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Oil Prices Dip But Stay Close To One-month Highs
Oil prices were slightly lower on Thursday but stayed close to one-month highs after Iran said it has no plans for negotiations and remains focused on its defense.
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56 days ago
European Shares Edge Lower With Iran Tensions, Earnings In Focus
European stocks were moving lower on Thursday as investors weighed escalating Middle East tensions and monitored mixed earnings updates.
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56 days ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the early European session on Thursday.
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56 days ago
Asian Shares Slide Amid Tech Selloff
Asian stocks fell broadly on Thursday even as softer-than-expected U.S. inflation data eased concerns about near-term Federal Reserve interest-rate hikes.
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56 days ago
Bank Of Korea Hikes Policy Rate For First Time Since 2023
The Bank of Korea raised its benchmark interest rate for the first time since 2023 on Thursday as inflation is projected to stay above 2 percent target for a considerable time. The Monetary Policy Board of the Bank of Korea unanimously decided to hike the base rate by 25 basis points to 2.75 percent.
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56 days ago
European Shares Poised For Mixed Open
European stocks are seen opening mixed on Thursday, with technology stocks likely to come under selling pressure amid concerns over whether the artificial-intelligence driven rally can be sustained.
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56 days ago
Indian Shares Edge Higher In Cautious Trade; IT Stocks Shine
Indian shares were a tad higher on Thursday, tracking mixed cues from global markets amid unease in West Asia.
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56 days ago
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Australian Market Slips To Modest Losses In Mid-market
The Australian market is slipping to modest losses in mid-market moves on Thursday after opening in the green, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,850 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
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56 days ago
Asian Markets Trade Mostly Lower
Asian markets are trading mostly lower on Thursday, despite the broadly positive cues from Wall Street overnight, as South Korea tumbles more than 7 percent amid a selloff in global semiconductor and technology stocks, which reignited concerns over AI valuations. Traders also kept an eye on the escalating conflict between the U.S. and Iran. Asian markets closed mixed on Wednesday.
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56 days ago
Indian Shares To Open On Cautious Note Amid Rising US-Iran Tensions
Indian shares are seen opening flat to slightly lower on Thursday as crude oil prices remain elevated amid unease in West Asia.
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56 days ago
Higher Open Expected For Thai Stock Market
The Thai stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had improved more than 50 points or 3.3 percent. The Stock Exchange of Thailand now sits just above the 1,630-point plateau and it may pick up steam on Thursday.
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56 days ago
Indonesia Bourse May Reclaim 6,100-Point Level
The Indonesia stock market has finished higher in five straight sessions, advancing more than 160 points or 2.7 percent in that span. The Jakarta Composite Index now rests just above the 6,040-point plateau and it's likely to open higher again on Thursday.
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56 days ago
Japanese Market Sharply Lower
The Japanese market is trading sharply lower on Thursday, reversing the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is plunging 3 percent to well below the 66,750 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in automaker stocks.
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56 days ago
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