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Japanese Market Sharply Lower; Down 2%

Reversing the gains in the previous three sessions, the Japanese stock market is sharply lower in on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is retracting from all-time highs to plunge 2 percent to below the 41,400 level, with weakness across most sectors led by index heavyweights, exporters and...

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Sensex, Nifty Seen Opening Up As TCS Beats Estimates

Indian shares are likely to open higher on Friday as softer-than-expected U.S. inflation data bolstered hopes for two Federal Reserve rate cuts this year. That said, volatility cannot be ruled out due to apprehensions over quarterly earnings and concerns over rising oil prices on signs of stronger demand. After market hours on Thursday, Tata Consultancy...

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Bally\'s Announces Construction And Financing Arrangement For Bally\'s Chicago Casino

Casino-entertainment company Bally\'s Corp. (BALY) announced Friday a refreshed Bally\'s Chicago Casino permanent site plan that features a planned 500-room, 34-story hotel tower into a single-phase construction project at the 30-acre former Tribune Publishing site, pending approval of the Chicago Department of Planning & Development. In new renderings released now, the future Bally\'s Chicago Casino...

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Singapore GDP Climbs 2.9% On Year In Q2

Singapore\'s gross domestic product expanded 2.9 percent on year in the second quarter of 2024, the Ministry of Trade and Industry said in Friday\'s preliminary reading. That exceeded expectations for an increase of 2.7 percent following the upwardly revised 3.0 percent gain in the three months prior (originally 2.7 percent). On a seasonally adjusted quarterly...

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Taiwan Stock Market Overdue For Consolidation

The Taiwan stock market has finished higher in seven straight sessions, surging almost 1,500 points or 6.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,400-point plateau although investors figure to cash in on Friday. The global forecast for the Asian markets suggests profit taking, particularly among the technology sectors....

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