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Forex News
Sandoz Recalls Aprepitant Capsules, Lidocaine And Prilocaine Cream
Sandoz, the generics and biosimilars division of Swiss drug major Novartis AG, is recalling about 156,750 units of Aprepitant capsules and Lidocaine and Prilocaine cream prescription drugs, the U.S. Consumer Product Safety Commission said. The recall was due to risk of poisoning to childern for failure to meet child resistant packaging requirement.
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847 days ago
European Economic News Preview: UK GDP Data Due
Monthly gross domestic product, industrial production and foreign trade from the UK and consumer prices from Germany are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, foreign trade and industrial production data. The UK economy is forecast to grow 0.1 percent on month in January.
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847 days ago
Sensex, Nifty Tumble Amid Global Selloff
Indian shares fell sharply on Friday, mirroring weak global cues as Silicon Valley Bank's surprise decision to sell much of its bond portfolio at a loss prompted concerns about the value of U.S. banks' bond portfolios.
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847 days ago
Yen Falls After BOJ Rate Decision
The Japanese yen weakened against the other major currencies in the early Asian session on Friday, after the Bank of Japan left its policy balance rate unchanged at -0.1 percent, as expected.
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847 days ago
Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Friday, following the broadly negative cues from Wall Street overnight, dragged primarily by steep losses in financial stock, which mirrored their peers on Wall Street amid persistent concerns about the outlook for interest rates. Traders are also looking ahead to the release of the more closely watched monthly US jobs report later in the day.
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847 days ago
Sensex, Nifty Set To Follow Global Peers Lower Ahead Of US Jobs Data
Indian shares may follow global peers lower on Friday, as investors assess the outlook for global economic growth and interest rates.
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847 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Friday, snapping the five-session winning streak, with the benchmark Nikkei 225 falling well below the 27,400 level, following the broadly negative cues from Wall Street overnight, with losses across most sectors, led by financial and technology stocks. Traders also await Bank of Japan's policy decision later in the day.
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847 days ago
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Thai Stock Market Likely To Remain Rangebound
The Thai stock market has moved higher in two of three trading days since the end of the eight-day losing streak in which it had plummeted almost 65 points or 4 percent. The Stock Exchange of Thailand now rests just above the 1,610-point plateau although it figures to head south again on Friday.
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847 days ago
Indonesia Stock Market May Run Out Of Steam On Friday
The Indonesia stock market has moved higher in consecutive trading days, collecting more than 30 points or 0.4 percent along the way. The Jakarta Composite Index now sits just beneath the 6,800-point plateau although it may be stuck in neutral on Friday.
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847 days ago
Australian Market Sharply Lower
The Australian stock market is sharply lower on Friday, giving up the slight gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from Wall Street overnight, dragged by losses in financial, technology and energy stocks.
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847 days ago
Lower Open Anticipated For Hong Kong Stock Market
The Hong Kong stock market has finished lower in three straight sessions, tumbling more than 675 points or 3.3 percent along the way. The Hang Seng Index now sits just above the 19,925-point plateau and it's looking at another soft lead for Friday's trade.
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847 days ago
China Stock Market Tipped To Extend Losing Streak
The China stock market has finished lower in four straight sessions, sinking almost 50 points or 1.4 percent along the way. The Shanghai Composite Index now sits just above the 3,275-point plateau and it's expected to open in the red again on Friday.
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847 days ago
Taiwan Bourse Predicted To Open Under Pressure On Friday
The Taiwan stock market has moved lower in back-to-back sessions, slumping almost 90 points or 0.6 percent along the way. The Taiwan Stock Exchange now rests just above the 15,770-point plateau and it's looking at a soft start again on Friday.
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847 days ago
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