After reporting an unexpected pullback by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further downside in the week ended October 19th. The report said initial jobless claims fell to 227,000, a decrease of 15,000 from the previous weeks revised...
The Malaysia stock market has moved lower in four straight sessions, slipping almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,630-point plateau although its due for support on Friday. The global forecast for the Asian markets is mixed to higher, likely driven by the...
The Singapore stock market has moved higher in two straight sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,600-point plateau and it may add to its winnings on Friday. The global forecast for the Asian markets is mixed to higher, likely driven by...
The Taiwan stock market has moved lower in three straight sessions, shedding almost 350 points or 1.5 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,200-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is mixed to higher, likely driven by the...
The China stock market on Thursday snapped the four-day winning streak in which it had rallied more than 135 points or 4 percent. The Shanghai Composite now sits just above the 3,280-point plateau although its likely to bounce higher again on Friday. The global forecast for the Asian markets is mixed to higher, likely driven...
The Hong Kong stock market on Thursday snapped the two-day winning streak in which it had advanced more than 280 points or 1.4 percent. The Hang Seng Index now sits just beneath the 20,490-point plateau although its expected to open to the upside on Friday. The global forecast for the Asian markets is mixed to...
The Thai stock market has tracked lower in four straight sessions, slipping almost 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,460-point plateau although it may find traction on Friday. The global forecast for the Asian markets is mixed to higher, likely driven by the...
The South Korea stock market headed south again on Tuesday, one day after ending the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,570-point plateau and it may tick lower again on Wednesday. The global forecast for the Asian markets is soft thanks...
Growth in the employee earnings in the U.K. stalled in the September quarter and the rate of increase is expected to fall next year as employers weigh the cost, the performance of their companies and possibly lower inflationary pressures. Median pay award forecast for the next 12 months was 3 percent, nearly two percentage points...
Lower stock futures and commodity prices point to a weak start for the Canadian market on Wednesday. The focus will be on the Canadian central banks interest rate decision due after the opening bell. The Bank of Canada is scheduled to announce its monetary policy at 9:45 AM ET. The central bank is widely expected...