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Malaysia Shares Due For Profit Taking

The Malaysia stock market has moved higher in back-to-back sessions, advancing more than 20 points or 1.3 percent along the way. Ther Kuala Lumpur Composite Index now sits just above the 1,555-point plateau although investors may lock in gains on Wednesday.
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South Korea Bourse Expected To Open Under Pressure

South Korea Bourse Expected To Open Under Pressure

The South Korea stock market on Tuesday ended the two-day winning streak in which it had advanced almost 70 points or 2.7 percent. The KOSPI now rests just shy of the 2,660-point plateau and it may take further damage on Wednesday.
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Australia Wage Price Data Due On Wednesday

Australia Wage Price Data Due On Wednesday

Australia will on Wednesday release Q4 figures for wage prices, highlighting a modest day for Asia-Pacific economic activity. Wages prices are expected to rise 0.9 percent on quarter and 4.1 percent on year after gaining 1.3 percent on quarter and 4.0 percent on year in the three months prior.
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U.S. Leading Economic Index Falls Slightly More Than Expected In January

U.S. Leading Economic Index Falls Slightly More Than Expected In January

The Conference Board released a report on Tuesday showing its reading on leading U.S. economic indicators fell by slightly more than expected in the month of January. The report said the Conference Board's leading economic index fell by 0.4 percent in January after dipping by a revised 0.2 percent in December. Economists had expected the index to decrease by 0.3 percent.
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Canadian Dollar Falls As Inflation Slows

Canadian Dollar Falls As Inflation Slows

The Canadian dollar dropped against its major counterparts in the European session on Tuesday, as the nation's annual inflation slowed more than expected in January.
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AbbVie Appoints President And COO Robert Michael To Addl. Role Of CEO

AbbVie Appoints President And COO Robert Michael To Addl. Role Of CEO

AbbVie, Inc. (ABBV) announced Tuesday that its board of directors has unanimously selected Robert Michael, AbbVie's current president and chief operating officer, to succeed Richard Gonzalez as the company's chief executive officer.
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Walmart Q4 Results Top Estimates; Provides Rosy Outlook

Walmart Q4 Results Top Estimates; Provides Rosy Outlook

Retail giant Walmart reported Tuesday a profit for the fourth quarter that declined 12.4 percent from last year, reflecting sharply lower other gains, despite strong revenue growth amid strength in Walmart International operations. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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Microsoft To Invest $2.1 Bln In Spain To Expand AI Infrastructure

Microsoft To Invest $2.1 Bln In Spain To Expand AI Infrastructure

Tech major Microsoft Corp. announced its plans to expand its artificial intelligence or AI and cloud infrastructure in Spain with an investment of $2.1 billion in the next two years. Microsoft's vice chair and president Brad Smith made the announcement after meeting with the Prime Minister of Spain, Pedro Sanchez.
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Euro Advances As Eurozone Wage Growth Slows

Euro Advances As Eurozone Wage Growth Slows

The euro climbed against its major counterparts in the European session on Tuesday, after a data showed that Eurozone negotiated wage growth eased in the final three months of last year.
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FTSE 100 Rises Amidst Dovish Comments From BoE Officials

FTSE 100 Rises Amidst Dovish Comments From BoE Officials

Dovish comments from Governor Andrew Bailey and other officials of the Bank of England helped the FTSE 100 benchmark of the London Stock Exchange record an uptick in Tuesday's trade.
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