The private sector in Singapore continued to expand, and at a faster rate, the latest survey from S&P Global showed on Wednesday with a PMI score of 55.2. That\'s up from 54.2 and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Supporting the latest uptick in the headline PMI...
Higher U.S. and Canadian futures, and gold prices point to a positive start on Bay Street Monday morning. The mood is likely to remain cautious with investors looking ahead to the release of mega-cap U.S. tech earnings and monetary policy meetings of several central banks. The Federal Reserve is scheduled to announce its monetary policy...
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street three major indexes all retreated more than 1% on Tuesday, with weakness in megacap growth companies such as Apple Inc and the chip sector weighing most on the Nasdaq ahead of this week\'s crop of economic data and remarks from Federal Reserve Chair Jerome Powell....
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...
The Thai stock market has moved lower in back-to-back sessions, slipping more than 5 points or 0.3 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,380-point plateau although it may find traction on Wednesday. The global forecast for the Asian markets is positive on optimism over the outlook for...
While reporting financial results for the first quarter on Wednesday, The Brink\'s Co. (BCO) maintained its earnings and revenue guidance for the full-year 2024. For fiscal 2024, the company continues to project earnings from continuing operations attributable to Brink\'s in the range of $7.30 to $8.00 per share on revenues between $5.075 billion and $5.225...
European stocks closed on a positive note on Friday amid optimism about the outlook for Fed interest rates after soft U.S. consumer price inflation data, and slightly dovish comments from Fed Chair Jerome Powell during his congressional testimony earlier in the week. Optimism about quarterly earnings, and a couple of encouraging economic data from the...
TOKYO (Reuters) - U.S. investment advisory firm Curi RMB Capital on Thursday said it demands that Japan Aviation Electronics and its majority shareholder NEC Corp cancel the ongoing tender offer and reconsider alternative buyout offers they have received. Japan Aviation\'s current tender offer \"does not represent the best interest\" of shareholders of both companies, Curi...
Canadian stocks tumbled after a slightly flat start Tuesday morning, but recovered gradually as the days session progressed and eventually ended with a marginal loss. The market dropped to the sessions low around noon, and then kept paring losses on bargain hunting. The mood in the market was cautious as investors awaited key U.S. inflation...
Indian shares rose notably on Monday after Federal Reserve Chair Jerome Powell signaled the U.S. central bank is prepared to begin cutting interest rates at its next monetary policy meeting in September. The time has come for policy to adjust, Powell said at the Jackson Hole Economic Symposium, although he noted the timing and pace...