The Singapore stock market has finished lower in three straight sessions, slumping more than 55 points or 1.5 percent along the way. The Straits Times Index now sits just above the 3,580-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is positive on continued optimism over the...
After posting losses in the previous three sessions, the Canadian market closed on a firm note on Monday, as investors picked up stocks amid hopes the Bank of Canada will reduce interest rates on Wednesday. The Canadian central bank, which is scheduled to announce its monetary policy on Wednesday, is widely expected to ccut its...
The Canadian market ended slightly higher on Monday, thanks to gains in select healthcare, energy, materials and utilities stocks. Stocks moved in a tight band in somewhat lackluster moves by investors who stayed cautious, looking ahead to Fed policy announcement, and some crucial economic data, due later in the week. The benchmark S&P/TSX Composite Index...
The Switzerland market briefly advanced to positive territory after a weak start Monday morning, but retreated swiftly and spent the rest of the day\'s session in the red as investors stayed wary of picking up stocks amid a lack of significant triggers. Investors looked ahead to the Swiss National Bank\'s monetary policy announcement, due later...
It was revealed on Thursday that El Salvador has much more Bitcoin than previous estimates when President Nayib Bukele posted on X that the country has moved over 5,000 bitcoins worth over $400 million into a cold wallet. El Salvador’s Secret Bitcoin Stash: Over $400M Bukele’s latest move surprised many in the crypto community, as...
German stocks held steady on Thursday after official data revealed Germanys factory orders grew unexpectedly in July largely due to the surge in demand for transport equipment. Incoming new orders advanced 2.9 percent on a monthly basis in July following Junes revised 4.6 percent expansion, Destatis reported. Orders were forecast to fall 1.6 percent. On...
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing softened overall in the month of August. The Philly Fed said its diffusion index for current general activity plunged to a negative 7.0 in August from a positive 13.9 in July, with a negative reading indicating contraction. Economists had expected...
On February 14 the company behind Oreo and Cadbury Chocolate, Mondelēz International, announced that it’s joining the Hedera Council, the entity that governs the Hedera Network, “a sustainable public ledger for the decentralized economy.” This partnership, along with the 30 other organizations that are part of the network, is set to accelerate the integration of...
JAKARTA – PT Koka Indonesia Tbk (KOKA)andPT Logisticsplus International Tbk (LOPI) plummeted a year after debuting on Indonesia Stock Exchange (IDX) via initial public offering on October 11, 2023. Based on compiled data of IDNFinancials, Thursday (10/10), KOKA’s price arrived at IDR 62, down 51.56% compared to IPO price of IDR 128 per share. Yesterday...
The price of the leading cryptocurrency Bitcoin faced a deep correction from its all-time highs during early Asian hours on Friday. Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs....