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Japan Producer Price Data Due On Wednesday
(RTTNews) - Japan will on Wednesday release February figures for producer prices, highlighting a modest day for Asia-Pacific economic activity. Producer prices are expected to slip 0.1 percent on month and rise 4.0 percent on year after adding 0.3 percent on month and 4.2 percent on year in January.
New Zealand will provide February numbers for electronic card retail sales; in January, sales were down 1.6 percent on month and 0.5 percent on year.
Malaysia will release January figures for industrial production, with forecasts suggesting an increase of 2.7 percent on year - moderating from 4.6 percent in December.
Indonesia will see January numbers for retail sales; in December, sales were up 1.8 percent on year.
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Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,800 level, following the broadly negative cues from Wall Street overnight, dragged by tumbling mining, energy and technology stocks.
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2 시간 26 분 전
Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst. Asian markets closed mostly lower on Tuesday.
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2 시간 44 분 전
Indian Markets Closed For Guru Nanak Jayanti
Indian markets remain closed today for a public holiday in observance of Guru Nanak Jayanti.
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3 시간 21 분 전
No Help Yet For Thai Stock Market
The Thai stock market has moved lower in four straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau and it's expected to open in the red again on Wednesday.
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3 시간 51 분 전
Indonesia Shares Tipped To Open In The Red
The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,240-point plateau and the losses may accelerate on Wednesday.
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4 시간 21 분 전
Japanese Market Sharply Lower
The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous four sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling nearly 3 percent to below the 50,050 level, with weakness across most sectors led by index heavyweights and technology stocks.
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4 시간 28 분 전
Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market turned lower again on Tuesday, one day after halting the three-day losing streak in which it had dropped more than 520 points or 2 percent. The Hang Seng Index now rests just above the 25,950-point plateau and it's tipped to see continued consolidation on Wednesday.
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4 시간 36 분 전
China Shares May Extend Tuesday's Losses
The China stock market headed south again on Tuesday, one day after ending the two-day slide in which it had dropped more than 60 points or 1.5 percent. The Shanghai Composite Index now sits just above the 3,960-point plateau and it's expected to open under water again on Wednesday.
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4 시간 51 분 전
