The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 51.1. Thats down from 51.2 in November, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. Incoming new orders rose...
The China stock market has finished lower in three straight sessions, plummeting almost 200 points or 6 percent in that span. The Shanghai Composite Index now sits just above the 3,210-point plateau although its due for support on Monday. The global forecast for the Asian markets is upbeat, with support expected from the technology and...
The Indonesia stock market has moved higher in three straight sessions, collecting almost 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 7,160-point plateau and its expected to open to the upside again on Monday. The global forecast for the Asian markets is upbeat, with support expected...
The Thai stock market on Friday snapped the two-day slide in which it had slumped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,385-point plateau and its expected to open higher again on Monday. The global forecast for the Asian markets is upbeat, with support expected...
Asian stocks fluctuated on Monday despite U.S. stocks rebounding sharply on Friday, led by gains in the technology sector. The dollar was mixed against major currencies after positive U.S. House Speaker election results. Chinas onshore yuan breached a key milestone for the first time since late 2023 amid reports that the Peoples Bank of China...
Indian shares look set to open on a positive note Monday after U.S. stocks showed a strong move back to the upside during trading on Friday. That said, a cautious undertone may prevail as foreign portfolio investors continue their selling spree and investors wait for cues from the Q3 earnings season, beginning with TCS this...
Indian shares opened a tad lower on Monday, mirroring weak cues from global markets. The benchmark S&P/BSE Sensex was down 132 points, or 0.2 percent, at 79,096 in early trade while the broader NSE Nifty index was down 76 points, or 0.3 percent, at 23,928. Among the prominent decliners, Hindalco, Coal India, BPCL, Tata Steel...
Asian stocks ended flat to lower on Monday, though Seoul stocks rallied after a court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president. Japanese markets led declines due to profit taking following the Nikkei stock indexs record year-end close. Chinese and Hong Kong markets ended on...
European stocks started the week on a positive note, with banks and technology stocks leading the surge ahead of key U.S. and European economic data due later in the week. The pan European STOXX 600 was up 0.1 percent at 508.77 after the tech-heavy Nasdaq Composite jumped 1.8 percent and the S&P 500 surged 1.3...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, as Chinas service sector grew at the fastest pace in seven months in December underpinned by greater business inflows. Data from S&P Global showed that the services Purchasing Managers Index posted...