The Taiwan stock market has moved lower in back-to-back sessions, slipping more than 500 points or 2.1 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,880-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
The China stock market has moved higher in three straight sessions, collecting almost 35 points or 1.1 percent in that span. The Shanghai Composite Index now sits just beneath the 2,975-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
The Indonesia stock market on Monday ended the four-day winning streak in which it had advanced almost 80 points or 1.1 percent. The Jakarta Composite Index now sits just beneath the 7,280-point plateau although it\'s poised to rebound on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
QuickLogic Corp. (QUIK) announced Tuesday a new distribution agreement with Spur Microwave Inc. that will significantly strengthen QuickLogic\'s presence and support for customers across the growing India market. Spur India is a prominent electronics distributor providing services and solutions for space, avionics, and other harsh environment applications where reliability is critical. Spur Microwave will now...
Starboard Value LP, which holds approximately 6.6% of the outstanding common shares of online dating service company Match Group, Inc. (MTCH), announced Tuesday it sent a letter to the Company\'s Chief Executive Officer, President & Chief Financial Officer, and Board of Directors regarding actionable opportunities for enhancing shareholder value. In addition, the letter lays out...
Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company\'s shareholders for the second quarter decreased 10 percent to $2.94 billion or $1.82 per share from $2.05 billion or $1.24 per share in the year-ago quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report earnings...
Higher bullion prices point to a positive start for Canadian stocks on Tuesday. However, Canadian inflation data, due before the opening bell, is likely to set the trend. Data on Canadian inflation for the month of June is due at 8:30 AM ET. The annual inflation in Canada rose to 2.9% in May, from a...
Japan will on Tuesday see May results for its tertiary industry activity index, highlighting a light day for Asia-Pacific economic activity. In April, the index was up 1.9 percent on month to a reading of -9.50. South Korea will see June data for import and export prices; in May, import prices were up 4.6 percent...
The U.S. dollar firmed against some of its major counterparts on Monday as prospects of former president Donald Trump getting re-elected in the upcoming presidential election in November increased after an attempt on his life by a shooter on Saturday. The dollar remained subdued for quite sometime today after comments from Fed Chair Jerome Powell...
The Canadian market moved on to a new all-time high on Monday, extending gains to a fourth straight session, thanks to gains in energy sector. Optimism about an interest rate cut by the Federal Reserve in September continued to aid sentiment. The benchmark S&P/TSX Composite Index, which scaled a new intra-day high, rising to 22,818.42,...