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Tech Shares Expected To Fuel Taiwan Stock Market
The Taiwan stock market has tracked higher in three straight sessions, advancing more than 630 points or 4 percent along the way. The Taiwan Stock Exchange now rests just above the 16,100-point plateau and it's expected to open higher again on Friday.
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1218 days ago
Singapore Bourse May Reclaim 3,200-Point Level
The Singapore stock market on Thursday ended the two-day slide in which it had dropped more than 40 points or 1.3 percent. The Straits Times Index now sits just above the 3,180-point plateau and it's likely to see additional support on Friday.
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1218 days ago
Malaysia Shares Tipped To Open In The Green On Friday
The Malaysia stock market has moved higher in three straight sessions, advancing more than 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,430-point plateau and it may add to its winnings again on Friday.
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1218 days ago
Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in four straight sessions, collecting almost 40 points or 1.6 percent along the way. The KOSPI now rests just above the 2,515-point plateau and it's tipped to open in the green again on Friday.
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1218 days ago
Japan Inflation Data Due On Friday
Japan will on Friday release April figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Overall national inflation is expected to rise 2.5 percent on year, easing from 3.2 percent in March. Core CPI is called higher by an annual 3.4 percent, accelerating from 3.1 percent in the previous month.
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1218 days ago
TSX Ends Flat After Stocks Rally In The Final Hour
Despite staying weak almost the entire session on Thursday, the Canadian market ended flat with stocks rallying smartly in the final hour.
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1218 days ago
Dollar Rises On Economic Data, Debt Ceiling Deal Hopes
The U.S. dollar firmed against its major rivals on Thursday, amid optimism about the progress in the debt ceiling talks, and on data showing a bigger than expected drop in U.S. jobless claims last week.
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1218 days ago
more news
U.S. Dollar Spikes Up Amid Falling Jobless Claims, Debt Ceiling Deal Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as jobless claims came in lower than expected last week and on optimism over progress in the debt ceiling talks in Washington.
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1218 days ago
Major European Markets Close On Firm Note On U.S. Debt Ceiling Deal Hopes
European stocks closed higher on Thursday amid optimism the lawmakers will eventually reach an agreement on raising the U.S. debt ceiling.
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1218 days ago
Canadian Market Down In Negative Territory; Materials Shares Decline
The Canadian market remains in negative territory a little past noon on Thursday after opening marginally down amid concerns about high inflation and possibility of policy tightening by the Bank of Canada.
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1218 days ago
U.S. Existing Home Sales Unexpectedly Plunge 3.4% In April
The National Association of Realtors released a report on Thursday unexpectedly showing a steep drop in U.S. existing home sales in the month of April. NAR said existing home sales plunged by 3.4 percent to an annual rate of 4.28 million in April after tumbling by 2.6 percent to a revised rate of 4.43 million in March.
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1218 days ago
U.S. Leading Economic Index Decreases In Line With Estimates In April
A report released by the Conference Board on Thursday showed a continued decrease by the group's reading on leading U.S. economic indicators in the month of April. The Conference Board said its leading economic index slid by 0.6 percent in April after tumbling by 1.2 percent in March. The decrease, which matched economist estimates, marked the thirteenth consecutive decline by the index.
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1218 days ago
Philly Fed Index Rebounds From Nearly Three-Year Low In May
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a continued contraction in regional manufacturing in the month of May, although the pace of contraction slowed by more than expected. The Philly Fed said its diffusion index for current activity surged to a negative 10.4 in May from a negative 31.3 in April.
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1219 days ago
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