The China stock market headed south again on Thursday, one day after ending the three-day losing streak in which it had retreated more than 100 points or 3 percent. The Shanghai Composite Index now rests just above the 3,370-point plateau and it may see mild upside on Friday. The global forecast for the Asian markets...
The Hong Kong stock market moved lower again on Thursday, one day after snapping the three-day losing streak in which it had stumbled almost 700 points or 2.7 percent. The Hang Seng Index now rests just above the 19,750-point plateau and its expected to open to the upside on Friday. The global forecast for the...
The Indonesia stock market has finished lower in six straight sessions, plummeting more than 480 points or 5.6 percent in that span. The Jakarta Composite Index now rests just above the 6,975-point plateau although its overdue for support on Friday. The global forecast for the Asian markets remains murky on concerns over the outlook for...
The Thai stock market moved emphatically back to the downside again on Thursday, one day after ending the six-day losing streak in which it had stumbled more than 55 points or 4 percent. The Stock Exchange of Thailand now sits just above the 1,375-point plateau although it may see renewed support on Friday. The global...
Asian stocks were mostly lower on Friday amid concerns that U.S. President-elect Donald Trumps fiscal, trade and tariff policies could prompt the Federal Reserve to end its rate-cutting cycle. Oil and gold prices headed for a weekly decline as the dollar and U.S. Treasury yields continued to surge amid expectations for prolonged high U.S. interest...
Indian shares look set to open on a subdued note Friday as a weakening rupee fueled worries that foreign portfolio investors could sell holdings like they did in October. For the year so far, FIIs have net sold Rs 2.94 lakh crore worth of shares. IT stocks could be in focus today after Accenture beat...
Indian shares are seen opening sharply lower on Thursday, mirroring weak cues from global markets after the U.S. Federal Reserve forecast fewer interest-rate cuts next year. Benchmark indexes Sensex and Nifty fell around 0.6 percent each on Wednesday and the Indian rupee hit a new record low for the third consecutive day due to continued...
Indian shares opened on a weak note Thursday after the U.S. Federal Reserve delivered a 25-bps rate cut as expected but revised its projections to signal just two interest rate cuts next year compared to the four previously forecast, citing stubbornly high inflation. The benchmark S&P/BSE Sensex was down 923 points, or 1.2 percent, at...
Indian shares edged lower at open on Friday, extending losses for a fifth day running amid concerns that U.S. President-elect Donald Trumps fiscal, trade and tariff policies could prompt the Federal Reserve to end its rate-cutting cycle. The benchmark S&P/BSE Sensex was down 292 points, or 0.4 percent, at 78,825 in early trade while the...
Retail sales and public sector finance from the UK and business and consumer confidence from Italy are due on Friday. At 2.00 am ET, the Office for National Statistics is slated to issue UK retail sales and public sector finance data. Sales are forecast to grow 0.5 percent on month in November, in contrast to...