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India Holds Key Interest Rates; Upgrades Inflation Forecast
The Reserve Bank of India left its key policy rates unchanged on Friday, and upgraded its inflation outlook citing higher oil prices and monsoon uncertainty. The Monetary Policy Committee, governed by Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.25 percent. The committee also decided to continue with the neutral stance.
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98 days ago
Target Recalls Up & Up Baby Wipes For Potential Microbial Contamination
Retailer Target Corp. is recalling select Up & Up Baby Wipes, due to potential microbial contamination, according to the U.S. Food and Drug Administration. The recall involves Up & Up FragranceFree Baby Wipes and Up & Up Fresh Cucumber Scented Baby Wipes with various counts and UPC numbers. The impacted wipes were manufactured by a supplier, Sapro Temizlik Urunleri, and sold at Target stores...
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98 days ago
European Shares Set For Broadly Lower Open
European stocks are seen opening broadly lower on Friday as AI-driven rally that boosted stocks earlier this week fizzled out and the U.S.-Iran-Israel conflict remained unresolved, despite the ceasefire and diplomacy.
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98 days ago
Indian Shares Modestly Higher Ahead Of RBI Rate Decision
Indian shares were modestly higher in early trade on Friday despite mixed signals from ongoing negotiations between the U.S. and Iran as well as uncertainty over the reopening of the Strait of Hormuz.
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98 days ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Friday after opening slightly in the green, and also adding to the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,650 level, with weakness across most sectors led by mining and energy stocks.
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98 days ago
Asian Markets Trade Mostly Lower
Asian markets are mostly lower on Friday, following the mixed cues from Wall Street, as traders remain cautious amid mixed signals from the U.S.-Iran peace talks after news of Lebanese armed group Hezbollah emphatically rejecting the terms of a U.S.-backed ceasefire between Israel and Lebanon and said it would not withdraw troops from the country, thwarting hopes of a Middle East settlement.
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98 days ago
Indian Shares Set For Cautious Open Ahead Of RBI's Rate Decision
Indian shares are seen opening on a subdued note on Friday ahead of the Reserve Bank of India's monetary policy review later today, with markets expecting measures to boost inflows and support the local currency.
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98 days ago
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Thai Shares May Crack 1,600 Points On Friday
The Thai stock market has moved higher in two straight sessions, improving more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's got a positive lead again for Friday's trade.
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98 days ago
Japanese Market Sharply Lower
The Japanese market is trading sharply lower on Friday, extending the sharp losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is tumbling 2.3 percent to near the 65,900 level, with weakness in technology stocks partially offset by gains in financial stocks and a mixed performance across most other sectors.
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98 days ago
Indonesia Bourse May Halt Losing Streak
The Indonesia stock market has finished lower in back-to-back sessions, plummeting more than 360 points or 6 percent in that span. The Jakarta Composite Index now sits just beneath the 5,840-point plateau although it may stop the bleeding on Friday.
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98 days ago
Hang Seng May Halt Its Slide On Friday
The Hong Kong stock market has moved lower in two straight sessions, slumping almost 800 points or 3.1 percent along the way. The Hang Seng Index now sits just above the 25,250-point plateau although it's due for support on Friday.
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98 days ago
Australian Market Notably Lower
The Australian stock market is trading notably lower on Friday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,650 level, with weakness across most sectors led by mining and energy stocks.
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98 days ago
China Stock Market May Open To The Upside On Friday
The China stock market on Thursday ended the two-day winning streak in which it had collected more than 25 points or 0.6 percent. The Shanghai Composite Index now sit just beneath the 4,060-point plateau although it may tick higher again on Friday.
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98 days ago
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