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Singapore GDP Slips 0.4% In Q1
Singapore's gross domestic product dropped a seasonally adjusted 0.4 percent on quarter in the first three months of 2023, the Ministry of Trade and Industry said on Thursday.
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vor 822 Tagen
Singapore Stock Market May Extend Wednesday's Losses
The Singapore stock market on Wednesday wrote a finish to the four-day winning streak in which it had collected more than 45 points or 1.5 percent. The Straits Times Index now sits just beneath the 3,215-point plateau and it may spin its wheels again on Thursday.
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vor 822 Tagen
Losing Streak May Continue For Malaysia Stock Market
The Malaysia stock market has finished lower in three straight sessions, sinking almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,410-point plateau and it may take further damage again on Thursday.
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vor 822 Tagen
Continued Consolidation Called For KOSPI
The South Korea stock market gave up less than a single point on Wednesday, but that was enough to end the seven-day winning streak in which it had spiked more than 90 points or 3.6 percent. The KOSPI now rests just above the 2,565-point plateau and the losses may accelerate on Thursday.
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vor 822 Tagen
South Korea Rate Decision On Tap For Thursday
The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 3.50 percent.
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vor 822 Tagen
TSX Ends Notably Lower Again
The Canadian market ended on a weak note on Wednesday, losing more than 1% for a second straight day, as worries about growth, and concerns about U.S. lawmakers' ability to reach an agreement on increasing the U.S. debt ceiling continued to weigh.
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vor 822 Tagen
South Korea Producer Prices Dip 0.1% In April
Producer prices in South Korea were down 0.1 percent on month in April, the Bank of Korea said on Thursday.
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vor 822 Tagen
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Dollar Remains Firm Against Major Counterparts
The U.S. dollar stayed firm against its major counterparts on Wednesday despite the minutes from the Federal Reserve's latest policy meeting signaling inclination for less hawkish stance.
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vor 822 Tagen
Fed Minutes Point To Uncertainty About Interest Rate Outlook
The Federal Reserve released the minutes of its May monetary policy meeting on Wednesday, indicating uncertainty about the outlook for interest rates.
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vor 823 Tagen
Swiss Market Ends Lower For 3rd Straight Day
The Switzerland stock market ended notably lower on Wednesday, in line with markets across Europe, as worries about economic slowdown, and a lack of progress in U.S. debt ceiling deal talks rendered the mood bearish.
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vor 823 Tagen
European Stocks Tumble As Lack Of Progress In U.S. Debt Ceiling Talks Weigh
European stocks ended sharply lower on Wednesday amid rising concerns about a lack of progress in U.S. debt deal talks.
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vor 823 Tagen
Canadian Market Down Firmly In Negative Territory
The Canadian market is down firmly in negative territory a little past noon on Wednesday with stocks from across several sectors declining sharply on sustained selling pressure.
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vor 823 Tagen
Iceland Central Bank Raises Key Interest Rate To 8.75%
Iceland's central bank raised its key interest rate sharply at its May meeting on Wednesday to contain the risk of a wage-price spiral in the face of strong demand pressures, and the policy board hinted that further rate hikes would bring inflation back to the target range and thereby ensure a better balanced economy.
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vor 823 Tagen
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