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China Retains Benchmark Lending Rates As Expected
China retained its benchmark lending rates for the seventh straight month on Monday after a surprise reserve requirement ratio reduction last week. The People's Bank of China left its one-year loan prime rate, or LPR, unchanged at 3.65 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was kept unchanged at 4.30 percent.
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869 일 전
European Shares Poised For Weak Start As Bank Worries Linger
European stocks look set to open broadly lower on Monday amid signs that the banking crisis is escalating, and a recession might be pulled forward.
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869 일 전
Australian Dollar Retreats Against Majors
The Australian dollar retreated from recent highs against other major currencies in the Asian session on Monday.
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869 일 전
Sensex, Nifty Open Lower On Weak Global Cues
Indian shares opened lower on Monday, tracking weak global cues on concerns about turmoil in the U.S. banking sector and an impending recession.
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869 일 전
Asian Markets Decline On Weak Global Cues
Asian stock markets are trading lower on Monday, following the broadly negative cues from global markets on Friday, as traders remain cautious and assess the impact of the crisis in the global banking sector, even as failing financial institutions secure a lifeline from peer institutions and central banks to avoid a global meltdown. Asian markets closed mostly higher Friday.
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869 일 전
Sensex, Nifty Seen Tad Lower At Open
Indian shares look set to open a tad lower on Monday amid fears that the U.S. banking turmoil will lead to tighter lending standards that will cripple small businesses and eventually send the world's largest economy into a recession.
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869 일 전
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Monday, giving up some of the gains in the previous session, with the Nikkei 225 falling below the 27,200 level, following the broadly negative cues from global markets on Friday, as traders continued to assess the impact of the crisis in the global banking sector.
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869 일 전
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Thai Stock Market May Hand Back Friday's Gains
The Thai stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had stumbled more than 90 points or 5.7 percent. The Stock Exchange of Thailand now rests just beneath the 1,565-point plateau although it's expected to see renewed consolidation on Monday.
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869 일 전
Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,000 mark, following the broadly negative cues from global markets on Friday, as traders continued to assess the impact of the crisis in the global banking sector. Gold miners were the bright spot amid a spike in gold prices.
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869 일 전
Soft Start Predicted For Indonesia Stock Market
The Indonesia stock market on Friday wrote a finish to the three-day losing streak in which it had stumbled almost 220 points or 3.3 percent along the way. The Jakarta Composite Index now sits just beneath the 6,680-point plateau although it's likely to open in the red again on Monday.
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869 일 전
Hong Kong Stock Market Expected To Remain Rangebound
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had plummeted almost 1,300 points or 6.4 percent. The Hang Seng Index now sits just beneath the 19,520-point plateau although it figures to open in the red again on Monday.
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869 일 전
China Stock Market Expected To Open In The Red
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the five-day losing streak in which it had surrendered almost 100 points or 2.8 percent. The Shanghai Composite Index now sits just above the 3,250-point plateau although it's predicted to hand back those gains on Monday.
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869 일 전
Lower Open Anticipated For Taiwan Stock Market
The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had tumbled almost 350 points or 2.2 percent. The Taiwan Stock Exchange now rests just above the 15,450-point plateau although it figures to turn lower again on Monday.
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869 일 전
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