Berita Valas
Malaysia Stock Market May Spin Its Wheels On Wednesday
The Malaysia stock market has finished higher in three straight sessions, gathering more than 10 points or 0.7 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,435-point plateau although it may be stuck in neutral on Wednesday.
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1253 days ago
South Korea Stock Market: Resistance Likely At 2,500 Points
The South Korea stock market has moved higher in three straight sessions, collecting almost 90 points or 3.6 percent along the way. The KOSPI now rests just shy of the 2,550-point plateau, although it's due for profit taking on Wednesday.
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1253 days ago
New Zealand Retail Card Spending Adds 0.7% In March
The total value of retail electronic card spending in New Zealand was up a seasonally adjusted 0.7 percent on month in March, Statistics New Zealand said on Wednesday.
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1253 days ago
Japan Core Machine Order Data Due On Wednesday
Japan will on Wednesday release February figures for core machine orders, highlighting a modest day for Asia-Pacific economic activity. Orders are expected to sink 7.8 percent on month and rise 2.9 percent on year after gaining 9.5 percent on month and 4.5 percent on year in January.
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1253 days ago
U.S. Dollar Gives Back Ground As Inflation Data Looms
After moving to the upside during yesterday's trading, the value of the U.S. dollar has given back ground during trading on Tuesday.
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1253 days ago
IMF Trims Global Growth Forecast, Warns Of Fragility
The International Monetary Fund slightly lowered the global growth forecast for this year and expects inflation to slow more slowly than anticipated earlier as the lender warned that the economic situation is fragile, citing the recent financial sector turmoil. The world economy is set to grow 2.8 percent this year after expanding 3.4 percent last year, the IMF said.
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1253 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the European session on Tuesday.
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1253 days ago
more news
Eurozone Investor Confidence Strengthens; Retail Sales Fall
Eurozone investor confidence improved further in April as the threat posed by the energy crisis proved to be less severe than feared, survey results from the behavioral research institute Sentix showed Thursday. Elsewhere, official data showed that retail sales in the currency bloc declined in February reflecting the weakness in food and non-food turnover, suggesting little contribution to econom
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1254 days ago
OPEC's Surprise Output Cut Sparks Brief Dollar Rally
The surprise output cut announced by the OPEC on April 2, gave the Dollar strong momentum in the beginning of the week spanning April 3 -7.
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1254 days ago
Bank Of Korea Keeps Policy Rate Unchanged For Second Straight Meeting
South Korea's central bank left its policy rate unchanged for the second straight meeting and pledged to maintain a restrictive stance for a considerable time. The Monetary Policy Board of the Bank of Korea unanimously decided to keep the Base Rate unchanged at 3.50 percent.
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1254 days ago
Apple To Open First Store In India Next Week
Apple Inc. is opening its first store in India, which is being considered as the new manufacturing base for the tech major, as well as its new growth market. The gadgets major has high hopes for the second most populous country in the world, with wider markets. The iPhone maker announced its plans to open two new retail locations in India offering the latest Apple products.
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1254 days ago
U.S. Dollar Falls As Inflation Data In Focus
The U.S. dollar was lower against its most major counterparts during the European session on Tuesday, as investors awaited U.S. inflation data for more clarity on the rate outlook.
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1254 days ago
Sensex, Nifty Gain On Earnings Optimism; IT Stocks Decline
Indian shares rose notably on Tuesday, with firm global cues and hopes for strong quarterly earnings helping underpin investor sentiment.
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1254 days ago
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