The Canadian market rose to a fresh record high on Wednesday, moving past a high registered about a fortnight ago, as the Federal Reserve hinted at some rate cuts in the coming months. Higher crude oil and gold prices triggered some strong buying in the resources sectors, contributing significantly to market\'s move up north. The...
Australia will on Wednesday release June figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In May, imports were up 3.9 percent on month and exports rose 2.8 percent for a trade surplus of A$5.773 billion. Australia also will see Q2 data for import and export prices; in the...
The South Korea stock market found renewed support on Wednesday, one day after snapping the two-day winning streak in which it had jumped more than 55 points or 2 percent. The KOSPI now sits just above the 2,770-point plateau and it may add to its winnings on Thursday. The global forecast for the Asian markets...
The Hong Kong stock market has climbed higher in two straight sessions, collecting more than 230 points or 1.4 percent in that span. The Hang Seng Index now rests just beneath the 17,240-point plateau and it\'s likely to be stuck in neutral on Tuesday. The global forecast for the Asian markets is a holding pattern...
The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 50 points or 0.7 percent along the way. The Jakarta Composite Index now sits just beneath the 7,290-point plateau although it may spin its wheels on Tuesday. The global forecast for the Asian markets is a holding pattern ahead of Wednesday\'s FOMC rate...
The total number of building permits issued in Australia was down a seasonally adjusted 6.5 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at 13,237. That misses forecasts for a decline of 2.3 percent following the 5.5 percent increase in May. Permits for private sector houses fell...
Ahead of Monday\'s holiday for King Maha\'s birthday, the Thai stock market had ended the four-day slide in which it had stumbled more than 35 points or 2.8 percent. The Stock Exchange of Thailand now rests just above the 1,305-point plateau although it may hand back those gains on Tuesday. The global forecast for the...
Indian shares may open on a flat note Tuesday, mirroring mixed cues from global markets, selling by foreign investors and a continued fall in oil prices on concerns about China\'s economic recovery. Foreign investors sold shares worth Rs 2,474 crores on a net basis Monday while domestic institutional investors (DII) were net buyers of shares...
Indian shares gave up all early gains to end on a flat note Tuesday, tracking mixed cues from global markets. The 30-share BSE Sensex ended up 99.56 points, or 0.12 percent, at 81,455.40, and the 50-share Nifty index finished up 21.20 points, or 0.09 percent, at 24,857.30 as focus shifted to a Federal Reserve meeting...
While reporting financial results for the second quarter on Tuesday, CenterPoint Energy Inc. (CNP) reaffirmed its adjusted earnings guidance for the full-year 2024 in the range of $1.61 to $1.63 per share. On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $1.62 per share for the year. Analysts\' estimates...