A report released by the Commerce Department on Tuesday showed a substantial increase in the size of the U.S. trade deficit in the month of September, as imports surged and exports slumped. The Commerce Department said the trade deficit widened to $84.4 billion in September from a revised $70.8 billion in August. Economists had expected...
The Taiwan stock market has moved higher in back-to-back sessions, gathering more than 325 points or 1.5 percent along the way. The Taiwan Stock Exchange now rests just above the 23,100-point plateau and its expected open to the upside again on Wednesday. The global forecast for the Asian markets is upbeat thanks to optimism over...
The services sector in Japan fell into contraction territory in October, the latest survey from Jibun Bank revealed on Wednesday with a services PMI of 49.7. Thats down from 53.1 in September, and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction. Business activity fell for the first time in four...
The China stock market has moved higher in two consecutive trading days, accelerating more than 110 points or 3.3 percent in that span. The Shanghai Composite now sits just above the 3,385-point plateau and its expected to open higher again on Wednesday. The global forecast for the Asian markets is upbeat thanks to optimism over...
The Indonesia stock market on Tuesday ended the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,490-point plateau and it may extend its gains on Wednesday. The global forecast for the Asian markets is upbeat thanks to optimism over the U.S....
The Thai stock market on Tuesday snapped the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,480-point plateau and its tipped to open higher again on Wednesday. The global forecast for the Asian markets is upbeat thanks to optimism...
Australia will on Monday see October results for the inflation gauge from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In the previous month, the inflation forecast showed an increase of 0.1 percent on month. Australia also will see October figures for job ads from ANZ; in September, job ads were up...
The South Korea stock market has moved lower in three straight sessions, dropping almost 75 points or 2.9 percent along the way. The KOSPI now sits just above the 2,540-point plateau although it may find traction on Monday. The global forecast for the Asian markets is positive on solid earnings news and renewed optimism over...
The Malaysia stock market has finished higher in two of three trading days since the end of the six-day losing streak in which it had stumbled more than 35 points or 2.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau and it may add to its winnings on Monday. The...
German stocks were little change on Monday due to persisting Middle East tensions and investor anxiety ahead of this weeks U.S. presidential election and the Federal Reserves interest-rate decision. With just 1 day until the U.S. elections, over 75 million early votes have already been cast, according to University of Florida estimates. Voters will determine...