Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in...

The Singapore stock market has moved higher in five straight sessions, gathering almost 170 points or 4.7 percent along the way. The Straits Times Index now sits just above the 3,720-point plateau although investors figure to lock in gains on Monday. The global forecast for the Asian markets is mixed as countries weigh the results...

The Taiwan stock market has moved higher in five straight sessions, gathering more than 770 points or 3.4 percent along the way. The Taiwan Stock Exchange now rests just above the 23,550-point plateau although its due for profit taking on Monday. The global forecast for the Asian markets is mixed as countries weigh the results...

The China stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just above the 3,450-point plateau and it may open under pressure again on Monday. The global forecast...

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had surged almost 700 points or 3.4 percent. The Hang Seng Index now sits just beneath the 20,730-point plateau although it may open to the upside on Monday. The global...

The Indonesia stock market on Friday ended the two-day slide in which it had plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just beneath the 7,290-point plateau and it may add to its winnings on Monday. The global forecast for the Asian markets is mixed as countries weigh the results...

The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,465-point plateau and it may see mild upside on...

A report released by the Labor Department on Thursday showed a modest rebound by first-time claims for U.S. unemployment benefits in the week ended November 2nd. The Labor Department said initial jobless claims crept up to 221,000, an increase of 3,000 from the previous weeks revised level of 218,000. Economists had expected jobless claims to...