The Taiwan stock market has moved higher in two straight sessions, advancing almost 400 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 20,300-point plateau although it\'s expected to open under pressure on Friday. The global forecast for the Asian markets is murky amid a lack of catalysts,...
Delta Dunia Makmur Tbk (DOID), a mining service company, booked a loss of USD 25.58 million in the first half of 2024. However, at the top-line, DOID’s net revenue in H1 2024 was corrected 0.24% yoy to USD 854.98 million. In the same period last year, net revenue was recorded at USD 857.07 million. DOID’s...
The U.S. dollar extended its early weakness against other major currencies in the Asian session on Monday, as traders react to U.S. after Fed Chair Jerome Powells speech that signaled the central bank is prepared to begin cutting interest rates at its next monetary policy meeting in September. The time has come for policy to...
The Thai stock market has moved lower in back-to-back sessions, slumping more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau although it may find traction on Wednesday. The global forecast for the Asian markets offers little clarity, although technology shares may...
After opening marginally up Thursday morning, the Switzerland market moved in a tight range around the flat line till mid afternoon before drifting lower and finishing with a modest loss. Data showing a bigger than expected increase in U.S. consumer price inflation in the month of September weighed on sentiment. Another data showed an increase...
Blockchain analytics company Arkham predicts that crypto investment firm Grayscale’s GBTC product will run-out of all its Bitcoin holdings in 96 days, at the current rate of redemptions. At the current rate of redemptions, GBTC runs out of Bitcoin to sell in 96 DAYS. Since GBTC started trading as an ETF on 11th January, Grayscale...
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...
The Singapore stock market has moved lower in three straight sessions, sinking more than 50 points or 1.5 percent in that span. The Straits Times Index now rests just beneath the 3,440-point plateau although it\'s likely to stop the bleeding on Tuesday. The global forecast for the Asian markets is positive, with bargain hunting among...
China\'s consumer prices logged a steady but meager growth and producer prices continued to fall in May, signalling that more stimulus measures are required to boost demand and consumption. The consumer price index posted an annual increase of 0.3 percent in May, the same pace as in April, the National Bureau of Statistics reported Wednesday....
European stocks may open on a positive note Monday ahead of a busy week of corporate earnings and central bank meetings. Amazon, Apple, Meta and Microsoft are among the top U.S. companies that will release their quarterly earnings results this week after Tesla and Alphabet disappointed markets. Meanwhile, after a benign June inflation report, markets...