The services sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from Judo Bank revealed on Friday with a services PMI score of 53.6. That\'s down from 54.4 in March, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Central to the sustained...
The Malaysia stock market bounced higher again on Thursday, one session after ending the two-day winning streak in which it had advanced almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may add to its winnings on Friday. The global forecast for the Asian...
The Singapore stock market has moved higher in three straight sessions, collecting more than 15 points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 3,300-point plateau and it may extend its gains on Friday. The global forecast for the Asian markets is upbeat on an improved outlook for...
The Taiwan stock market has moved lower in back-to-back sessions, stumbling almost 275 points or 1.4 percent along the way. The Taiwan Stock Exchange now sits just above the 20,220-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is upbeat on an improved outlook for interest rates....
The Hong Kong stock market has moved higher in eight straight sessions, gathering more than 2,000 points or 11.8 percent along the way. The Hang Seng Index now sits just above the 18,200-point plateau and it\'s nonetheless tipped to open higher again on Friday. The global forecast for the Asian markets is upbeat on an...
Adding to the gains in the previous session, the Australian stock market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 7,600 level, with gains across most sectors led by technology stocks partially offset by weakness in gold mining stocks. The benchmark...
French financial services provider Societe Generale S.A. reported Friday that its first-quarter net profit declined from last year amid nearly stable net revenues. Gross operating income, however, increased from the prior year. In Paris, Societe Generale shares were gaining around 4.4 percent in the morning trading. Slawomir Krupa, Chief Executive Officer, said, \"We are progressing...
Indian shares ended Friday\'s session deep in the red despite encouraging cues from global markets. Giving up early gains, the benchmark S&P BSE Sensex ended the session down 732.96 points, or 0.98 percent, at 73,878.15. The broader NSE Nifty index hit record levels in the first hour of trade before reversing course to end at...
Canadian shares look headed for a positive start Friday morning, tracking firm crude oil prices and gains in European markets. Encouraging earnings updates from Apple Inc., is also likely to aid sentiment. Investors will also be reacting to a slew of earnings updates from Canadian and U.S. companies, and U.S. non-farm payroll data for April....
After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised...