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Mild Selling Pressure Tipped For Malaysia Stock Market
The Malaysia stock market has finished lower in five straight sessions, shedding more than 35 points or 2.3 percent along the way. The Kuala Lumpur Composite Index new rests just above the 1,480-point plateau and it's expected to open under pressure again on Wednesday.
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1479 days ago
South Korea Shares May Tick Lower Again On Wednesday
The South Korea stock market has moved lower in five straight sessions, sinking almost 100 points or 4 percent along the way. The KOSPI now rests just above the 2,435-point plateau and it may continue to spin its wheels again on Wednesday.
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1479 days ago
Thai Trade Data Due On Wednesday
Thailand will on Wednesday release July numbers for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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1479 days ago
TSX Ends Marginally Up
The Canadian market ended slightly up on Tuesday, after spending much of the day's session moving along the flat line.
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1479 days ago
Dollar Drifts Lower On Weak Economic Data
The U.S. dollar drifted lower on Tuesday on mild hopes the Federal Reserve might soften its rate hiking cycle after data showed U.S. private sector activity contracted for a second straight month in August.
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1479 days ago
U.S. Stocks Close Lower As Growth Worries Weigh
U.S. stocks closed lower on Tuesday, losing ground for a third straight session, as worries about economic slowdown and tighter monetary policy weighed on sentiment.
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1479 days ago
U.S. Stocks Turning In Mixed Performance In Cautious Trade
U.S. stocks are turning in a mixed performance on Tuesday with investors largely staying cautious amid fears of a recession as tighter monetary conditions loom large.
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1479 days ago
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Swiss Market Ends Notably Lower On Growth Worries
The Switzerland stock market ended notably lower on Tuesday after languishing in the red right through the day's session.
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1479 days ago
Major European Markets Close Lower For 3rd Straight Session
The major European markets closed lower on Tuesday, losing ground for a third straight session, as concerns over monetary tightening by central banks and fears about economies falling into a recession continued to weigh on investor sentiment.
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1479 days ago
Canadian Market Modestly Higher; Energy, Materials Shares Rise
The Canadian market is modestly higher in late afternoon trades on Tuesday thanks to strong gains in energy and materials shares.
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1479 days ago
Indonesia Central Bank Hikes Policy Rate To 3.75%
Indonesia's central bank unexpectedly raised its policy rate at its August meeting to curtail soaring inflation and strengthen the rupiah exchange rate. The Board of Governors decided to raise the seven-day reverse repo rate by 25 bps to 3.75 percent, the Bank Indonesia said.
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1479 days ago
UK Private Sector Logs Marginal Growth In August
The UK private sector logged only a marginal growth in August largely due to relatively muted customer demand and shortages of labor and inputs, flash survey results from S&P Global and Chartered Institute of Procurement & Supply showed Tuesday. The flash composite output index fell to 50.9 in August from 52.1 in the previous month. The reading was also below economists' forecast of 51.1.
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1479 days ago
Amgen Announces Positive Top-line Results From Phase 3 DAHLIA Study Of ABP 959
Amgen, Inc. (AMGN) announced Tuesday positive top-line results from the DAHLIA study, a randomized, double-blind, active-controlled, two-period crossover Phase 3 study evaluating the efficacy and safety of ABP 959, a biosimilar candidate to SOLIRIS (eculizumab), compared with SOLIRIS in adult patients with paroxysmal nocturnal hemoglobinuria (PNH).
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1479 days ago
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