The Singapore stock market has tracked higher in six straight sessions, collecting more than 110 points or 3 percent along the way. The Straits Times Index now rests just above the 3,820-point plateau although investors are likely to lock in gains on Friday. The global forecast for the Asian markets is flat to lower ahead...
The Taiwan stock market has tracked higher in four straight sessions, improving more than 1,000 points or 4.3 percent in that span. The Taiwan Stock Exchange now rests just above the 23,260-point plateau although its likely to open under pressure on Friday. The global forecast for the Asian markets is flat to lower ahead of...
The China stock market ticked higher again on Thursday, one day after ending the three-day winning streak in which it had advanced almost 85 points or 2.6. The Shanghai Composite now sits just beneath the 3,370-point plateau although it may head south again on Friday. The global forecast for the Asian markets is flat to...
The Hong Kong stock market has finished lower in two straight sessions, sinking almost 200 points or 1 percent along the way. The Hang Seng Index now sits just above the 19,560-point plateau and its expected to open under water again on Friday. The global forecast for the Asian markets is flat to lower ahead...
The Indonesia stock market on Thursday snapped the two-day winning streak in which it had rallied almost 280 points or 3 percent. The Jakarta Composite Index now sits just above the 7,310-point plateau and it may extend its losses on Friday. The global forecast for the Asian markets is flat to lower ahead of key...
Ahead of Thursdays holiday for King Bhumibols birthday, the Thai stock market had ended the two-day winning streak in which it had advanced almost 30 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its looking at another soft start again on Friday. The global forecast for...
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as slower domestic growth spurred bets that the Reserve Bank of Australia (RBA) is likely to cut interest rates in early 2025. Also, a private survey showed that Chinas services sector grew less than expected in November. Data from the Australian...
European stocks were moving higher on Wednesday after Eurozone November final services PMI was confirmed at 49.5 versus 49.2 preliminary. Meanwhile, the global economy is projected to remain resilient despite significant challenges, according to the latest economic outlook report from the Organization for Economic Co-operation and Development (OECD). The report projects global GDP growth of...
Indian shares ended slightly higher on Wednesday despite political uncertainties in France and South Korea. Sentiment was underpinned by firm global cues and foreign institutional investors (FIIs) slowing down their selling spree. There was also some cheer on the data front as a survey showed Indias services PMI remained strong at 58.4 in November. The...
An estimated 197 million people shopped during the five-day holiday weekend from Thanksgiving through Cyber Monday in the United States, but lower than last years record of 200.4 million, an annual survey by the National Retail Federation or NRF shows. However, Black Friday shoppers grew from last year, and remained the most popular day for...