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RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its July 5 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the central bank hiked its benchmark lending rate by 50 basis points, from 0.85 percent to 1.35 percent, citing the resilience of the economy and higher inflation. The bank also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.25 percent.
Hong Kong will provide June figures for unemployment; in May, the jobless rate was 5.1 percent.
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Indonesia Bourse Due For Consolidation On Friday
The Indonesia stock market has tracked higher in five straight sessions, improving more than 440 points or 5.8 percent along the way. The Jakarta Composite Index now sits just above the 7,930-point plateau although investors figure to lock in gains on Friday.
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vor 19 Minuten
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Friday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level, with gains across most sectors led by energy and technology stocks.
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vor 28 Minuten
Hong Kong Shares Tipped To Open In The Red
The Hong Kong stock market on Thursday ended the three-day winning streak in which it had climbed more than 750 points or 3 percent. The Hang Seng Index now rests just beneath the 25,520-point plateau and it may see continued consolidation on Friday.
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vor 34 Minuten
China Shares Likely Rangebound Again On Friday
The China stock market on Thursday ended the three-day winning streak in which it had gained almost 50 points or 1.4 percent. The Shanghai Composite Index now sits just beneath the 3,670-point plateau and it may take further damage on Friday.
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vor 49 Minuten
Soft Start Seen For Taiwan Stock Market
The Taiwan stock market on Thursday wrote a finish to the five-day winning streak in which it had rallied more than 910 points or 3.9 percent. The Taiwan Stock Exchange now sits just beneath the 24,240-point plateau and it may spin its wheels again on Friday.
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vor 1Std 19 Minuten
Japan GDP Climbs 0.3% In Q2
Japan's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the second quarter of 2025, the Cabinet Office said in Friday's preliminary report.
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vor 1Std 41 Minuten
Little Movement Seen For Singapore Stock Market
The Singapore stock market headed south again on Thursday, one day after halting the three-day slide in which it had fallen almost 40 points or 0.9 percent. The Straits Times Index now sits just above the 4,255-point plateau and it's likely to remain in that neighborhood again on Friday.
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vor 1Std 49 Minuten
Malaysia Bourse May Extend Thursday's Losses
The Malaysia stock market on Thursday halted the seven-day wining streak in which it had gained almost 60 points or 4 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may inch lower again on Friday.
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vor 2Std 19 Minuten
