The Taiwan stock market rebounded on Thursday, one session after ending the four-day winning streak in which it had surged more than 680 points or 3.2 percent. The Taiwan Stock Exchange now rests just above the 23,050-point plateau and its expected to open in the green again on Friday. The global forecast for the Asian...
The China stock market has alternated between positive and negative finishes through the last seven trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,170-point plateau and it nay bounce higher again on Friday....
The Hong Kong stock market has moved lower in four straight sessions, stumbling almost 1,100 points or 5.2 percent along the way. The Hang Seng Index now sits just shy of the 20,080-point plateau although its due for support on Friday. The global forecast for the Asian markets suggests mild upside on decent earnings and...
The Thai stock market has moved higher in two straight sessions, collecting almost 30 points or 2.1 percent in that span. The Stock Exchange of Thailand now rests just above the 1,495-point plateau and its expected to open to the upside again on Friday. The global forecast for the Asian markets suggests mild upside on...
Indian shares opened on a weak note Wednesday, tracking weak cues from global markets. The benchmark 30-share BSE Sensex was down 120 points, or 0.2 percent, at 81,699 in early trade while the broader NSE Nifty index was down 38 points, or 0.2 percent, at 25,019. Bajaj Auto edged up slightly ahead of its earnings...
European stocks were broadly lower on Wednesday as investors digested a slew of disappointing earnings updates and awaited a European Central Bank policy meeting on Thursday for directional cues. Markets currently eye two more rate cuts from the euro areas central bank this year amid a weak growth outlook and lower inflation. The pan-European STOXX...
The British pound weakened against other major currencies in the European session on Wednesday, after U.K. inflation fell below the 2 percent target and also hit the lowest in more than three years in September, piling pressure on the Bank of England to ease policy at the November meeting. Data from the Office for National...
Indian shares closed lower on Wednesday, with continued foreign fund outflows, reduced bets on larger Fed rate cuts and disappointing earnings updates from the likes of LVMH and ASML Holding weighing on markets. The downside, nevertheless, remained capped after oil prices succumbed to heavy selling pressure the previous day following reports that an Israeli strike...
The Bank of Thailand unexpectedly lowered its policy interest rate for the first time in more than four years, as inflation is projected to return towards the target range by the end of this year. The Monetary Policy Committee voted 5-2 to cut the policy rate by 25 basis points to 2.25 percent. Two committee...
Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September. The Labor Department said import prices fell by 0.4 percent in September after slipping by a revised 0.2 percent in August. The decline matched...