Producer prices in Japan were up 2.9 percent on year in October, the Bank of Japan said on Tuesday. Thats up from the upwardly revised 2.8 percent increase in September (originally 2.6 percent) and exceeded expectations for a gain of 2.5 percent. On a monthly basis, producer prices jumped 0.8 percent after dipping 0.1 percent...
The Singapore stock market headed south again on Monday, one session after ending the two-day slide in which it had slipped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,730-point plateau and its expected to bounce higher again on Tuesday. The global forecast for the Asian markets is...
The Taiwan stock market has climbed higher in back-to-back sessions, advancing almost 400 points or 1.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 22,950-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global outlook, although...
The China stock market has moved lower in back-to-back sessions, slipping just 6 points or 0.2 percent in that span. The Shanghai Composite now sits just beneath the 3,265-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global outlook, although weak...
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 550 points or 3 percent along the way. The Hang Seng Index now sits just above the 19,150-point plateau although it may find traction on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the global...
The Thai stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and its expected to bounce higher again on Tuesday. The...
Asian markets broadly rallied and remained insulated from the turbulence in Chinas stock markets. Market sentiment in Japan improved considerably after headline inflation rate slowed to a nine-month low. Weak corporate earnings, worries about economic growth as well as concerns about the efficacy and sufficiency of stimulus measures contributed to the sell-off in China and...
The British pound weakened against other major currencies in the European session on Friday, as weak U.K. retail sales for October and PMI data for November triggered expectations among traders for interest-rate cuts by the Bank of England (BoE) in the December meeting. Data from S&P Global/CIPS showed that the Composite output index fell to...
The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded a decline on Friday amidst weaker-than-expected economic data. Sentiment was weakened amidst concerns about the bleak economic outlook for Germany as well as Europe. The HCOB Flash Germany Manufacturing PMI which was seen steady at 43...
Indian stocks rallied sharply and lifted the benchmark indices Sensex and the Nifty50 to a buoyant close on Friday, a day after suffering a setback following the indictment of Adani Group founder Gautam Adani and a few top executives by U.S. Securities Exchange Commission in an alleged bribery case. Exit polls indicating a victory for...