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Asian Shares Climb As US-Iran Tensions Ease
Asian stocks advanced on Monday as oil prices tumbled amid U.S.-Iran truce hopes, helping ease inflation and interest-rate concerns ahead of crucial Fed, BoE and BoJ central bank meetings due this week.
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45 days ago
AstraZeneca Q2 Pre-tax Profit Down, But EPS Rise; Backs Positive FY26 View
British drug major AstraZeneca PLC reported Monday lower pre-tax pofit in its second quarter mainly on lower tax expenses, while earnings per share grew from last year with higher revenues, excluding weak China results. Further, the firm confirmed fiscal 2026 outlook for core earnings and revenue growth.
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45 days ago
Singapore Unexpectedly Tightens Monetary Policy
The Monetary Authority of Singapore tightened its policy for the second straight time in order to cap inflationary pressures. The central bank unexpectedly increased the rate of appreciation of the S$NEER policy band slightly. However, the extent of the increase was smaller than that in April. There will be no change to the width of the policy band and the level at which it is centred.
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45 days ago
European Shares Likely To Open Higher As Oil Prices Plunge
European stocks are seen opening higher on Monday as West Asia tensions eased somewhat, sending oil prices sharply lower and alleviating some inflation concerns ahead of the highly anticipated Federal Reserve interest-rate decision on Wednesday.
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45 days ago
Indian Shares Surge As US, Iran Pause Strikes
Indian shares were sharply higher in early trade on Monday after the United States and Iran paused strikes against each other for a second day, helping ease concerns over a broader conflict and supply disruptions in the Middle East.
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45 days ago
Asian Stocks Rise On Oil Drop, Easing Geopolitical Tensions
Asian stock markets climbed Monday as crude oil prices fell sharply and Middle East tensions eased over the weekend. Australia's S&P/ASX 200 gained 1.05%, while Japan's Nikkei 225 rose 0.24%. South Korea's KOSPI declined 0.84% amid technology sector weakness and AI spending concerns.
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45 days ago
Indian Shares Seen Higher As Oil Prices Tumble On US-Iran Truce Hopes
Indian shares may open on a positive note on Monday after oil and U.S. Treasury yields pulled back on Friday, helping ease inflation and interest-rate concerns.
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45 days ago
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Steady Start Seen For Thai Stock Market
The Thai stock market has finished higher in back-to-back sessions, collecting more than 5 points or 0.3 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,645-point plateau and it may inch higher again on Monday.
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45 days ago
Indonesia Stock Market May Find Traction On Monday
The Indonesia stock market has finished lower in three straight sessions, slumping more than 140 points or 2.3 percent along the way. The Jakarta Composite Index now rests just beneath the 6,200-point plateau although it may halt its slide on Monday.
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45 days ago
Higher Open Tipped For Hong Kong Stock Market
The Hong Kong stock market turned lower again on Friday, one day after ending the two-day losing streak in which it had dropped more than 250 points or 1 percent. The Hang Seng Index now sits just above the 24,960-point plateau although it's likely to see renewed support on Monday.
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45 days ago
Rebound Predicted For China Stock Market
The China stock market on Friday ended the four-day winning streak in which it had climbed more than 110 points or 2.7 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it's looking at a steady start on Monday.
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45 days ago
Taiwan Stock Market May Tick Higher Again On Monday
The Taiwan stock market on Friday snapped the three-day winning streak in which it had surged more than 2,500 points or 5.1 percent. The Taiwan Stock Exchange sits just above the 43,650-point plateau although it may cut into some of those losses on Monday.
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45 days ago
Singapore Stock Market Tipped To Open In The Green
The Singapore stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had collected almost 100 points or 0.9 percent. The Straits Times Index now sits just below the 5,590-point plateau and it may add to its winnings on Monday.
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45 days ago
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