The China stock market has moved lower in three straight sessions, stumbling more than 30 points or 1 percent along the way. The Shanghai Composite Index now sits just beneath the 3,000-point plateau although it\'s due for support on Monday. The global forecast for the Asian markets is weak, with oil and technology stocks likely...
The Hong Kong stock market has moved lower in two straight session, sinking more than 400 points or 2.2 percent along the way. The Hang Seng Index now rests just beneath the 18,030-point plateau although it\'s likely to halt its slide on Monday. The global forecast for the Asian markets is weak, with oil and...
The Australian stock market is currently trading significantly lower on Monday, giving up the slight gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 is staying below the 7,800.00 level, with weakness in mining and energy stocks partially offset by gains in technology stocks. The benchmark...
The Thai stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had collected more than 7 points or 0.6 percent. The Stock Exchange of Thailand now rests just above the 1,300-point plateau although it\'s likely to head south again on Monday. The global forecast for the...
European stocks traded higher on Monday ahead of this week\'s U.S. presidential debate and France\'s snap parliamentary election. The dollar slipped and bond yields eased as investors await key U.S. inflation data and comments from Federal Reserve officials this week for clarity on the Fed\'s rate path. The pan European STOXX 600 was up half...
Apple Inc. has discussed with Meta Platforms about potentially integrating the Facebook parent\'s generative AI model into Apple Intelligence, the Wall Street Journal reported citing people familiar with the matter. Apple Intelligence, the tech major\'s AI system for iPhones and other devices, was introduced at its annual developers conference in early June. At that time,...
Indian shares fluctuated before finishing modestly higher on Monday as the dollar and yields eased ahead of a busy week on the U.S. economic calendar. A slew of U.S. data including the Fed\'s preferred PCE index, comments from Fed officials, upcoming French and U.K. elections, and Thursday\'s clash between U.S. Democratic President Joe Biden and...
Enbridge Inc. (ENB, ENB.TO) and Six Nations Energy Development LP (Six Nations) - a newly-created consortium of Cowessess First Nation, George Gordon First Nation, Kahkewistahaw First Nation, Metis Nation-Saskatchewan, Pasqua First Nation and White Bear First Nations - announced Monday plans to advance development of a new wind energy project southeast of Weyburn, Saskatchewan. The...
Vista Outdoor Inc. (VSTO) announced Monday that it entered into an amendment to the merger agreement with Czechoslovak Group a.s., whereby Czechoslovak Group raised its offer for the base purchase price payable for the acquisition of The Kinetic Group business by $40 million to $2 billion from $1.96 billion. It also increased the cash consideration...
Germany\'s business sentiment softened in June due to more pessimistic expectations, highlighting the hardship that the economy faces amid headwinds, survey results from the ifo Institute showed on Monday. The business confidence index fell to a three-month low of 88.6 in June from 89.3 in May. The score was forecast to rise slightly to 89.7....