The Hong Kong stock market on Tuesday snapped the five-day losing streak in which it had stumbled more than 800 points or 4.6 percent. The Hang Seng Index now sits just above the 17,230-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets is mixed and flat...
The Indonesia stock market bounced higher again on Tuesday, one day after snapping the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,760-point plateau although it may head south again on Wednesday. The global forecast for the Asian markets...
The South Korea stock market has finished lower in four straight sessions, plunging almost 140 points or 5.2 percent along the way. The KOSPI now rests just above the 2,540-point plateau and its expected to open under pressure again on Monday. The global forecast for the Asian markets is negative on concerns over the health...
The Malaysia stock market has moved lower in four straight sessions, slipping almost 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,650-point plateau and it may continue to spin its wheels again on Monday. The global forecast for the Asian markets is negative on concerns...
The Singapore stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had picked up almost 90 points or 2.8 percent. The Straits Times Index now sits just above the 3,450-point plateau and it may spin its wheels again on Monday. The global...
Overall bank lending in Japan was up 3.0 percent on year in August, the Bank of Japan said on Monday - coming in at 624.243 trillion yen, That was in line with expectations and down from the 3.2 percent increase in July. Excluding trusts, lending rose an annual 3.4 percent to 546.734 trillion yen, while...
Japan posted a current account surplus of 3.193 trillion yen in July, the Ministry of Finance said on Monday - up 15.1 percent on year. Thats up from the 1.533 trillion yen surplus in June. Imports were up 16.8 percent on year to 9.899 trillion yen, while exports rose an annual 9.4 percent to 9.417...
Japans gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the second quarter of 2024, the Cabinet Office said on Monday. That was shy of expectations for an increase of 0.8 percent, which would have been unchanged from the previous three months. On an annualized basis, GDP rose 2.9 percent - again...
The Taiwan stock market has tracked higher in back-to-back sessions, rallying more than 440 points or 2 percent along the way. The Taiwan Stock Exchange now rests just above the 21,435-point plateau although it may run out of steam on Monday. The global forecast for the Asian markets is negative on concerns over the health...
Asian stocks declined on Monday due to lingering worries about U.S. and Chinese growth. Responding to Fridays weak jobs data, U.S. Treasury Secretary Janet Yellen said that the U.S. economy remains strong and that recent months of cooler jobs data is a signal of a soft landing, not a recession. The dollar fluctuated ahead of...