The Taiwan stock market has finished lower in back-to-back sessions, slumping more than 610 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just above the 22,330-point plateau and it may be in store for more pain on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed...
The value of new capital expenditure in Australia was up a seasonally adjusted 1.1 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Thursday - coming in at A$43.838 billion. That beat forecasts for an increase of 0.9 percent following the 2.2 percent decline in the three months...
The China stock market on Wednesday wrote a finish to the three-day slide in which it had slipped just 10 points or 0.3 percent. The Shanghai Composite now sits just beneath the 3,310-point plateau although if figures to head south again on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed...
The Hong Kong stock market has moved higher in two straight sessions, advancing more than 450 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 19,600-point plateau although it may run out of steam on Thursday. The global forecast for the Asian markets suggests mild consolidation on renewed...
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday. Against the U.S. dollar, the rupee fell to a 6-day low of 84.498 from yesterdays closing value of 84.410. If the rupee extends its downtrend, it is likely to find support around the 85.00 area.
Asian stocks ended mixed in thin cautious trade on Thursday amid the Thanksgiving holiday in the U.S. Amid much uncertainty about U.S. President-elect Donald Trumps tariff policies and the Federal Reserves interest-rate path, investors looked ahead to a key economic meeting of Chinese policymakers next month, where there could be more stimulus actions to boost...
European shares rebounded on Thursday, with technology stocks rising after reports emerged that U.S. restrictions on sales of semiconductor technology and AI memory chips to China would not be as severe as previously expected. The upside remained capped somewhat amid worries that a French budget standoff may topple the government. The pan-European STOXX 600 was...
Indian shares ended sharply lower on Thursday after a modest start. Weak global cues, profit booking after recent gains and volatility as a result of the expiry of monthly derivative contracts weighed on domestic markets. Global cues were tepid as uncertainty prevailed over U.S. President-elect Donald Trumps tariff policies and the Federal Reserves interest rate...
Eurozone economic confidence rose unexpectedly in November on improving sentiment among industrial managers and retailers, survey results from the European Commission revealed on Thursday. The economic confidence index rose slightly to 95.8 in November from revised 95.7 in the previous month. The score was expected to fall to 95.1 from Octobers initially estimated value of...
The South African rand recovered against the U.S. dollar in the New York session on Thursday. The South African rand rose to 18.09 against the greenback, from an early nearly 2- week low of 18.26. If the currency rises further, it is likely to test resistance around the 17.5 region.