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Berita Valas
Losing Streak May Continue For Malaysia Stock Market
The Malaysia stock market has finished lower in three straight sessions, sinking almost 20 points or 1.2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,410-point plateau and it may take further damage again on Thursday.
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790 days ago
Continued Consolidation Called For KOSPI
The South Korea stock market gave up less than a single point on Wednesday, but that was enough to end the seven-day winning streak in which it had spiked more than 90 points or 3.6 percent. The KOSPI now rests just above the 2,565-point plateau and the losses may accelerate on Thursday.
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790 days ago
South Korea Rate Decision On Tap For Thursday
The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 3.50 percent.
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790 days ago
TSX Ends Notably Lower Again
The Canadian market ended on a weak note on Wednesday, losing more than 1% for a second straight day, as worries about growth, and concerns about U.S. lawmakers' ability to reach an agreement on increasing the U.S. debt ceiling continued to weigh.
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790 days ago
South Korea Producer Prices Dip 0.1% In April
Producer prices in South Korea were down 0.1 percent on month in April, the Bank of Korea said on Thursday.
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790 days ago
Dollar Remains Firm Against Major Counterparts
The U.S. dollar stayed firm against its major counterparts on Wednesday despite the minutes from the Federal Reserve's latest policy meeting signaling inclination for less hawkish stance.
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790 days ago
Fed Minutes Point To Uncertainty About Interest Rate Outlook
The Federal Reserve released the minutes of its May monetary policy meeting on Wednesday, indicating uncertainty about the outlook for interest rates.
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790 days ago
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Swiss Market Ends Lower For 3rd Straight Day
The Switzerland stock market ended notably lower on Wednesday, in line with markets across Europe, as worries about economic slowdown, and a lack of progress in U.S. debt ceiling deal talks rendered the mood bearish.
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790 days ago
European Stocks Tumble As Lack Of Progress In U.S. Debt Ceiling Talks Weigh
European stocks ended sharply lower on Wednesday amid rising concerns about a lack of progress in U.S. debt deal talks.
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790 days ago
Canadian Market Down Firmly In Negative Territory
The Canadian market is down firmly in negative territory a little past noon on Wednesday with stocks from across several sectors declining sharply on sustained selling pressure.
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790 days ago
Iceland Central Bank Raises Key Interest Rate To 8.75%
Iceland's central bank raised its key interest rate sharply at its May meeting on Wednesday to contain the risk of a wage-price spiral in the face of strong demand pressures, and the policy board hinted that further rate hikes would bring inflation back to the target range and thereby ensure a better balanced economy.
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790 days ago
Abercrombie & Fitch, Kohl's Q1 Results Top Estimates, While Children's Place Missed
U.S. retailers Abercrombie & Fitch Co. (ANF) and Kohl's Corp. (KSS) reported on Wednesday results for the first quarter that topped analysts' estimates, with Abercrombie & Fitch raising its outlook for the full-year 2023 and Kohl's affirming its guidance for fiscal 2023.
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790 days ago
UK Inflation Strengthens Call For June Rate Hike
UK consumer price inflation slowed less than expected in April and the core rate accelerated unexpectedly to a 31-year high, strengthening the case for another interest rate hike from the Bank of England in June. The consumer price index, or CPI, registered an annual increase of 8.7 percent in April after a 10.1 percent gain in March, the Office for National Statistics reported Wednesday.
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790 days ago
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