The Taiwan stock market has climbed higher in four straight sessions, rallying more than 1,100 points or 4.6 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,880-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is flat to higher on uncertainty over...
The South Korea stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day winning streak in which it had risen just 8 points or 0.3 percent. The KOSPI now sits just above the 2,705-point plateau and it may add to its winnings on Friday....
WALTHAM, Mass. - Evolv Technology (NASDAQ: EVLV), a company specializing in AI-based weapons detection systems, disclosed today that it is the subject of a Securities and Exchange Commission (SEC) investigation. The SEC\'s inquiry, which began on Friday, February 16, 2024, is described as a confidential and non-public fact-finding mission. The SEC has clarified that this...
European stocks traded mostly higher on Tuesday as investors reacted to mostly positive regional economic data and encouraging bank earnings. German factory orders decreased 0.4 percent on a monthly basis in March, confounding expectations for an increase of 0.4 percent - according to data from Destatis. Nonetheless, the pace of decrease slowed from the revised...
Asian stocks ended mostly higher on Monday even as Chinese and Hong Kong markets fell on economic concerns. The dollar eased in Asian trading after hitting its highest level in nearly two weeks. Gold dipped below $2,500 per ounce while oil consolidated at lower levels ahead of an OPEC+ decision on output increase in the...
JAKARTA. PT Master Print Tbk (PTMR), a company engaged in the trading and distribution of industrial packaging equipment, will release 435 million shares in an Initial Public Offering (IPO). The number of shares offered is equivalent to 22.81% of PTMRs issued and fully paid-up capital after the IPO. Each share has a nominal value of...
A report released by the Commerce Department on Friday showed a substantial increase by new home sales in the U.S. in the month of July. The Commerce Department said new home sales spiked by 10.6 percent to an annual rate of 739,000 in July after rising by 0.3 percent to an upwardly revised rate of...
At 10 am ET Friday, ISM manufacturing PMI, U.S. construction spending and University of Michigan\'s final consumer sentiment index have been released. After the data, the greenback pulled back against its major counterparts. The greenback was trading at 1.2619 against the pound, 1.0870 against the euro, 0.8863 against the franc and 150.25 against the yen...
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...
Asian stock markets are a sea of green on Wednesday, following the broadly positive cues from global markets overnight, as data showing a slowdown in U.S. manufacturing activity in the month of April raised hopes the US Fed will start thinking of cutting interest rates soon. Traders also continue to pick up stocks at relatively...