The UK labor market conditions softened in August as permanent job placements declined sharply amid reduced demand for new staff and falling pay growth, a report compiled by S&P Global showed Monday. Permanent staff placements declined for the 23rd straight month in August, the KPMG and REC, UK Report on Jobs showed. Moreover, the rate...
European stocks traded higher on Monday ahead of consumer price inflation figures from Germany, Spain and France due later in the week. The governing council of the European Central Bank will meet on Thursday, and it is widely expected that the board will reduce interest rates for the second time this year. Elsewhere, the U.S....
The U.S. Food and Drug Administration has announced recalls of eggs as well as whole cantaloupe citing the potential to be contaminated with Salmonella. Bonduel, Wisconsin-based Milos Poultry Farms, LLC is calling back all Milos Poultry Farms and Tonys Fresh Market branded eggs. Further, Scottsdale, Arizona-based Eagle Produce LLC is recalling 224 cases of Kandy...
The Malaysia stock market has moved lower in five straight sessions, slipping more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,650-point plateau although its expected to open in the green on Tuesday. The global forecast for the Asian markets is positive on anticipated...
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day winning streak in which it had picked up almost 90 points or 2.8 percent. The Straits Times Index now sits just beneath the 3,500-point plateau and it may see additional support on...
The Taiwan stock market on Monday snapped the two-day winning streak in which it had jumped more than 440 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 21,150-point plateau although its expected to bounce higher again on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain...
The China stock market has moved lower in back-to-back sessions, stumbling more than 50 points or 1.9 percent along the way. The Shanghai Composite Index now sits just above the 2,735-point plateau although its expected to open to the upside on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting...
The Hong Kong stock market has moved lower in five straight sessions, slumping more than 800 points or 4.6 percent in that span. The Hang Seng Index now sits just beneath the 17,200-point plateau although its expected to halt its slide on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain...
The Indonesia stock market on Monday ended the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,700-point plateau although it figures to see renewed support on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain...
European stocks may open a tad lower on Thursday as global markets remain in risk-off mode amid mounting unease over the U.S. and Chinese economic outlook. After Wednesdays weak labor market data, U.S. reports on jobless claims, private sector employment and service sector activity may shed further light on the health of the worlds largest...