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Rebound Predicted For South Korea Stock Market
The South Korea stock market on Wednesday snapped the two-day winning streak in which it had picked up more than 10 points or 0.4 percent. The KOSPI now rests just above the 2,505-point plateau although it figures to bounce higher again on Thursday.
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717 gün önce
South Korea Rate Decision On Tap For Thursday
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 3.50 percent.
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717 gün önce
Dollar Eases Against Major Counterparts
The U.S. dollar lost ground against its major counterparts on Wednesday, weighed down by data showing sharp drop in U.S. business activity in the month of August.
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717 gün önce
TSX Ends On Firm Note; Technology, Materials Shares Rally
The Canadian market ended on a firm note on Wednesday, aided by strong gains in technology, materials, financials and real estate stocks.
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717 gün önce
Swiss Market Ends On Bright Note
The Switzerland stock market ended on a bright note on Wednesday thanks to sustained buying at several counters amid optimism about results updates from U.S. technology majors.
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717 gün önce
European Stocks Close Broadly Higher
European stocks closed broadly higher on Wednesday with investors digesting data on manufacturing activity, and looking ahead to U.S. chipmaker Nvidia's results and the upcoming comments from central bankers at the Jackson Hole Symposium later in the week.
RTTNews
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717 gün önce
U.S. New Home Sales Rebound To 17-Month High In July
After reporting a sharp pullback in U.S. new home sales in the previous month, the Commerce Department released a report on Wednesday showing new home sales rebounded by much more than expected in the month of July. The Commerce Department said new home sales spiked by 4.4 percent to an annual rate of 714,000 in July.
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717 gün önce
more news
Pound Slides On Disappointing U.K. PMI Data
The pound declined against its major counterparts in the European session on Wednesday, as the nation's private sector activity contracted in August at the fastest rate since January 2021.
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717 gün önce
UK Private Sector Slips Into Contraction Zone
The UK private sector entered the contraction territory in August ending a six-month period of expansion as sluggish domestic economic conditions as well as higher interest rates damped demand, a closely watched survey showed Wednesday. The flash S&P Global/Chartered Institute of Procurement & Supply composite output index slipped to a 31-month low of 47.9 in August from 50.8 in the previous mont
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717 gün önce
Williams-Sonoma Slashes FY23 Revenue Outlook As Q2 Revenues Miss Estimates
Luxury home furnishing retailer Williams-Sonoma Inc. (WSM) reported Wednesday second-quarter net earnings of $201.51 million or $3.12 per share, down from $267.08 million or $3.87 per share in the prior-year quarter.
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717 gün önce
Eurozone Private Sector Activity Logs Biggest Fall Since Late 2020
Euro area private sector activity registered its biggest fall since November 2020 as the downturn spread from manufacturing to services, flash survey results from S&P Global and Hamburg Commercial Bank revealed on Wednesday. The flash composite output index declined to a 33-month low of 47.0 in August from 48.6 in July, the purchasing managers' survey showed.
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717 gün önce
Mallinckrodt Inks RSA To Initiate Voluntary Prepackaged Chapter 11 Proceedings
Specialty pharmaceutical company Mallinckrodt plc (MNK) announced Wednesday it has entered into a Restructuring Support Agreement or RSA, with a substantial majority of each of the Company's first and second lien debtholders and the Opioid Master Disbursement Trust II on the terms of a comprehensive financial restructuring plan.
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717 gün önce
Bay Street Likely To Open With Slightly Positive Bias
Canadian shares are likely to open with a slightly positive bias on Wednesday, tracking higher bullion prices.
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717 gün önce
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