Asian stocks ended mostly higher on Wednesday as a rebound in tech stocks helped offset hawkish comments from Federal Reserve officials. Amid much uncertainty about the interest-rate outlook, investors braced for the release of key U.S. inflation reading, due later this week for directional cues. Federal Reserve governor Michelle Bowman has warned of upside risks...
German stocks rebounded on Wednesday, with sentiment underpinned by a rally in tech stocks on Wall Street overnight. Investors shrugged off the results of a closely watched survey that showed German consumer confidence is set to deteriorate in July as the economy struggles to gain momentum. After rising for four straight months, the consumer climate...
The Taiwan stock market on Friday wrote a finish to the three-day winning streak in which it had surged more than 900 points or 4 percent. The Taiwan Stock Exchange now sits just above the 23,250-point plateau and it may take further damage on Monday. The global forecast for the Asian markets is weak, with...
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...