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KOSPI May Hand Back Tuesday's Gains
The South Korea stock market bounced higher again on Tuesday, one session after snapping the four-day winning streak in which it had advanced almost 65 points or 2.7 percent. The KOSPI now rests just above the 2,480-point plateau although it may open under renewed consolidation on Wednesday.
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vor 857 Tagen
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is expected to hike its Official Cash Rate by 25 basis points, from 4.75 percent to 5.00 percent.
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vor 857 Tagen
Canadian Market Retreats After Firm Start, Ends Flat
After seven successive days of gains, the Canadian market turned a bit weak on Tuesday, but still managed a good recovery to eventually end the day's session with just a marginal loss.
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vor 857 Tagen
Dollar Drifts Lower Against Major Counterparts As Weak Data Weigh
The U.S. dollar drifted lower against most of its major counterparts on Tuesday, extending recent losses, as weak economic data raised speculation the Fed will soon stop its tightening cycle.
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vor 857 Tagen
Swiss Market Ends Lower Again
Despite spending much of the day's session in positive territory, the Switzerland market ended marginally down on Tuesday as a few frontline stocks drifted lower on selling pressure in the closing minutes.
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vor 857 Tagen
European Stocks Close Slightly Weak After Cautious Session
European stocks ended on a slightly weak note on Tuesday, snapping a pretty good winning streak, as investors looked for fresh direction and made largely cautious moves.
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vor 857 Tagen
Canadian Market Modestly Down As Stocks Drift Lower On Profit Taking
The Canadian market is down in negative territory around noon on Tuesday, weighed down by losses in energy, healthcare and financials shares.
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vor 857 Tagen
more news
U.S. Factory Orders Decrease More Than Expected In February
A report released by the Commerce Department on Tuesday showed new orders for U.S. manufactured goods fell by more than expected in the month of February. The Commerce Department said factory orders slid by 0.7 percent in February after plunging by a revised 2.1 percent in January.
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vor 857 Tagen
Baxter Int'l Announces US Launch Of ZOSYN Premix
Medtech firm Baxter International Inc. (BAX) announced Tuesday the U.S. launch of ZOSYN (piperacillin and tazobactam) Injection. Zosyn premix is indicated for the treatment of multiple infections caused by susceptible bacteria and is available in Baxter's proprietary single-dose Galaxy containers.
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vor 857 Tagen
Bay Street Looks Headed For Another Positive Start
Canadian shares look set to open on a positive note on Tuesday, tracking higher crude oil prices and steady global markets despite rising concerns about inflation.
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vor 858 Tagen
German Export Growth Tops Expectations
Germany's exports grew more than expected in February reflecting strong demand from the US and China, official data revealed Tuesday. Exports increased 4.0 percent from January, when shipments were up 2.5 percent, Destatis reported. This was the second consecutive rise. Growth was also better than the expected 1.6 percent gain.
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vor 858 Tagen
Lindsay Q2 EPS Tops Estimates, But Revenues Miss
Lindsay Corp. (LNN) reported on Tuesday that net earnings for the second quarter increased to $18.05 million or $1.63 per share from $14.57 million or $1.32 per share in the prior-year quarter.
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vor 858 Tagen
Acuity Brands Q2 Profit Tops Estimates, While Top Line Misses View
Acuity Brands, Inc., an industrial technology company, announced Tuesday higher profit and net sales in its second quarter with growth in both business segments. Adjusted earnings topped market estimates, while top line missed view. Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands, said, "We delivered solid performance again in the second quarter of 2023...."
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vor 858 Tagen
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