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Win Streak May Continue For Singapore Stock Market
The Singapore stock market has climbed higher in two straight sessions, collecting almost 15 points or 0.4 percent along the way. The Straits Times Index now sits just above the 3,900-point plateau and it may extend its gains on Thursday.
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vor 68 Tagen
Malaysia Stock Market May Add To Its Winnings
The Malaysia stock market on Wednesday ended the six-day losing streak in which it had slipped more than 30 points or 2.1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,510-point plateau and it's expected to open to the upside again on Thursday.
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vor 68 Tagen
South Korea GDP Shrinks 0.2% In Q1
South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said on Thursday.
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vor 68 Tagen
Japan Stock Market May Test Resistance At 38,000 Points
The Japan stock market on Wednesday halted the three-day losing streak in which it had tumbled almost 1,000 points or 2.8 percent. The Nikkei 225 now sits just beneath the 37,750-point plateau and it may extend its gains on Thursday.
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vor 68 Tagen
Mild Upside Seen For South Korea Stock Market
The South Korea stock market has finished higher in two straight sessions, collecting almost 75 points or 2.7 percent along the way. The KOSPI now rests just above the 2,770-point plateau and it may tick higher again on Thursday.
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vor 68 Tagen
Australia Trade Data On Tap For Thursday
Australia will on Thursday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In March, imports were down 2.2 percent on month and exports rose 7.6 percent for a trade surplus of A$6.90 billion.
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vor 68 Tagen
U.S. Dollar Falls Amid Weak Data, Trade Tensions
The U.S. dollar slipped against its major counterparts in the New York session on Wednesday, following the release of weaker than expected economic data, as well as rising trade tensions.
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vor 68 Tagen
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Swiss Market Ends Moderately Higher
After a somewhat sluggish start, Swiss stocks gained in strength Wednesday morning and stayed firm right till the end of the session to sign off on a positive note.
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vor 68 Tagen
European Stocks Close Higher On Optimism About U.S. - EU Trade Talks
European stocks closed higher on Wednesday amid slightly easing concerns about a trade war after EU trade chief said talks with the U.S. were advancing in the right direction.
Investors also digested regional economic data and some corporate earnings updates, and looked ahead to the European Central Bank's monetary policy announcement on Thursday.
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vor 68 Tagen
Canadian Market Down In Negative Territory After BoC Holds Interest Rate
After opening slightly up and advancing a bit, Canadian stocks retreated Wednesday morning, with investors digesting the Bank of Canada's rate decision, and assessing the prospects of trade negotiations with the U.S. in the wake of U.S. President Donald Trump doubling tariffs on steel and aluminum.
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vor 68 Tagen
U.S. Services Index Unexpectedly Indicates Slight Contraction In May
Service sector activity in the U.S. unexpectedly saw a slight contraction in the month of May, the Institute for Supply Management revealed in a report released on Wednesday. The ISM said its services PMI fell to 49.9 in May from 51.6 in April, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 52.0.
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vor 68 Tagen
Bank Of Canada Once Again Leaves Interest Rates Unchanged
The Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged for the second consecutive meeting. The Canadian central bank said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
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vor 68 Tagen
FSIS Announces Recalls Of 22K Pounds Of Beef, Pork Products For Various Reasons
The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced recalls of around 22 thousand pounds of select beef and pork products, citing various reasons including misbranding and undeclared allergens. Springville, Utah-based Springville Meat & Cold Storage Co., Inc. called back around 15,388 pounds of heat-treated shelf-stable ready-to-eat or RTE beef jerky/beef...
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vor 68 Tagen
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