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South Korea Stock Market May Extend Wednesday's Gains
The South Korea stock market on Wednesday halted the four-day losing streak in which it had plunged more than 110 points or 4.8 percent. The KOSPI now rests just above the 2,255-point plateau and it may add to its winnings on Thursday.
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vor 846 Tagen
Dollar Stays Weak Despite Paring Some Early Losses
The U.S. dollar traded weak against most of its major counterparts on Wednesday with traders focusing on the minutes of the Federal Reserve's December meeting for clues on the bank's monetary policy outlook.
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vor 846 Tagen
TSX Ends On Firm Note As Materials, Technology Stocks Rally
The Canadian market ended on a firm note on Wednesday, led by gains in healthcare, materials, technology and financials shares.
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vor 846 Tagen
China Services PMI Data Due On Thursday
China will on Thursday see December results for the services PMI from Caixin, highlighting a modest day for Asia-Pacific economic activity. In November, the PMI score was 46.7.
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vor 846 Tagen
Fed Minutes Signal Further Interest Rate Hikes
The Federal Reserve released the minutes of its December monetary policy meeting on Wednesday, reinforcing expectations the central bank is likely to continuing raising interest rates. The minutes reiterated that officials continue to anticipate that ongoing rate increases would be appropriate to achieve the Fed's dual objectives of maximum employment and price stability.
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vor 846 Tagen
Swiss Market Ends On Strong Note
Swiss stocks turned in a fine performance on Wednesday, extending gains from the previous session, thanks to positive global clues.
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vor 846 Tagen
European Stocks Close On Strong Note After Inflation Data
European stocks closed on a buoyant note on Wednesday as easing concerns about inflation triggered hectic buying at several counters from across various sectors.
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vor 846 Tagen
more news
U.S. Manufacturing Index Edges Down To Lowest Level Since May 2020
The Institute for Supply Management released a report on Wednesday showing U.S. manufacturing activity contracted at a slightly faster rate in the month of December. The ISM said its manufacturing PMI edged down to 48.4 in December from 49.0 in November, with a reading below 50 indicating a contraction. Economists had expected the index to slip to 48.5.
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vor 846 Tagen
Pulmatrix Announces Positive Top Line Results In Phase 1 Study With PUR3100 For Acute Migraine
Biopharmaceutical company Pulmatrix, Inc. (PULM) announced Wednesday the successful completion of a Phase 1 trial evaluating safety and pharmacokinetics of PUR3100 in healthy volunteers for the treatment of acute migraine.
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vor 846 Tagen
Hyundai Motor America December Total Sales Up 40%
Hyundai Motor America reported Wednesday that it sold a total of 72,058 units in the month of December, up 40 percent from last year's 51,340 units, driven by new December retail and total sales records for Venue, Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Santa Cruz, Kona EV and Kona N.
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vor 846 Tagen
Bay Street Likely To Open With Positive Bias
Canadian shares are likely to open with a positive bias on Wednesday, tracking firm bullion prices.
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vor 846 Tagen
Kaltura Announces Re-organization Plan, To Cut About 11% Of Current Workforce
In a Form 8-K filing with the U.S. Securities and Exchange Commission on Wednesday, software company Kaltura, Inc. revealed that its Board of Directors approved on January 3, 2023 a re-organization plan that includes, among other things, downsizing approximately 11% of the Company's current workforce and adapting the Company's organizational structure, roles, and responsibilities accordingly.
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vor 846 Tagen
U.S. Dollar Down As Fed Minutes In Focus
The U.S. dollar dropped against its major counterparts in the European session on Wednesday, as investors awaited the minutes of the Federal Reserve's December meeting for more clarity on the monetary policy outlook.
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vor 846 Tagen
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