The Hong Kong stock market has moved higher in two of three trading days since the end of the two-day slide in which it had stumbled almost 400 points or 2.5 percent. The Hang Seng Index now sits just above the 16,540-point plateau, although it may hand back some of those gains on Tuesday. The...
The Indonesia stock market has finished lower in three straight sessions, tumbling almost 220 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 7,160-point plateau although it\'s due for support on Tuesday. The global forecast for the Asian markets offers little clarity with the outlook for interest rates...
Recouping some of the losses in the previous session, the Japanese stock market is notably higher on Tuesday, with the Nikkei 225 moving well above the 39,900 level, despite the mostly negative cues from Wall Street overnight, with gains across most sectors led by index heavyweights and technology stocks. The benchmark Nikkei 225 Index is...
The Thai stock market has moved higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,380-point plateau although it may run out of steam on Tuesday. The global forecast for the Asian markets offers little clarity with the...
Asian stock markets are mostly higher in thin trading on Friday when most of the markets are on Good Friday holiday, following the mixed cues from Wall Street overnight, as traders were reluctant to make significant moves ahead of the release of US inflation data later in the day that could impact the outlook for...
The euro weakened against other major currencies in the Asian session on Friday. The euro fell to an 8-day low of 0.8535 against the pound, a 4-day low of 0.9720 against the Swiss franc and nearly a 2-week low of 162.94 against the yen, from early highs of 0.8550, 0.9736 and 163.55, respectively. Against the...
Inflation figures from France and Italy are the only main news due on Friday while several other major markets remain closed for a public holiday. At 3.45 am ET, France\'s statistical office INSEE publishes flash inflation, producer prices and household spending figures. Consumer price inflation is forecast to ease to 2.6 percent in March from...
The euro weakened against other major currencies in the Asian session on Friday, as traders bet on the European Central Bank\'s interest rate cut in the month of June in the wake of dovish comments from the ECB policymaker Francois Villeroy de Galhau. While speaking at Paris Dauphine University on Thursday, the ECB policymaker and...
Core inflation in Japan\'s capital softened in March but continued to remain above the 2 percent target adding to the dilemma of the Bank of Japan as to how to steer the monetary policy after exiting negative interest rates earlier this month. Core inflation that excludes fresh food eased slightly to 2.4 percent, as expected,...
On April 1, the China announced a groundbreaking initiative led by Conflux Network – the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative.” The announcement, shared in an X post by Conflux Network, signifies a significant step towards China leveraging blockchain technology to facilitate seamless and secure cross-border transactions. Research Institute Hosts...