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Singapore Non-Oil Domestic Exports Jump 3.2% In May
Non-oil domestic exports in Singapore were up 3.2 percent on month in May, Enterprise Singapore said on Friday.
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Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market on Thursday halted the two-day winning streak in which it had collected more than 240 points or 1.1 percent. The Hang Seng Index now rests just beneath the 20,850-point plateau and it may take further damage again on Friday.
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China Stock Market Tipped To Extend Thursday's Losses
The China stock market on Thursday halted the two-day winning streak in which it had advanced almost 50 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,285-point plateau and the losses may accelerate on Friday.
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No Help Yet For Taiwan Stock Market
The Taiwan stock market has finished lower in six straight sessions, slumping more than 825 points or 5.2 percent along the way. The Taiwan stock Exchange now rests just beneath the 15,840-point plateau and it's looking at another soft start for Friday's trade.
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Singapore Stock Market Expected To Extend Losing Streak
The Singapore stock market has finished lower in seven straight sessions, sinking more than 135 points or 4.4 percent along the way. The Straits Times Index now rests just beneath the 3,100-point plateau and it's predicted to open in the red again on Friday.
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Renewed Consolidation Anticipated For Malaysia Stock Market
The Malaysia stock market has finished higher in two of three trading days since the end of the eight-day losing streak in which it had lost more than 100 points or 6.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,470-point plateau although it figures to head south again on Friday.
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South Korea Bourse Tipped To Hand Back Thursday's Gains
The South Korea stock market on Thursday ended the seven-day losing streak in which it had plummeted more than 220 points or 8.4 percent to a 19-month closing low. The KOSPI now rests just above the 2,450-point plateau although it figures to turn emphatically lower again on Friday.
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more news
New Zealand Manufacturing Sector Accelerates In May - BusinessNZ
The manufacturing sector in New Zealand continued to expand in May, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 52.9.
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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 light 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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TSX Posts Biggest Single-session Drop In Over 2 Years
The Canadian market suffered its worst single-session loss in more than two years on Thursday as stocks tumbled amid mounting fears of a possible recession in the foreseeable future due to aggressive policy tightening by central banks.
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U.S. Dollar Sheds Ground Against Major Rivals
The U.S. dollar drifted lower against most of its major counterparts on Thursday as traders digested the Federal Reserve's decision to hike interest rates by 75 basis points.
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Canadian Market Deep Down In Negative Territory On Widespread Selling
Canadian stocks are languishing deep down in negative territory Thursday afternoon with investors pressing sales almost across the board amid rising fears about a possible recession due to policy tightening by global central banks.
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Swiss Market Ends Sharply Lower After SNB's Unexpected Interest Rate Hike
The Switzerland stock market ended sharply lower on Thursday, in line with markets across Europe, as rate hike announcement by central banks triggered recession fears and rendered the mood extremely bearish.
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