The U.S. dollar drifted lower against its major counterparts on Thursday amid rising bets about an interest rate cut by the Federal Reserve in September after data showed a drop in the nation\'s consumer price inflation in the month of June. The Labor Department said U.S. consumer price index slipped by 0.1% in June after...
The Canadian market rose to a new all-time high on Thursday thanks to sustained buying in several sectors after soft U.S. inflation data raised prospects of an interest rate cut by the Federal Reserve in September. Real estate, materials, utilities and consumer discretionary stocks were among the most prominent gainers. Scores of stocks from communications,...
The Malaysia stock market has ticked higher in three consecutive trading days, adding almost a dozen points or 0.7 percent along the way. The Kuala Lumpur Composite Index now rests just shy of the 1,625-point plateau although it may be stuck in neutral on Friday. The global forecast for the Asian markets suggests profit taking,...
The Singapore stock market has finished higher in three straight sessions, collecting more than 70 points or 2.1 percent along the way. The Straits Times Index now rests just above the 3,475-point plateau although it may run out of steam on Friday. The global forecast for the Asian markets suggests profit taking, particularly among the...
The Canadian market ended on a strong note on Wednesday thanks to sustained buying in energy and materials shares. Expectations of an interest rate cut by the Federal Reserve helped underpin sentiment. Industrials, utilities, consumer discretionary, consumer staples, healthcare and financials shares were among the other notable gainers in the session. The benchmark S&P/TSX Composite...
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 central bank is expected to keep its benchmark lending rate unchanged at 3.50 percent. Japan will release May numbers for core machine orders, with forecasts suggesting an...
The South Korea stock market has moved higher in back-to-back sessions, gathering more than 10 points or 0.3 percent along the way. The KOSPI now sits just shy of the 2,870-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets is upbeat, fueled by technology shares ahead...
2024-07-09 16:19:01 DOID - PT. Delta Dunia Makmur Tbk Rp 625 +5 (+0,80%) JAKARTA - PT Okansa Fuji Shosha purchased 260 million shares of PT Fuji Finance Indonesia Tbk (FUJI) on Friday, July 5, and immediately held 20% of them. Fuji Finance is a multi-finance company that offers investment financing, working capital financing, multi-purpose financing,...
JAKARTA. PT RMK Energy Tbk (RMKE) posted a coal transportation volume of 916.8 thousand metric tons (MT), up 53% year-on-year (yoy) or from the same period last year. As an information, the volume of coal transportation handled by RMKE in June 2024 posted the highest record. \"The operational performance in June was very positive, in...
Canadian stocks are likely to open higher Tuesday morning on slightly firm metal prices. With the focus on Fed Chair Jerome Powell\'s congressional testimony, and upcoming U.S. earnings season, the mood is likely to remain a bit cautious. Powell\'s testimony on Tuesday and Wednesday is likely to provide more clues on the likely direction of...