Indian shares tumbled on Monday, with selling seen across the board as a stronger dollar and elevated U.S. bond yields added to concerns over continued foreign fund outflows. Caution ahead of the Q3 earnings season and reports of a new virus outbreak in China also weighed on markets. The Indian government has confirmed two cases...
U.K. stocks are down in negative territory Monday morning, weighed down by rating downgrades of a few big name stocks. The benchmark FTSE 100 is down marginally even as other key index in Europe, such as the DAX and CAC 40, are up firmly in positive territory. The FTSE 100, which dropped to 8,197.50 earlier...
The euro area private sector contracted only fractionally in December as services activity bounced back, final results of the purchasing managers survey by S&P Global showed on Monday. The composite output index rose to 49.6 in December from 48.3 in the previous month. The score was slightly above the flash estimate of 49.5. Nonetheless, the...
The euro area economy is in the danger of plunging even deeper into crisis and the room for the European Central Bank for maneuver is diminishing rapidly, the behavioral research institute Sentix said Monday. Eurozone investor confidence sunk to the lowest level since November 2023 with the corresponding index falling to -17.7 in January from...
The South Korea stock market has moved higher two straight sessions, accelerating almost 90 points or 3.6 percent along the way. The KOSPI now sits just beneath the 2,490-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is positive, with technology stocks expected to lead...
The Japanese stock market has moved lower in back-to-back sessions, plunging more than 970 points or 2.5 percent along the way. The Nikkei 225 now rests just above the 39,300-point plateau although its due for support on Tuesday. The global forecast for the Asian markets is positive, with technology stocks expected to lead the markets...
The Malaysia stock market has finished lower in three straight sessions, sinking more than 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,625-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is positive, with technology stocks expected...
The monetary base in Japan was down 1.0 percent on year in December, the Bank of Japan said on Tuesday - coming in at 658.524trillion yen. That missed expectations for an annual decline of 0.2 percent following the downwardly revised 0.3 percent contraction in November (originally -0.1 percent). Banknotes in circulation were down 0.6 percent,...
The Taiwan stock market has climbed higher in consecutive trading days, accelerating more than 700 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,550-point plateau and its got a solid lead again on Tuesday. The global forecast for the Asian markets is positive, with technology stocks expected...
The total number of building permits issued in Australia was down a seasonally adjusted 3.6 percent on month in November, the Australian Bureau of Statistics said on Tuesday - coming in at 14,998. That missed expectations for a decline of 0.9 percent following the 4.2 percent increase in October. The number of permits issued for...