The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,380-point plateau although its likely to see renewed support on Thursday. The global forecast for the Asian markets is...
The Thai stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,465-point plateau although its expected to rebound on Thursday. The global forecast for the Asian markets is...
The private sector in Hong Kong moved into expansion territory in October, the latest survey from S&P Global revealed on Tuesday with a PMI score of 52.2. Thats up from 50.0, which was the boom-or-bust stagnation line that separates expansion from contraction. Central to the latest upturn in business conditions was an improvement in demand....
The private sector in Singapore continued to expand in October, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a PMI score of 55.5. Thats down from 56.6, although it remains above the boom-or-bust line that separates expansion from contraction. Incoming new orders for Singaporean goods and services expanded...
The services sector in Australia continued to expand in October, and at a faster rate, the latest survey from Judo Bank revealed on Tuesday with a PMI score of 51.0. Thats up from 50.5, and it moves further above the boom-or-bust line that separates expansion from contraction. Higher new business inflows underpinned the latest acceleration...
The services sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed on Tuesday with a PMI score of 52.0. Thats up from 50.3, and it moves further above the boom-or-bust line that separates expansion from contraction. Improvements in underlying demand and market conditions underpinned growth...
Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in October, Statistics Korea said on Tuesday. The was shy of expectations for an increase of 0.2 percent and down from 0.1 percent in September. On an annualized basis, inflation was up 1.3 percent - again missing forecasts for 1.4 percent and...
Indian shares traded lower for a second straight session on Tuesday due to persisting Middle East tensions and uncertainty surrounding the closely contested U.S. presidential election. The benchmark S&P/BSE Sensex was down 185 points, or 0.2 percent, at 78,598 following its steepest decline in a month the previous day. The broader NSE Nifty index dropped...
Nearly two months long strike at Boeing Co. has ended after a majority of around 33,000 frontline workers voted to approve a new contract that will deliver 43.65 percent compounded wage increase. Following the deal, Boeing shares were gaining around 1.91 percent in the pre-market activity on the NYSE to trade at $158.50. While announcing...
The Japanese yen weakened against other major currencies during the European session on Tuesday, as traders remain cautious amid a rare political crisis following a Japanese snap election that raises doubts about the Bank of Japans capacity to raise interest rates further and the U.S. election. Former BOJ board member Makoto Sakurai said that the...