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Malaysia Shares May Find Support On Monday

The Malaysia stock market has moved lower in three straight sessions, sinking almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau although it's likely to find traction on Monday.
RTTNews | 280 days ago
Mild Rebound Seen For Japan Stock Market

Mild Rebound Seen For Japan Stock Market

The Japanese stock market on Friday snapped the three-day winning streak in which it had rallied more than 1,700 points or 3.4 percent. The Nikkei 225 now sits just beneath the 50,500-point plateau although it may tick higher again on Monday.
RTTNews | 280 days ago
Additional Support Tipped For South Korea Shares

Additional Support Tipped For South Korea Shares

The South Korea stock market bounced higher again on Friday, one day after halting the two-day winning streak in which it had jumped more than 115 points or 2.9 percent. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Monday.
RTTNews | 280 days ago
Japan GDP Data Due On Monday

Japan GDP Data Due On Monday

Japan will release Q3 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the second quarter, GDP was down 0.4 percent on quarter and 1.8 percent on year.
RTTNews | 281 days ago
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market shrugged off a sluggish start and stayed fairly steady right till the end of the session on Friday to finish modestly higher.
RTTNews | 283 days ago
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Despite a fairly good spell in positive territory till noon, European stocks failed to sustain at higher levels and ended on a mixed note on Friday. Investors digested the economic data from the region as well from the U.S., and looked ahead to next week's monetary policy announcement from the Federal Reserve.
RTTNews | 283 days ago
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TSX Drifts Lower As Strong Jobs Data Tempers BoC Rate Cut Hopes

TSX Drifts Lower As Strong Jobs Data Tempers BoC Rate Cut Hopes

After opening slightly up and moving higher subsequently, the Canadian market slipped into negative territory Friday morning, and with stocks continuing to struggle for support, remained weak a little past noon. Data showing a drop in Canadian unemployment rate in November tempered hopes for a rate cut from the nation's central bank this month.
RTTNews | 283 days ago
U.S. Consumer Sentiment Rebounds Much More Than Expected In December

U.S. Consumer Sentiment Rebounds Much More Than Expected In December

Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved much more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 53.3 in December from 51.0 in November. Economists had expected the consumer sentiment index to rise to 52.0.
RTTNews | 283 days ago
U.S. Consumer Prices Increase In Line With Estimates In September

U.S. Consumer Prices Increase In Line With Estimates In September

A long-delayed report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of September. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.3 percent in September, matching the growth seen in August along with economist estimates.
RTTNews | 283 days ago
EU Fines X 120 Mln Euros For Breaching Transparency Obligations Under DSA

EU Fines X 120 Mln Euros For Breaching Transparency Obligations Under DSA

The European Commission on Friday has issued a fine of 120 million euros to Elon Musk's social media platform X for breaching its transparency obligations under the Digital Services Act. The breaches include the deceptive design of its 'blue checkmark', the lack of transparency of its advertising repository, and the failure to provide access to public data for researchers.
RTTNews | 283 days ago
Warner Bros. To Be Bought By Netflix In $72 Bln Equity Deal

Warner Bros. To Be Bought By Netflix In $72 Bln Equity Deal

In a merger of majors, streaming video firm Netflix, Inc. is acquiring media and entertainment giant Warner Bros. Discovery, Inc. for a total enterprise value of approximately $82.7 billion, or an equity value of $72.0 billion. The move follows the planned separation of Warner Bros. Discovery's Global Networks division into a new publicly-traded company. In the pre-market activity, Netflix shares
RTTNews | 283 days ago
EU Secures TikTok's Commitments On Ad Transparency As Per DSA

EU Secures TikTok's Commitments On Ad Transparency As Per DSA

The European Commission announced Friday that it has secured TikTok's commitment to provide advertising repositories that ensure full transparency around ads on its services, as required by the Digital Services Act. The agency launched the probe in February 2024 after it found the China-based ByteDance's video platform's algorithmic system may stimulate behavioral addictions.
RTTNews | 283 days ago

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