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Taiwan Bourse May Extend Monday's Losses
The Taiwan stock market has moved lower in two of three trading days since the end of the five-day winning streak in which it had advanced more than 525 points or 1.7 percent. The Taiwan Stock Exchange now rests just above the 15,245-point plateau and it may take further damage on Tuesday.
The global forecast for the Asian markets continues to be negative on concerns over the outlook for interest rates and recession fears. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.
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1480 days ago
Australia Manufacturing PMI Ebbs In August - S&P Global
The manufacturing sector in Australia continued to expand in August, albeit at a slower rate, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 54.5.
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1480 days ago
South Korea Consumer Confidence Improves In August - BoK
Consumer confidence in South Korea ticked higher in August, the Bank of Korea said on Tuesday with a consumer sentiment index score of 88.8 - up from 86.9 in July.
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1480 days ago
Renewed Consolidation Called For Singapore Stock Market
The Singapore stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had picked up almost 20 points or 0.6 percent. The Straits Times Index now rests just above the 3,260-point plateau although it figures to head south again on Tuesday.
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1480 days ago
Malaysia Shares May Take Further Damage On Tuesday
The Malaysia stock market has moved lower in four straight sessions, shedding more than 30 points or 2.2 percent along the way. The Kuala Lumpur Composite Index new rests just beneath the 1,490-point plateau and it's expected to open in the red again on Tuesday.
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1480 days ago
More Pain Predicted For South Korea Stock Market
The South Korea stock market has finished lower in four straight sessions, sinking more than 70 points or 2.9 percent along the way. The KOSPI now rests just above the 2,460-point plateau and it's expected to open under pressure again on Tuesday.
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1480 days ago
Indonesia Rate Decision On Tap For Tuesday
The central bank in Indonesia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The central bank is widely expected to keep its benchmark lending rate (3.50 percent), deposit facility rate (2.75 percent) and lending facility rate (4.25 percent) all unchanged.
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1480 days ago
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TSX Ends Notably Lower For 2nd Straight Session
The Canadian market ended notably lower on Monday, weighed down by losses in healthcare, technology, consumer discretionary and financials sectors.
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1480 days ago
U.S. Dollar Climbs Higher On Safe-haven Appeal
The U.S. dollar climbed higher on Monday, scoring fairly strong gains over some of its major counterparts, as investors picked up the safe-haven currency amid rising fears about a possible recession, and aggressive rate hikes by the Federal Reserve.
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1480 days ago
U.S. Stocks End Sharply Lower On Growth Worries, Rate Outlook
U.S. stocks tumbled right at the stroke of the opening bell on Monday and stayed weak right through the day's session, extending losses from the previous session.
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1480 days ago
Swiss Market Ends Moderately Lower
The Switzerland stock market ended notably lower on Monday after staying in the red right through the day's session, in line with the trend in most of the markets across Europe.
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1480 days ago
European Stocks Close Lower On Recession Fears And Rate Hike Concerns
European stocks closed lower on Monday as rising fears of aggressive monetary tightening by central banks, and concerns about a possible recession in major economies kept investors nervous.
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1480 days ago
Euro Drops Amid Energy Crisis
The euro fell against its major counterparts in the European session on Monday amid risk aversion, as natural gas prices surged and indications of aggressive monetary policy tightening by major central banks sparked recession concerns.
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1480 days ago
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