Berita Valas
More Pain Predicted For Singapore Stock Market
The Singapore stock market has finished lower in three straight sessions, sliding almost 60 points or 1.8 percent along the way. The Straits Times Index now sits just above the 3,150-point plateau and it's tipped to open in the red again on Friday.
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1172 days ago
Malaysia Stock Market May Open Under Pressure On Friday
The Malaysia stock market has moved lower in three consecutive trading days, easing almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,385-point plateau and it may take further damage on Friday.
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1172 days ago
South Korea Stock Market May Take Further Damage On Friday
The South Korea stock market has finished lower in three straight sessions, slipping more than 40 points or 1.7 percent along the way. The KOSPI now sits just beneath the 2,560-point plateau and it may extend its losses again on Friday.
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1172 days ago
Japan Household Spending Data Due On Friday
Japan will on Friday release May figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 0.5 percent on month and fall 2.4 percent on year after slipping 1.3 percent on month and 4.4 percent on year in April.
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1172 days ago
TSX Ends Sharply Lower On Interest Rate Concerns
Canadian stocks fell sharply on Thursday, weighed down by concerns the Fed will raise interest rate hike later this month after data showed much stronger than expected growth in U.S. private sector employment in the month of June.
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1172 days ago
Dollar Fails To Hold Gains, Turns Weak Against Major Counterparts
The U.S. dollar firmed against its major rivals Thursday morning after data showed the nation's private sector employment surged much more than expected in June. However, the currency quickly retreated and shed ground against most of the major counterparts.
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1172 days ago
Canadian Market Down Sharply On Widespread Selling
The Canadian market is down sharply Thursday afternoon with stocks from across several sectors reeling under a severe bout of selling pressure.
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1172 days ago
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Swiss Market Ends Sharply Lower
The Switzerland stock market ended sharply lower on Thursday, in line with other markets across Europe, as risk sentiment waned amid concerns about higher interest rates and their impact on economic growth.
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1172 days ago
European Stocks Close Sharply Lower On Rate Hike Concerns
European stocks closed sharply lower on Thursday with some key indexes in the region falling to multi-month lows, as upbeat labor market data from the U.S. and the minutes from the Federal Reserve's June monetary policy meeting raising concerns about further hike in interest rates.
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1172 days ago
U.S. Dollar Rebounds Amid Strong ADP Data
The U.S. dollar rebounded against its major counterparts in the European session on Thursday, as the nation's private sector employment surged much more than expected in June, raising the possibility of further monetary policy tightening from the Federal Reserve.
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1172 days ago
U.S. Services Index Rebounds More Than Expected In June
After reporting only modest U.S. service sector growth in the previous month, the Institute for Supply Management released a report on Thursday showing the pace of growth in the sector accelerated by much more than expected in June. The ISM said its services PMI climbed to 53.9 in June from 50.3 in May, with a reading above 50 indicating growth in the sector.
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1172 days ago
U.S. Trade Deficit Narrows Slightly More Than Expected To $69.0 Billion In May
The U.S. trade deficit narrowed by slightly more than expected in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department said the trade deficit decreased to $69.0 billion in May from a revised $74.4 billion in April.
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1172 days ago
Novavax's Nuvaxovid Gets Full Marketing Authorization In EU To Prevent COVID-19
Novavax, Inc. (NVAX) on Thursday has been granted full Marketing Authorization (MA) by the European Commission in the European Union (EU) for Nuvaxovid (NVX-CoV2373).
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1172 days ago
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