The Singapore stock market has moved higher in back-to-back sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 3,330-point plateau although it may be stuck in neutral on Wednesday. The global forecast for the Asian markets is mixed and flat ahead of the next...
The Taiwan stock market has moved higher in two straight sessions, gathering almost 300 points or 1.3 percent along the way. The Taiwan Stock Exchange now rests just shy of the 21,860-point plateau and it may spin its wheels on Wednesday. The global forecast for the Asian markets is mixed and flat ahead of the...
The China stock market headed south again on Tuesday, one day after ending the two-day losing streak in which it had slumped almost 70 points or 2.2 percent. The Shanghai Composite Index now sits just above the 3,110-point plateau and it\'s expected to see little movement on Wednesday. The global forecast for the Asian markets...
Canadian shares may open a bit higher Friday morning on bargain hunting after losses in the previous two sessions. Data from Statistics Canada showed retail sales in Canada decreased 0.2% in March over the previous month. Retail sales in Canada rose by 1.9% from the corresponding period of the previous year in March, up from...
The German economy expanded as initially estimated in the first quarter and avoided a recession, thanks to the rebound in investment and exports. Gross domestic product expanded 0.2 percent sequentially in the first quarter, in contrast to the 0.5 percent decrease in the preceding three months, Destatis reported Friday. The statistical office confirmed the flash...
Infrastructure company Ferrovial SE (FRRVY.PK, FRRVF.PK) announced Friday that through its construction subsidiary Webber, it was awarded nine new contracts totaling $1.2 billion for construction and maintenance projects in the U.S. and Canada. The work includes roadway improvements, bridge construction, expansion of water treatment plants, and road maintenance. Ferrovial secured its first contract in Tennessee,...
Tesla founder and CEO Elon Musk, while speaking at a technology conference in Paris, said that he doesn\'t support President Biden\'s recent announcement of a tariff on imported Chinese-made electric vehicles. At the Viva Technology conference, Musk said, \"Tesla competes quite well in the market in China with no tariffs and no deferential support... I\'m...
As part of it\'s employee participation program this year, the Executive Board of Fraport AG Frankfurt Airport Services Worldwide has decided to buy back own shares through the stock exchange. To fulfill all claims up to 75,000 of its own shares (about 0.081 percent of the capital stock) will be bought back. The share buyback...
UK retail sales declined more than expected in April as poor weather reduced footfall, official data revealed on Friday. Meanwhile, a monthly survey conducted by the market research group GfK showed that British consumer sentiment strengthened in May as households\' became more optimistic about future personal finances and general economic outlook. The retail sales volume...
The Hong Kong stock market has moved lower in four straight sessions, tumbling more than 1,030 points or 5.5 percent along the way. The Hang Seng Index now sits just beneath the 18,610-point plateau and now it\'s tipped to open in the green on Monday. The global forecast for the Asian markets is cautiously optimistic,...