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Australian Market Notably Higher
The Australian stock market is notably lower on Monday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling a tad below the 8,900.00 level, with weakness across most sectors led by energy and technology stocks. Gold was the only bright spot.
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339 days ago
Renewed Consolidation Likely For Taiwan Stock Market
Ahead of Friday's holiday for Double Tenth Day, the Taiwan stock market had moved higher again - one day after ending the five-day winning streak in which it had accelerated more than 1,630 points or 6.4 percent. The Taiwan Stock Exchange now sits just above the 27,300-point plateau although it may hand back those gains on Monday.
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339 days ago
Singapore Stock Market May Extend Losing Streak
The Singapore stock market has finished lower in three straight sessions, sinking more than 45 points or 1 percent along the way. The Straits Times Index now sits just above the 4,425-point plateau and it may take further damage on Monday.
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339 days ago
Malaysia Bourse May Give Up Support At 1,600 Points
The Malaysia stock market turned lower again on Friday, one day after snapping the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau and the losses may accelerate on Monday.
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339 days ago
South Korea Shares Due For Profit Taking
The South Korea stock market has moved higher in three straight sessions, accelerating nearly 190 points or 5.3 percent in that span. Now at a fresh record closing high, the KOPSI sits just above the 3,610-point plateau although investors figure to lock in gains on Monday.
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339 days ago
China Trade Data On Tap For Monday
China will on Monday release September numbers for imports, exports ad trade balance, highlighting a light day for Asia-Pacific economic activity.
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339 days ago
U.S. Dollar Drops Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Friday.
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341 days ago
more news
U.S. Govt Has Started To Fire Federal Workers
The U.S. government has started to layoff federal employees, the Office of Management and Budget's chief Russell Vought said on the 10th day of the shutdown. In a post on the social media platform X, Vought said, "The RIFs have begun." RIF is an acronym for reduction in force.
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341 days ago
SMI Sheds Over 1% As Stocks Tumble In Final Hour
After moving along the flat line till the penultimate hour of the day's trading session on Friday, Switzerland's benchmark index SMI tumbled in the final hour, as trade tensions intensified after U.S. President Donald Trump threatened to impose massive tariffs on Chinese imports.
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341 days ago
European Stocks Tumble As Trump Threatens Massive Tariffs On Chinese Imports
European stocks fell sharply on Friday as trade tensions intensified after U.S. President Donald Trump threatened that he will raise tariffs on Chinese imports, following China's decision to expand export controls on rare earth metals.
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341 days ago
TSX Down 0.7%, Looks Headed For Another Weak Close
After opening slightly higher and advancing further, the Canadian market slipped into negative territory Friday morning, pushed down by losses in healthcare, energy and technology sectors.
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341 days ago
U.S. Consumer Sentiment Virtually Unchanged In October
A report released by the University of Michigan on Friday showed its reading on U.S. consumer sentiment was virtually unchanged in the month of October.
The University of Michigan said its consumer sentiment index edged down to 55.0 in October from 55.1 in September. Economists had expected the index to slip to 54.2.
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342 days ago
Calico Brands Recalls 175K Scripto Premium Torches Sold At Walmart, Home Depot
Ontario, California-based Calico Brands is recalling about 175 thousand units of Scripto Premium Torches citing risks of injury or death from fires and burns, according to the U.S. Consumer Product Safety Commission. The recall involves the Scripto Premium Torch with UPC number "0-70257-52226-6".
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342 days ago
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