Indian shares look set to open on a positive note Wednesday, mirroring gains in global markets. Volatility cannot be ruled out as oil prices climbed and concerns persist over high valuations. Analysts say that forward earnings do not justify valuations, especially in sectors that are linked to government policy actions, such as defense, railways, and...
The services sector in China continued to expand in June, although at a slower pace, the latest survey from Caixin showed on Wednesday with a service PMI score of 51.2. That\'s down from 54.0 in May, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Central to the latest expansion...
The Taiwan stock market has finished higher in two straight sessions, advancing more than 150 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,060-point plateau and it\'s called higher again on Tuesday. The global forecast for the Asian markets suggests little movement ahead of key U.S. employment...
Ahead of Monday\'s holiday for SAR Establishment Day, the Hong Kong stock market had ticked higher again - one day after ending the two-day winning streak in which it had added more than 60 points or 0.3 percent. The Hang Seng Index now rests just beneath the 17,720-point plateau and it\'s looking at a firm...
The Indonesia stock market has moved higher in four straight sessions, collecting more than 250 points or 3.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,140-point plateau and it\'s tipped to open in the green again on Tuesday. The global forecast for the Asian markets suggests little movement ahead...
The Thai stock market has moved lower in three straight sessions, slipping more than 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets suggests little movement ahead of key...
European stocks drifted lower on Tuesday, tracking a rise in U.S. Treasury yields after the U.S. Supreme Court ruled that former President Donald Trump is entitled to immunity from federal prosecution for official actions he took while in office. The landmark decision at the height of an election season stoked speculation about the possibility of...
Indian shares ended a choppy session marginally lower on Tuesday as a stronger dollar and rising Treasury yields in international markets weighed on investors\' appetite for risk. The U.S. dollar saw a notable rise while yields hit a one-month high after the U.S. Supreme Court ruled that presidents have absolute immunity from prosecution for core...
Lower futures point to a weak start for U.S. stocks Tuesday morning. The focus will be on Fed Chair Jerome Powell\'s speech at an European Central Bank event. Investors also await the Jobs Opening and Labor Turnover Survey (JOLTS) for the month of May, due at 10 AM ET. Later in the week, the Labor...
Bombardier, Inc. (BBD-B.TO) announced Tuesday it expects its supply contracts to be maintained to the highest standards of quality and performance. The company remains actively engaged with Spirit AeroSystems Holdings Inc. (SPR) as part of ordinary course of business under existing contracts.