The Singapore stock market has moved lower in back-to-back sessions, slipping almost 20 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,120-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets suggests mild consolidation ahead of key data later this...
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had rallied more than 270 points or 1.4 percent. The Taiwan Stock Exchange now sits just above the 19,300-point plateau and it\'s likely to open under pressure...
Indian shares struggled for direction on Monday despite firm cues from global markets. The benchmark S&P BSE Sensex was down 46 points at 73,759, giving up early gains. The broader NSE Nifty index was down 23 points at 22,361. Vedanta rose about half a percent on reports it plans to deleverage its $ 3 billion...
Investor confidence from the euro area is the top economic news due on Monday, headlining a light day for the European economic news. At 2.30 am ET, the Federal Statistical Office releases Swiss inflation data for February. Inflation is expected to ease to 1.1 percent from 1.3 percent in January. At 3.00 am ET, Spain\'s...
European stocks may open on a mixed note Monday as geopolitical worries persist. Israel boycotted Gaza ceasefire talks in Cairo after Hamas failed to respond to its demand for a hostage list. Asian markets traded mixed as investors awaited cues from China\'s annual policy meeting where Beijing\'s annual growth target and other key policies will...
CJ Foods Manufacturing Beaumont Corp. is recalling around 61,839 pounds of steamed chicken soup dumpling products citing potential contamination with foreign materials, specifically hard plastic from a permanent marker pen, the U.S. Department of Agriculture\'s Food Safety and Inspection Service or FSIS announced. The recall involves 6-oz. boxes with plastic trays containing six pieces of...
The U.S. dollar weakened against other major currencies in the Asian session on Monday. The U.S. dollar fell to 4-day lows of 1.0848 against the euro and 1.2667 against the pound, from last week\'s closing quotes of 1.0837 and 1.2650, respectively. Against the Swiss franc and the yen, the greenback dropped to 4-day lows of...
The U.S. dollar weakened against other major currencies in the Asian session on Monday, as investor sentiment edged higher following the broadly positive cues from global markets on Friday, amid bets the U.S. Fed will likely cut interest rate in June after data showed a slowdown in manufacturing activity and a drop in consumer sentiment...
EDAP TMS SA (EDAP) announced Monday that its Focal One platform has been granted Breakthrough Device designation by the US Food and Drug Administration (FDA) for the treatment of deep infiltrating endometriosis (DIE). Focal One HIFU is a non-invasive, robotic ablative procedure using a high-intensity ultrasound probe to deliver tissue devitalization through use of acoustic...
Inflation trends mattered much to the currency markets during the period February 24 to March 1, 2024. The week witnessed the U.S. Dollar weakening against the Euro as well as the Japanese Yen but strengthening against the British Pound and the Australian Dollar amidst divergent inflation trends. The 6-currency Dollar Index also recorded weekly losses....