday morning, and after emerging into positive territory, faltered again as the day progressed amid rising worries about interest rates and economic slowdown.
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Před 1039 dny
Dow Rises 300 Pts As Stocks Rebound On Bargain Hunting
U.S. stocks surged higher Tuesday afternoon, recovering well after a weak start, with shares from the technology sector regaining ground after Treasury yields dropped a bit.
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Před 1039 dny
Swiss Market Ends Lower Again
The Switzerland stock market ended on a weak note on Tuesday, extending recent losses, as inflation and growth worries, and looming rate hikes continued to hurt sentiment
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Před 1039 dny
IMF Warns 'Worst Is Yet To Come'
The International Monetary Fund lowered the global growth projection for next year and warned that the world economy is set to witness more pain next year. The global lender cut the growth projection for next year to 2.7 percent from 3.3 percent, while it retained the outlook for this year at 3.2 percent after a 6.0 percent expansion in 2021.
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Před 1039 dny
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European Stocks Slide On Growth Worries, End Lower For 5th Straight Day
European stocks closed lower on Tuesday, posting losses for a fifth straight session, as worries about surging inflation, rising interest rates and slowing growth continued to weigh on sentiment.
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Před 1039 dny
Canadian Stocks Down Firmly In Negative Territory
The Canadian market is down sharply in negative territory a little before noon on Tuesday, as stocks from across several sectors are reeling under sustained selling pressure.
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Před 1039 dny
Illumina In Research Collaboration With AstraZeneca To Accelerate AI-based Drug Target Discovery
Illumina, Inc. (ILMN) announced Tuesday a strategic research collaboration with British drug major AstraZeneca plc (AZN.L, AZN) to accelerate drug target discovery by combining their strengths in artificial intelligence (AI) based genome interpretation and genomic analysis techniques along with industry expertise.
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Před 1039 dny
Walgreens Boots Alliance Agrees To Acquire Remaining 45% Stake In CareCentrix For About $392 Mln
Walgreens Boots Alliance, Inc. (WBA) announced Tuesday the acceleration of its plans to acquire full ownership of CareCentrix (CCX Next, LLC), expanding its reach into the growing homecare sector and advancing its healthcare long-term growth strategy.
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Před 1039 dny
Swiss Franc Appreciates On Recession Worries
The Swiss franc climbed against its major rivals in the European session on Tuesday amid risk aversion, as investors fear that aggressive monetary policy tightening by central banks may fuel a global recession.
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Před 1039 dny
Bank Of England Steps Up Measures To Calm Financial Market
The Bank of England has stepped up measures to calm the bond markets again and the bank repeatedly cautioned about a material risk to the financial stability. In a statement released Tuesday, the BoE said it will widen the scope of daily gilt purchase operations to mitigate the dysfunction in the market. The bank decided to include the index-linked gilts to its daily bond purchases.
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Před 1039 dny
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