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Additional Support Expected For Singapore Stock Market
The Singapore stock market on Tuesday ended the four-day slid in which it had slumped almost 50 points or 1.3 percent. The Straits Times Index now sits just above the 3,900-point plateau, and it's expected to open to the upside again on Wednesday.
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75 days ago
Japan Producer Prices Climb 3.3% On Year In May
Producer prices in Japan were up 3.3 percent on year in May, the Bank of Japan said on Tuesday.
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75 days ago
Rebound Anticipated For Malaysia Stock Market
The Malaysia stock market on Tuesday snapped the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,515-point plateau although it figures to bounce higher again on Wednesday.
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75 days ago
Japan Stock Market May Extend Tuesday's Gains
The Japan stock market on Tuesday wrote a finish to the three-day losing streak in which it had dropped more than 530 points or 1.4 percent. The Nikkei 225 now sits just above the 38,790-point plateau and it's expected to see additional support on Wednesday.
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75 days ago
South Korea Stock Market Tipped To Open To The Upside On Wednesday
The South Korea stock market bounced sharply higher again on Tuesday, one day after snapping the five-day winning streak in which it had rallied almost 130 points or 4.3 percent. The KOSPI now sits just above the 3,100-point plateau and it's expected to add to its winnings again on Wednesday.
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75 days ago
New Zealand Trade Data Due On Wednesday
New Zealand ill on Wednesday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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75 days ago
Canadian Dollar Falls Against Most Majors
The Canadian dollar weakened against its most major counterparts in the New York session on Tuesday.
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75 days ago
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Swiss Stock Market Halts Losing Streak
The Swiss stock market on Tuesday ended the seven-day losing streak in which it had stumbled more than 465 points or 4 percent.
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75 days ago
European Stock Markets Find Traction On Tuesday
The major European stocks closed on a firm note Tuesday after the office of Israeli Prime Minister Benjamin Netanyahu and Iranian state media outlet Press TV confirmed a ceasefire had begun.
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75 days ago
BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty
The Bank of England must have a prudent approach to reducing interest rates as the U.K. inflation may remain high for a longer time than expected rather than a short-term spike, and also due to risks on the global front including fluctuations in oil prices in the backdrop of the ongoing Middle East conflict, policymaker Megan Greene said on Tuesday.
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75 days ago
Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S
E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti
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75 days ago
Powell Indicates Federal Reserve Likely To Remain On Hold
Despite intense pressure from President Donald Trump to lower interest rates, Federal Reserve Chair Jerome Powell on Tuesday indicated the central bank is likely to remain on hold. "For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said.
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75 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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75 days ago
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