Indian shares ended slightly lower on Monday as heightened geopolitical tensions in the Middle East offset bets of a Federal Reserve rate cut later this month. Also helping cap the downside, Chinas top leaders have pledged to loosen monetary policy and provide more support for the slowing economy. In geopolitical news, the anti-government rebels on...
Eurozone investor confidence deteriorated in December as the weakness of the German economy together with the political crisis in France dragged down the EU economy, results of the Sentix survey showed Monday. The Sentix investor confidence index for Eurozone fell to -17.5 from -12.8 in November, the behavioral research think tank said. This was the...
Canadian shares may open higher on Monday with energy and materials stocks attracting buyers thanks to firm crude oil and bullion prices. The mood is likely to remain cautious with investors looking ahead the Bank of Canadas interest rate decision, and U.S. consumer and producer price inflation data, due later in the week. Swedish miner...
The Indian government on Monday named a top bureaucrat Sanjay Malhotra as the new governor of the Reserve Bank of India. Malhotra, who is currently the revenue secretary in the Ministry of Finance, will take charge from December 11 for a period of three years. He will succeed Shaktikanta Das who has held the post...
The Canadian market hit a new record high in early trades on Monday, but soon slipped and fell into negative territory and stayed weak right till the end of the session as investors stayed cautious, looking ahead to the Bank of Canadas policy announcement and a slew of crucial economic data from the U.S. The...
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent. Australia also will see November results for the surveys of business...
The South Korea stock market has finished lower in four straight sessions, slumping almost 140 points or 5.6 percent along the way. The KOSPI now sits just above the 2,360-point plateau and its likely to take further damage again on Tuesday. The global forecast for the Asian markets is soft on weakness from the technology...
The Japanese stock market bounced higher again on Monday, one session after ending the four-day winning streak in which it had advanced almost 1,200 points or 3.2 percent. The Nikkei 225 now sits just above the 39,160-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is...
The Malaysia stock market has ticked lower in two straight sessions, slipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may extend its losses again on Tuesday. The global forecast for the Asian markets is soft on weakness from the...
The M2 money stock in Japan was up 1.2 percent on year in November, the Bank of Japan said on Tuesday - standing at 1,255.0 trillion yen. That was in line with expectations and unchanged from the previous two months. The M3 money stock rose an annual 0.7 percent for the third straight month, coming...