The Singapore stock market on Tuesday ended the two-day slide in which it had slipped almost 15 points or 0.5 percent. The Straits Times Index now sits just beneath the 3,175-point plateau and it may extend its gains on Wednesday. The global forecast for the Asian markets is positive ahead of the Federal Reserve\'s monetary...
The Taiwan stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 210 points or 1.1 percent. The Taiwan Stock Exchange now sits just beneath the 19,860-point plateau although it\'s expected to open in the green on Wednesday. The...
The China stock market on Tuesday snapped the two-day winning streak in which it had collected almost 50 points or 1.6 percent. The Shanghai Composite Index now rests just above the 3,060-point plateau and it\'s likely to see additional support on Wednesday. The global forecast for the Asian markets is positive ahead of the Federal...
The Hong Kong stock market turned lower again on Tuesday, one day after snapping the three-day losing streak in which it had stumbled more than 370 points or 2.2 percent. The Hang Seng Index now sits just beneath the 16,530-point plateau although it\'s expected to erase those losses on Wednesday. The global forecast for the...
The Indonesia stock market on Tuesday ended the two-day slide in which it had slipped more than 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 7,335-point plateau and it\'s expected to open in the green again on Wednesday. The global forecast for the Asian markets is positive ahead of...
Indian shares ended a choppy session marginally higher on Wednesday, after having fallen sharply in the previous session. A cautious undertone prevailed due to rising oil prices and anxiety ahead of the Federal Reserve\'s highly anticipated monetary policy announcement later in the day. A stronger dollar and elevated yields weighed on risk appetite as market...
JetBlue Airways has decided to cut many unprofitable routes, including from Los Angeles, and ending services to many cities as part of the carrier\'s latest efforts to cut costs, reports said citing a memo to staff. The news comes as the loss-making airline is under increased pressure to cut its expenses and return to profitability...
The Biden Administration announced Wednesday that Intel Corp. (INTC) and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act. The proposed funding would help advance Intel\'s critical semiconductor manufacturing and...
UK consumer price inflation weakened to the lowest in nearly two-and-a-half years in February on easing food price inflation, official data showed ahead of the Bank of England\'s monetary policy announcement this week. The consumer price index registered an annual growth of 3.4 percent, slower than the 4.0 percent rise in January, the Office for...
French Competition Authority, The Autorite de la concurrence, said it has fined Alphabet Inc. and Google LLC 250 million euros for non-compliance with some of its commitments with news publishers. The fine is related to breaches linked to EU intellectual property rules. It was reported that Google failed to keep its commitments to negotiate deals...