Forex News
Renewed Support Predicted For Singapore Stock Market
The Singapore stock market headed south again on Tuesday, one session after halting the three-day slide in which it had dropped more than 45 points or 1.5 percent. The Straits Times Index now rests just above the 3,100-point plateau although it's expected to rebound again on Wednesday.
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686 days ago
Additional Support Expected For Malaysia Stock Market
The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen more than 10 points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,440-point plateau and it's tipped to open in the green again on Wednesday.
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686 days ago
Technology Stocks Expected To Boost South Korea Shares
The South Korea stock market on Tuesday halted the four-day losing streak in which it had tumbled more than 120 points or 4.8 percent. The KOSPI now rests just above the 2,340-point plateau and it may extend its gains on Wednesday.
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686 days ago
Taiwan Inflation Data On Tap For Wednesday
Taiwan will on Wednesday release June figures for consumer and wholesale prices, highlighting a light day for Asia-Pacific economic activity.
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686 days ago
TSX Recovers From Day's Lows, Still Ends More Than 1% Down
Despite staging a fairly good recovery after a sharp plunge, the Canadian market ended on a very weak note on Tuesday, as fears about a possible recession and looming interest rate hikes weighed on sentiment and rendered the mood very cautious.
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686 days ago
Dollar Scores Gains Against Rivals On Safe-haven Appeal
The U.S. dollar climbed higher against its most major rivals on Tuesday as treasury yields moved up amid rising prospects of a series of sharp interest rate hikes by the Federal Reserve.
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686 days ago
U.S. Stocks Close On Mixed Note; Nasdaq Climbs 1.8 Percent
U.S. stocks ended on a mixed note on Tuesday after a volatile session, as fears about a possible recession and interest rate hikes by the Federal Reserve weighed on sentiment.
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686 days ago
more news
Canadian Market Deep Down In Negative Territory; Energy, Materials Shares Fall
The Canadian market is deep down in negative territory Tuesday afternoon due to heavy selling in stocks from across various sectors amid rising fears about a possible recession.
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686 days ago
U.S. Market Remains In Negative Territory; Nasdaq Rebounds
U.S. stocks are languishing in negative territory Tuesday afternoon amid rising fears about a possible recession due to rising inflation and the Federal Reserve's tighter monetary policy stance.
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686 days ago
Swiss Market Ends Sharply Lower
After opening modestly higher and spending some time in positive territory Tuesday morning, the Switzerland stock market fell into the red and stayed weak right through the day's session amid rising fears about a possible recession.
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686 days ago
European Stocks Close Sharply Lower On Recession Fears
European stocks tumbled on Tuesday as recession fears triggered a sell-off. Investors digested some weak economic data from the Eurozone, and the Bank of England's Financial Stability Report that showed the growth outlook has worsened.
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686 days ago
Novavax's Nuvaxovid COVID-19 Vaccine Conditionally Authorized In EU For Adolescents Aged 12 To 17
Biotechnology company Novavax, Inc. (NVAX) announced Tuesday that the European Commission (EC) has approved the expanded conditional marketing authorization (CMA) of Nuvaxovid (NVX-CoV2373) COVID-19 vaccine in the European Union (EU) for adolescents aged 12 through 17.
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686 days ago
Syros Pharmaceuticals To Acquire TYME Technologies
Syros Pharmaceuticals (SYRS) and TYME Technologies, Inc. (TYME) announced that the companies have entered into a definitive merger agreement pursuant to which Syros will acquire TYME, including its pipeline assets and net cash at closing which after accounting for wind-down and transaction expenses is currently estimated to be approximately $60 million.
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686 days ago