The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had climbed almost 50 points or 1.6 percent. The Straits Times Index now sits just above the 3,215-point plateau and the losses may accelerate on Monday. The global forecast for the Asian markets is mixed, with strength from...
HONG KONG (Reuters) - Evergrande liquidators said the company, SJ and Tianji filed documents with a U.S. Court on Friday to withdraw Chapter 15 bankruptcy protection applications, the Chinese property company said in a filing to the Hong Kong Stock Exchange. Evergrande liquidators said they will make new applications under Chapter 15 of Title 11...
Members of the Bank of Japan\'s Monetary Policy Board said that Japan\'s economy is trending upward and should continue to do so in the short term, minutes from the central bank\'s January 22 monetary policy meeting revealed on Monday. Overall inflation is likely to be above 2 percent through fiscal 2024, although it may slow...
The Taiwan stock market has moved higher in two straight sessions, accelerating more than 440 points or 2.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 20,230-point plateau although investors may lock in gains on Monday. The global forecast for the Asian markets is mixed, with strength from technology stocks...
By Uditha Jayasinghe COLOMBO (Reuters) - McDonald\'s (NYSE:MCD) has ended an agreement with its local partner in Sri Lanka and all 12 outlets in the country have been closed, an attorney for the U.S. company said on Sunday. \"The parent company decided to terminate the agreement with the franchisee due to standard issues,\" said Sanath Wijewardane,...
The Malaysia stock market on Thursday ended the two-day slide in which it had stumbled almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it may add to its winnings on Friday. The global forecast for the Asian markets is positive on optimism over the...
Overall nationwide consumer prices were up 2.8 percent on year in February, the Ministry if Internal Affairs and Communications said on Friday. That was in line with expectations and up from 2.2 percent in January. On a monthly basis, inflation was flat for the second straight month. Core CPI, which excludes the volatile costs of...
(This March 22 story has been refiled to change SABIC to side air bag inflatable curtain in paragraph 4) (Reuters) - Chrysler is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Safety Administration (NHTSA) said on Friday....
The Singapore stock market has moved higher in three straight sessions, gathering almost 50 points or 1.6 percent along the way. The Straits Times Index now sits just above the 3,220-point plateau and it\'s expected to see additional support on Friday. The global forecast for the Asian markets is positive on optimism over the outlook...
IT Services providers have been experiencing low demand amid macroeconomic uncertainty, with not many stocks in the sector offering near-term upside to consensus figures. Against this backdrop, analysts at Guggenheim shared in a note this week a list of the Best IT Services stocks to own for 2024. They noted that the soft near-term demand...