The Malaysia stock market inched higher again on Tuesday, one day after ending the modest two-day winning streak in which it had collected almost 7 points or 0.5 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau although it may see mild selling pressure on Wednesday. The global forecast for the...
The Taiwan stock market on Thursday ended the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,560-point plateau although it\'s likely to see renewed support on Friday. The global forecast is upbeat on an improving outlook for interest rates....
Equity markets in Asia traded on a mixed note ahead of elections in Japan over the weekend and uncertainty over the impact on Bank of Japans monetary policy stance. However positive sentiment prevailed in the Chinese bourses ahead of the upcoming session of Chinas top legislature in the first week of November. Chinas Shanghai Composite...
JAKARTA - PT Indika Indonesia Resources (IIR), a subsidiary ofPT Indika Energy Tbk (INDY), has divested 60% of PT Mitra Energi Agung (MEA) to PT Niaga Gilang Persada (NGP). The signing of share sale and purchase agreement took place last week (3/10). Adi Pramono, Corporate Secretary of INDY, mentioned that the number of shares of...
The U.S. dollar was higher against its major counterparts in the New York session on Friday, as the nation\'s private sector activity accelerated in June, marking the highest level since April 2022. Flash PMI data from S&P Global showed that U.S. composite PMI reached a twenty six-month high in June, rising to 54.6 from 54.5....
The Hong Kong stock market on Wednesday snapped the three-day winning streak in which it had surged more than 850 points or 5.2 percent. The Hang Seng Index now sits just above the 17,080-point plateau and it may see additional weakness on Thursday. The global forecast is mixed and flat amid a lack of catalysts,...
Singapores gross domestic product expanded 5.4 percent on year in the third quarter of 2024, the Ministry of Trade and Industry said on Friday, accelerating from the 3.0 percent gain in the three months prior. On a seasonally adjusted quarterly basis, the economy grew by 3.2 percent, accelerating from the 0.5 per cent expansion in...
By James Pearson and Christopher Bing WASHINGTON (Reuters) -The hackers responsible for the breach at UnitedHealth Group (NYSE:UNH) appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and replacing their old website with a bogus statement from law enforcement. The U.S. insurer disclosed on Feb. 21 that Blackcat...
U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news. The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 8,042 after finishing marginally higher on Wednesday. Burberry shares jumped nearly 15 percent after new CEO of the fashion brand, Joshua Schulman, pledged to stabilize the business with a...
New York-based Fisher-Price Inc., owned by toymaker Mattel, Inc., has called back about 366,200 units of Dumbbell toy sold with Baby Biceps Gift Set citing choking hazard, according to the U.S. Consumer Product Safety Commission. In addition, about 37,850 units were sold in Canada. The recall involves the plastic dumbbell toy sold with the Fisher-Price...