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Taiwan Stock Market Tipped To Reverse Thursday's Losses
The Taiwan stock market turned lower again on Thursday, one day after snapping the two-day slide in which it had slumped more than 110 points or 0.7 percent. The Taiwan Stock Exchange now sits just beneath the 17,280-point plateau although it's expected to open in the green on Friday.
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Japan Overall Bank Lending Climbs 2.8% On Year In November
The value of overall bank lending in Japan up 2.8 percent on year in November, the Bank of Japan said on Friday, coming in at 609.202 trillion yen.
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Japan GDP Slips 0.7% On Quarter In Q3
Japan's gross domestic product contracted a seasonally adjusted 0.7 percent on quarter in the third quarter of 2023, the Cabinet Office said on Friday.
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Japan Has Y2.583 Trillion Current Account Surplus
Japan posted a current account surplus of 2.583 trillion yen in October, the Ministry of Finance said on Friday - down from 2.724 trillion in September.
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Singapore Shares Poised To Bounce Higher Again On Friday
The Singapore stock market headed south again on Thursday, one day after ending the two-day slide in which it had dropped more than 25 points or 0.8 percent. The Straits Times Index now sits just beneath the 3,075-point plateau although it's expected to rebound again on Friday.
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Japan Household Spending Falls 2.5% On Year In October
The average of household spending in Japan was down 2.5 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday - coming in at 301,974 yen.
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Malaysia Stock Market May End Losing Streak
The Malaysia stock market has moved lower in four straight sessions, slipping almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,440-point plateau although it may stop the bleeding on Friday.
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South Korea Has $6.80 Billion Current Account Surplus
South Korea posted a current account surplus of $6.80 billion in October, the Bank of Korea said on Friday - up from $5.42 billion in September.
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KOSPI May Reclaim 2,500-Point Level On Friday
The South Korea stock market has alternated between positive and negative finishes through the last eight trading days since the end of the two-day losing streak in which it had slipped almost 20 points or 0.8 percent. The KOSPI now sits just above the 2,490-point plateau and it's likely to bounce higher again on Friday.
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Japan GDP Data On Tap For Friday
Japan will on Friday release Q3 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to slip 0.5 percent on quarter and 2.1 percent on year after rising 1.2 percent on quarter and 4.8 percent on year in Q2.
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U.S. Dollar Gives Back Ground Ahead Of Monthly Jobs Report
The U.S. dollar has moved to the downside during trading on Thursday, giving back ground after trending higher over the past few sessions.
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Swiss Market Ends Modestly Lower
The Switzerland stock market ended modestly lower on Thursday after languishing in negative territory right through the day's session.
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European Stocks Close Slightly Lower
European stocks closed lower on Thursday with investors taking some profits after recent uptick. In addition to digesting the latest batch of economic data from the region and the U.S., traders also looked ahead to U.S. non-farm payroll data due on Friday.
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