Indian shares are seen opening lower on Thursday amid a sell-off in the U.S. bond market and investor anxiety ahead of the general election results, due next week. The Lok Sabha exit poll results will be announced post the completion of all seven phases on June 01. The actual results will be announced on June...
French stocks were subdued on Tuesday as market participants awaited the U.S. PCE price index report due later this week as well as speeches from Fed officials including Mester, Bowman, Kashkari, Cook and Daly for more clarity on the path for Federal Reserve monetary policy. Traders also looked ahead to the release of German and...
U.K. stocks were subdued on Tuesday as industry data showed shop price growth eased back to normal levels. U.K. shop price inflation weakened in May to the lowest since November 2021 as non-food prices continued to decline, data from the British Retail Consortium and the market research firm NielsenIQ showed. The shop price index posted...
European stocks were mixed on Tuesday as investors awaited key inflation readings from the U.S. and Eurozone this week for directional cues. Meanwhile, an ECB survey showed earlier today that consumers lowered their inflation expectations last month. Eurozone consumers\' expectations for inflation in the next 12 months eased to 2.9 percent from 3.0 percent a...
Indian shares ended a choppy session slightly lower on Tuesday due to weak global cues and anxiety ahead of the general election results, due next week. The Lok Sabha exit poll results will be announced post the completion of all seven phases on June 01. The actual results will be announced on June 4th. Based...
Waystar Holding Corp. announced Tuesday the launch of its initial public offering of 45 million shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission (SEC). The estimated initial public offering price is between $20.00 and $23.00 per share. Waystar has applied to list its shares on The...
Stevanato Group S.p.A. (STVN), a drug containment, drug delivery and diagnostic solutions provider, announced Tuesday that its Board of Directors has appointed Franco Stevanato, a current director and the Executive Chairman of the Company, as its new Chief Executive Officer. Stevanato is succeeding as Chief Executive Officer Franco Moro, whose employment agreement will continue through...
Australia will on Wednesday release Q1 figures for construction work done, highlighting a light day for Asia-Pacific economic activity. Forecasts suggest an increase of 0.6 percent on quarter, easing from 0.7 percent in the three months prior. Japan will see May results for its consumer confidence index, with forecasts suggesting a reading of 39.1 -...
The South Korea stock market turned lower again on Tuesday, one day after ending the four-day losing streak in which it had dropped more than 55 points or 2.1 percent. The KOSPI now sits just shy of the 2,725-point plateau and it\'s likely to remain rangebound again on Wednesday. The global forecast for the Asian...
The Malaysia stock market has moved lower in three straight trading days, sinking almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau and it\'s likely to remain in that neighborhood again on Wednesday. The global forecast for the Asian markets is mixed and...