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South Korea Stock Market May Turn Lower Again On Wednesday
The South Korea stock market on Tuesday halted the two-day slide in which it had fallen more than 15 points or 0.6 percent. The KOSPI now rests just beneath the 2,435-point plateau although it may hand back some of those gains on Wednesday.
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Australia Inflation Data Due On Wednesday
Australia will on Wednesday release February figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. The annual inflation rate is pegged at 7.1 percent, slowing from 7.4 percent in January.
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vor 884 Tagen
TSX Ends Marginally Up After Cautious Session
The Canadian market ended marginally up on Tuesday, lifted by gains in energy and materials sectors thanks to firm commodity prices.
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vor 884 Tagen
Dollar Extends Recent Losses
The U.S. dollar shed ground against most of its major counterparts on Tuesday, extending recent losses, as demand for the safe-haven currency dropped amid easing worries about a banking crisis.
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vor 884 Tagen
Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Tuesday after staying fairly steady right through the day's session.
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vor 884 Tagen
Major European Markets Fail To Hold Early Gains, Settle Flat
Despite opening on a firm note and holding in positive territory till noon, the major European markets ended roughly flat on Tuesday, as stocks pared gains and struggled to move higher again as investors awaited further updates on the banking sector front.
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Canadian Market Modestly Higher In Lackluster Trade
The Canadian market is modestly higher a little past noon on Tuesday, riding on strong gains in energy stocks. Several stocks from consumer staples and materials sectors are also notably higher.
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vor 884 Tagen
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Apple Rolls Out 'Apple Music Classical' Streaming App For Classical Music Lovers
Apple Inc. (AAPL) on Tuesday announced the launch of Apple Music Classical, a brand-new standalone music streaming app designed to deliver the listening experience for classical music lovers.
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vor 884 Tagen
U.S. Consumer Confidence Unexpectedly Improves In March
Reflecting an uptick in consumer expectations, the Conference Board released a report on Tuesday unexpectedly showing a slight improvement in U.S. consumer confidence in the month of March. The Conference Board said its consumer confidence index inched up to 104.2 in March from an upwardly revised 103.4 in February.
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Swiss Franc Weakens Against Majors
The Swiss franc dropped against its major counterparts during the European session on Tuesday.
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French Manufacturers' Sentiment Falls Slightly In March
Despite the ongoing pension reform strikes, French manufacturers' confidence weakened only slightly in March to mark the first fall in four months as their view about past and future production deteriorated, survey data from the statistical office Insee revealed Tuesday. The manufacturing confidence index dropped to 104 in March from 105 in the previous month.
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BoE On High Alert Since SVB Collapse, Says Bailey
Bank of England Governor Andrew Bailey said the UK central bank was on high alert since the failure of the U.S. technology sector focused lender Silicon Valley Bank in the past few weeks. "We are in a period of very heightened, frankly, tension and alertness," Bailey said at the Treasury Select Committee hearing on the Silicon Valley Bank collapse.
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vor 884 Tagen
Alibaba Group To Split Into Six Independently Managed Groups
Alibaba Group Holding Ltd. (BABA) announced Tuesday a new organizational and governance structure to empower all its businesses to become more agile, enhance decision making, enable faster responses to market changes, and promote innovation to capture opportunities in their respective markets and industries, thereby unlocking the value of Alibaba Group's various businesses.
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vor 884 Tagen
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