The Singapore stock market has finished lower in two straight sessions, slipping almost 20 points or 0.6 percent in that span. The Straits Times Index now sits just beneath the 3,740-point plateau although its due for support on Friday. The global forecast for the Asian markets is upbeat on solid earnings news and support from...
The manufacturing sector in Japan continued to contract in November, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.0. Thats down from 49.2 in October, although it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction. The decline signaled...
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...
The Hong Kong stock market on Thursday wrote a finish to the three-day winning streak in which it had rallied more than 275 points or 1.4 percent. The Hang Seng Index now sits just above the 19,600-point plateau although it may see renewed support on Friday. The global forecast for the Asian markets is upbeat...
The Indonesia stock market has finished lower in back-to-back sessions, slumping almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 7,140-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is upbeat on solid earnings news and support from...
European stocks closed weak on Tuesday amid an escalation in Russia - Ukraine war and concerns about the outlook for global economic growth rendered the mood bearish. Investors moved away from riskier assets after Russian President Vladimir Putin updated nuclear doctrine. Kremlin has warned that it would consider a nuclear strike if it was subject...
The Canadian dollar strengthened against its major counterparts in the New York session on Tuesday, following the release of hotter-than-expected inflation data for October. Data from Statistics Canada showed that the consumer price index rose 2.0 percent year-over-year in October, following a 1.6 percent increase in September. Economists had expected a 1.9 percent increase. On...
Producer prices in South Korea were down a seasonally adjusted 0.1 percent on month in October, the Bank of Korea said on Wednesday - after easing 0.2 percent in September. Individually, prices for agricultural, forestry and marine products dropped 8.7 percent on month, while manufacturing products and services both rose 0.2 percent and utilities added...
Japan will on Wednesday release October figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to sink 0.3 percent on year after rising 2.1 percent in September. Exports are called higher by an annual 2.2 percent after slipping 1.7 percent in the previous month. The trade...
Canadian stocks tumbled Tuesday morning, hurt by hot inflation data and escalating geopolitical tensions, but recovered gradually to eventually end the days session on a slightly positive note. Data from Statistics Canada showed the annual inflation rate in Canada rose to 2% in October from an over-three-year low of 1.6% in the previous month. The...