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Berita Valas
Little Movement Expected For Malaysia Bourse
The Malaysia stock market has moved higher in three straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,465-point plateau although the rally may stall on Tuesday.
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660 days ago
Rally May Stall For South Korea Stock Market
The South Korea stock market has moved higher in four straight sessions, gathering more than 230 points or 9.4 percent along the way. The KOSPI now sits just above the 2,500-point plateau although investors figure to cash in on Tuesday.
The global forecast for the Asian markets is mixed and fairly flat, with many of the regional bourses due for profit taking after big recent gains. The European markets were slightly lower and the U.S. bourses were slightly higher and the Asian markets figure to split the difference.
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660 days ago
Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 25 basis points, to 4,35 percent from 4.10 percent.
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660 days ago
Dollar Gains Against Major Counterparts
The U.S. dollar, which saw some weak spells last week, and dropped to a near 8-week low Monday morning, recovered some lost ground as the session progressed with traders looking ahead to speeches from Fed officials including Chair Jerome Powell.
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660 days ago
TSX Ends 81 Pts Down; Materials, Energy Stocks Among Notable Losers
After opening higher Monday morning, the Canadian market fell into the red, and despite briefly emerging above the flat line around noon, faltered again and eventually ended the day's session on a weak note.
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660 days ago
Canadian Stocks Turning In Mixed Performance
Canadian stocks are turning in a mixed performance Monday afternoon with investors looking for directional clues and largely making cautious moves.
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660 days ago
Swiss Market Ends Slightly Down After Lackluster Session
After opening modestly higher, the Switzerland stock market retreated Monday morning, and then spent the rest of the day's session in the red as investors largely refrained from making significant moves.
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660 days ago
more news
Major European Markets Close Lower After Choppy Session
he major European markets closed lower on Monday after a choppy session with investors looking for direction amid some weak economic data. Slightly easing concerns about the outlook for interest rates after softer than expected U.S. jobs data last Friday helped limit markets' downside.
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660 days ago
Dollar Tumbled Last Week Amidst Rate-peak Hints, Softer Jobs Data
A dovish Fed and a cooling labor market contributed to the Dollar's slide in the week ended November 3.
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660 days ago
Swiss Franc Slips Against Majors
The Swiss franc declined against its major counterparts in the European session on Monday.
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660 days ago
Alibaba's Ant Group Gets Chinese Govt Approval To Release AI Products
Ant Group, the fintech affiliate of Chinese conglomerate Alibaba Group, has received approval from the Chinese government to offer artificial intelligence or AI products to the public, reports said. The company plans to roll out multiple products built on its own Bailing large language model or LLM, a deep learning algorithm that can perform a variety of natural language processing tasks.
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660 days ago
Eurozone Private Sector Activity Shrinks Most In Nearly 3 Years
Euro area private sector activity declined at the fastest pace in nearly three years in October due to the sharp fall in business intakes amid the gloomier economic outlook. The HCOB composite output index posted 46.5 in October, in line with the flash estimate, final results of the purchasing managers' survey by S&P Global showed on Monday.
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661 days ago
Pound Climbs On Fed Optimism
The pound advanced against its major counterparts in the European session on Monday, on optimism the Federal Reserve has finished raising interest rates.
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661 days ago
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