The Canadian market snapped a 4-day losing streak and ended on a buoyant note on Thursday with stocks from across several sectors moving up north on sustained buying support. Some encouraging earnings announcements, upbeat U.S. jobless claims data, and bargain hunting contributed to markets rise. The benchmark S&P/TSX Composite Index opened modestly higher and stayed...
China will on Friday release July figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity. Consumer prices are expected to add 0.3 percent both on month and on year after sinking 0.2 percent on month and rising 0.2 percent on year in June. Producer prices are seen lower by an...
The South Korea stock market on Thursday halted the two-day winning streak in which it had rallied more than 125 points or 5 percent. The KOSPI now sits just above the 2,555-point plateau although its expected to rebound on Friday. The global forecast for the Asian markets is upbeat in easing concerns for the health...
Asian stocks ended a turbulent week on a positive note Friday as encouraging U.S. labor market data brought some relief to investors worried about a slowing economy. Also, a measure of Chinas consumer price inflation surged to a five-month high, providing much-need positive news on the worlds second-largest economy. The dollar hovered close to a...
German stocks eked out modest gains on Friday after new U.S. labor market data eased recession concerns in the worlds largest economy. The benchmark DAX was up 76 points, or 0.4 percent, at 17,756 after rising 0.4 percent in the previous session. The dollar held near a one-week high against its major peers, influence by...
French stocks advanced on Friday as encouraging U.S. labor market data brought some relief to investors worried about a slowing economy. Also, a measure of Chinas consumer price inflation surged to a five-month high, providing much-need positive news on the worlds second-largest economy. The dollar hovered close to a one-week high against major rivals in...
U.K. stocks advanced on Friday as positive weekly jobless claims data eased some of worries of a recession in the worlds largest economy. Also, a measure of Chinas consumer price inflation surged to a five-month high, providing much-need positive news on the worlds second-largest economy. The benchmark FTSE 100 was up 55 points, or 0.7...
JAKARTA -PT Indosat Tbk (ISAT) will split the stock value (stock split) with a ratio of 1:4, meaning that one old share will be split into 4 new shares with updated value. The approval will be obtained during General Meeting of Shareholders on September 24, 2024. Reski Damayanti, Corporate Secretary of ISAT, confirmed that the...
European stocks climbed on Friday after the number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the U.S. economy is heading for a recession. The pan European STOXX 600 rose about 1 percent to 501.08 after ending flat with a positive bias on Thursday. The German DAX...
JAKARTA – A subsidiary ofPT Sarana Menara Nusantara Tbk (TOWR) obtains a credit facility worth JPY 14 billion from PT Bank Mizuho Indonesia. Assuming that the exchange rate is set to IDR 108.52 per JPY, total loan will reach IDR 1.5 trillion. In the information disclosure quoted Monday (12/8), Monalisa Irawan, Corporate Secretary of TOWR,...