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Turkish Central Bank Unveils 2% Support For Firms Converting Forex From Abroad Into Liras
Turkey's central bank said on Thursday that it will provide an incentive for the conversion of firms' foreign exchange obtained from abroad into Turkish liras to support the "liraization" in commercial activities.
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Před 824 dny
Meta To Reinstate Donald Trump's Facebook, Instagram Accounts
Meta Platforms announced its plans to end suspension of the former U.S. President Donald Trump's Facebook and Instagram accounts in the coming weeks. Further, the company has put new guardrails in place to deter repeat offenses, Global Affairs President Nick Clegg said in a statement. The decision comes after two years of banning him on the social media platforms following his praise for people...
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Před 824 dny
European Markets Seen Opening Firm
Markets in Europe are expected to open on a firm note on Thursday amidst strong gains in Asian markets.
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Před 824 dny
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Thursday, despite the mostly negative cues from global markets overnight, as some markets returned after holidays as they play catching up. Traders are also optimistic the US Fed will ease the pace of interest rate hikes, citing slowing wage and inflation growth as well as the recent comments from Fed officials.
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Před 824 dny
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Thursday after opening in the green, snapping a four-session winning streak, with the Nikkei 225 staying above the 27,300 level, following the mostly negative cues from global markets overnight, with weakness across most sectors, led by financial and technology stocks. Traders also digested domestic data that showed a rise in producer prices.
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Před 824 dny
Thai Shares Expected To Remain Rangebound
The Thai stock market has moved lower in two straight sessions, although it has given away not even 2 points in that span. The Stock Exchange of Thailand now rests just beneath the 1,685-point plateau and it's looking at another flat performance again on Thursday.
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Před 824 dny
Indonesia Stock Market May Spin Its Wheels On Thursday
The Indonesia stock market has tracked lower in two straight sessions, shedding more than 45 points or 0.7 percent along the way. The Jakarta Composite Index now rests just beneath the 6,830-point plateau and it's expected to remain in that neighborhood again on Thursday.
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Před 824 dny
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Higher Open Anticipated For Hong Kong Stock Market
Ahead of the long holiday weekend for the Lunar New Year, the Hong Kong stock market had alternated between positive and negative finishes through its last four trading days following the four-day winning streak in which it had soared more than 410 points or 1.9 percent. The Hang Seng Index now sits just beneath the 22,050-point plateau and it's predicted to open higher on Thursday as it catches up on missed positive sentiment from the holiday.
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Před 825 dny
Japan Producer Prices Climb 1.5% On Year In December
Producer prices in Japan were up 1.5 percent on year in December, the Bank of Japan said on Thursday - shy of expectations for an increase of 1.6 percent and slowing from 1.7 percent in November.
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Před 825 dny
Singapore Stock Market May Be Stuck In Neutral On Thursday
The Singapore stock market has tracked higher in two straight sessions, advancing more than 75 points or 2.2 percent along the way. The Straits Times Index now rests just above the 3,350-point plateau although the rally may stall on Thursday.
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Před 825 dny
South Korea GDP Sinks 0.4% In Q4
South Korea's gross domestic product contracted a seasonally adjusted 0.4 percent on quarter in the fourth quarter of 2022, the Bank of Korea said on Thursday.
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Před 825 dny
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market on Wednesday ended the modest two-day winning streak in which it had gathered almost 5 points or 0.3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,500-point plateau and it's tipped to remain in that neighborhood again on Thursday.
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Před 825 dny
South Korea GDP Contracts 0.4% In Q4
South Korea's gross domestic product shrank a seasonally adjusted 0.4 percent on quarter in the fourth quarter of 2022, the Bank of Korea said on Thursday.
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Před 825 dny
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