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Malaysia Stock Market Tipped To Extend Winning Streak

The Malaysia stock market has climbed higher in three straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,470-point plateau and it may add to its winnings on Monday.
RTTNews | 998 days ago
South Korea Shares May Crack Resistance At 2,500 Points

South Korea Shares May Crack Resistance At 2,500 Points

The South Korea stock market bounced higher again on Friday, one session after snapping the four-day winning streak in which it had soared almost 100 points or 4 percent. The KOSPI now rests just above the 2,480-point plateau and it's got another green light for Monday's trade.
RTTNews | 998 days ago
New Zealand Services PMI Data Due On Monday

New Zealand Services PMI Data Due On Monday

New Zealand will on Monday see October results for its services and composite indexes from BusinessNZ, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 998 days ago
TSX Ends On Firm Note For 2nd Straight Day

TSX Ends On Firm Note For 2nd Straight Day

Despite coming off higher levels twice before noon, the Canadian market stayed in positive territory on Friday and ended the session on a firm note, extending gains to a second straight session.
RTTNews | 1000 days ago
Dollar Continues To Slide Against Major Rivals

Dollar Continues To Slide Against Major Rivals

The U.S. dollar traded weak against its major rivals on Friday, continuing to slide amid hopes the Federal Reserve will slow down the pace of its monetary tightening in the coming months.
RTTNews | 1000 days ago
Swiss Market Ends Slightly Up After Choppy Ride

Swiss Market Ends Slightly Up After Choppy Ride

The Switzerland stock market climbed higher after opening somewhat flat Friday morning, but kept paring gains subsequently and then slipped into the red around mid afternoon before edging up to end the session with a small gain.
RTTNews | 1000 days ago
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European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European stocks closed broadly higher on Friday although gains were just modest in most of the markets in the region.
RTTNews | 1000 days ago
U.S. Consumer Sentiment Slumps In November, Inflation Expectations Ticker Higher

U.S. Consumer Sentiment Slumps In November, Inflation Expectations Ticker Higher

The University of Michigan released preliminary data on Friday showing U.S. consumer sentiment has pulled back much more than expected in November after seeing modest improvements in recent months. The report showed the consumer sentiment index slumped to 54.7 in November after inching up 59.9 in October.
RTTNews | 1000 days ago
UK GDP Logs First Contraction Since Early 2021

UK GDP Logs First Contraction Since Early 2021

The UK economy contracted for the first time in six quarters in the three months ended September, which is likely to be the beginning of a prolonged recession as projected by the Bank of England. Gross domestic product shrank 0.2 percent sequentially, offsetting the 0.2 percent gain in the second quarter, the first estimate from the Office for National Statistics showed Friday.
RTTNews | 1000 days ago
U.S. Dollar Lower On Hopes For Slower Fed Rate Hikes

U.S. Dollar Lower On Hopes For Slower Fed Rate Hikes

The U.S. dollar lost ground against its major counterparts in the European session on Friday, as indications that inflation has peaked in October supported the case for a slowdown in the pace of rate hikes in the coming months.
RTTNews | 1000 days ago
Malaysia GDP Expands At Fastest Pace In More Than A Year

Malaysia GDP Expands At Fastest Pace In More Than A Year

Malaysia's economic growth rose to double-digit in the third quarter, which was the biggest in more than a year, on base effects and robust domestic demand, official data showed on Friday. Gross domestic product registered a sharp annual growth of 14.2 percent after expanding 8.9 percent in the second quarter, data released by Bank Negara Malaysia revealed. This was the biggest since the second
RTTNews | 1000 days ago

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