Forex News

Bargain Hunting Expected To Boost South Korea Shares

The South Korea stock market has moved lower in two straight sessions, sinking almost 100 points or 4.1 percent to a fresh 19-month closing low. The KOSPI now rests just above the 2,310-point plateau although it should find traction on Friday.

RTTNews | 1101 days ago

Japan Inflation Data Due On Friday

Japan will on Friday release May figures for consumer prices, highlighting a light day in Asia-Pacific economic activity. In April, overall inflation was up 0.4 percent on month and 2.5 percent on year, while core CPI climbed an annual 2.1 percent.

RTTNews | 1101 days ago

Canadian Stocks Tumble On Recession Fears; TSX Falls To New 52-week Low

Canadian stocks tumbled on Thursday, pushing the benchmark S&P/TSX Composite Index to a new 52-week low, as rising possibility of a recession weighed on sentiment.

RTTNews | 1101 days ago

Dollar Stays Firm Against Major Rivals

The U.S. dollar firmed against several major currencies on Thursday amid falling risk appetite due to rising possibility of a recession.

RTTNews | 1101 days ago

Swiss Market Ends On Weak Note

The Switzerland stock market ended on a negative note on Thursday after staying weak right through the day's session amid persisting worries about inflation and slowing global growth.

RTTNews | 1101 days ago

Norway Central Bank Hikes Policy Rate By 50 Bps

The Norwegian central bank joined several of its peers in delivering a bigger than expected 50 basis point hike on Thursday amid the woes of high inflationary pressures and policymakers hinted that there will be another rate hike in August.

RTTNews | 1101 days ago

European Stocks Close Lower Again On Recession Fears

After recovering from a weak start and even managing a brief spell in positive territory around early afternoon, European stocks fell and ended notably lower on Thursday, weighed down by fears about the possibility of a recession.

RTTNews | 1101 days ago

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UK Private Sector Logs Steady Growth In June

The UK private sector logged a better-than-expected growth in June but that was unchanged from the 15-month low seen in May, flash survey results from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply flash composite output index held steady at 53.1 in June, while the reading was expected to fall to 52.6. The score remained above the neutral 50.0.

RTTNews | 1101 days ago

U.S. Weekly Jobless Claims Edge Slightly Lower To 229,000

First-time claims for U.S. unemployment benefits edged slightly lower in the week ended June 18th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims dipped to 229,000, a decrease of 2,000 from the previous week's revised level of 231,000.

RTTNews | 1101 days ago

CNS Pharma Says FDA Oks Protocol Amendment To PPivotal Global Trial Of Berubicin For GBM

Biopharmaceutical company CNS Pharmaceuticals, Inc. (CNSP) announced Thursday that it has received approval from the U.S. Food and Drug Administration (FDA) for its ongoing potentially pivotal global study evaluating the efficacy and safety of Berubicin compared with Lomustine (Gleostine) administered after first line therapy for the treatment of recurrent glioblastoma multiforme (GBM), one of the most aggressive types of brain cancer.

RTTNews | 1101 days ago