The Singapore stock market has moved higher in back-to-back sessions, gathering more than 50 points or 1.5 percent along the way. The Straits Times Index now sits just above the 3,440-point plateau and its expected to add to its winnings again on Monday. The global forecast for the Asian markets is upbeat on optimism over...
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 100 points or 0.4 percent. The Taiwan Stock Exchanged now rests beneath the 22,270-point plateau and its expected to open in the green again...
The manufacturing sector in Malaysia continued to contract in August, and at a steady pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.7. Thats unchanged from the previous month and remains beneath the boom-or-bust line of 50 that separates expansion from contraction. The latest PMI data suggest...
The manufacturing sector in the Philippines continued to expand in August, and at a steady pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.2. Thats unchanged from the previous month and remains above the boom-or-bust line of 50 that separates expansion from contraction. Underlying data signaled improved...
The manufacturing sector in Japan continued to contract in August, albeit at a slower rate, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.8. Thats up from 49.1 in July, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Latest data showed a...
Indian shares opened on a positive note Monday amid optimism over potential U.S. rate cuts and a continued decline in oil prices on prospect of higher OPEC+ supply. The benchmark S&P/BSE Sensex was up 230 points, or 0.3 percent, at 82,595 in early trade while the broader NSE Nifty index was up 58 points, or...
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...
European stocks are likely to open on a mixed note Monday amid the Labour Day holiday in the U.S. Asian stocks traded mixed, with Chinese and Hong Kong markets declining after an official survey showed activity in Chinas manufacturing sector reached a six-month low in August. A private survey revealed Chinas manufacturing activity swung back...
Final factory Purchasing Managers survey results from the euro area and the UK are the top economic news due on Monday. At 3.15 am ET, Spains manufacturing PMI data is due. The index is forecast to rise to 52.1 in August from 51.0 in July. At 3.45 am ET, S&P Global publishes Italys manufacturing PMI...
Unemployment data from Spain is the only major report due on Tuesday, headlining a light day for the European economic news. At 2.30 am ET, the Federal Statistical Office is slated to issue Swiss consumer prices for August. Inflation is forecast to ease to 1.2 percent from 1.3 percent in July. Also, final GDP data...