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Soft Start Anticipated For Taiwan Stock Market
The Taiwan stock market on Thursday ended the two-day winning streak in which it had spiked more than 700 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 19,850-point plateau and it's expected to open under pressure again on Friday.
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vor 507 Tagen
Singapore Shares May Take Further Damage On Friday
The Singapore stock market on Thursday ended the three-day winning streak in which it had jumped almost 120 points or 3.6 percent. The Straits Times Index now rests just above the 3,285-point plateau and it may see continued consolidation on Friday.
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vor 507 Tagen
Tokyo Inflation Climbs 1.8% On Year In April
Consumer prices in the Tokyo region of Japan were up 1.8 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday.
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vor 507 Tagen
Malaysia Stock Market May Extend Thursday's Losses
The Malaysia stock market on Thursday snapped the six-day winning streak in which it had climbed almost 40 points or 2.5 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,570-point plateau and the losses may accelerate on Friday.
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vor 507 Tagen
Continued Consolidation Called For South Korea Shares
The South Korea stock market has alternated between positive and negative finishes through the last six trading days since the end of the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just beneath the 2,630-point plateau and it may take further damage on Friday.
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vor 507 Tagen
Japan Rate Decision On Tap For Friday
The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate steady at 0.1 percent.
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vor 507 Tagen
TSX Recovers From Early Losses, Ends Session Marginally Up
After opening negative gap and plunging deeper into the red Thursday morning, the Canadian market recovered gradually and moved into positive territory around mid afternoon to eventually end the day's session marginally up, thanks to strong buying in materials stocks.
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vor 507 Tagen
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Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Thursday, in line with markets across Europe, with investors largely tracking earnings updates, and making cautious moves amid uncertainty about the outlook for Fed interest rates.
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vor 507 Tagen
European Stocks Close Lower As Investors React To Earnings, Economic Data
European stocks closed lower on Thursday with investors digesting a slew of earnings updates and economic data from Europe and the U.S. Data showing a spike in U.S. personal consumption expenditures price index raised concerns the Fed might hold interest rates higher for a longer period.
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vor 507 Tagen
U.S. Dollar Climbs As Jobless Claims Fall, PCE Inflation Rises
The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as GDP data showed a hot inflation reading for the first quarter and initial jobless claims fell to a two-month low last week, dashing hopes of a rate cut before September.
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vor 507 Tagen
U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index spiked by 3.4 percent to 78.2 in March after jumping by 1.6 percent to 75.6 in February. Economists had expected pending home sales to rise by just 0.3 percent.
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vor 507 Tagen
T-Mobile, EQT Form JV To Acquire Fiber-to-the-home Platform Lumos
T-Mobile (TMUS) and investment firm EQT announced Thursday they have entered into a joint venture (JV) with EQT's Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III.
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vor 507 Tagen
U.S. Pending Home Sales Surge Much More Than Expected In March
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday.
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vor 507 Tagen
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