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Singapore Shares May Take Further Damage On Thursday
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen almost 25 points or 0.8 percent. The Straits Times Index now rests just above the 3,260-point plateau and the losses may accelerate on Thursday.
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vor 846 Tagen
New Zealand Has NZ$2.447 Billion Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$2.447 billion in August, Statistics New Zealand said on Thursday.
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vor 846 Tagen
Malaysia Stock Market Tipped To Open In The Red
The Malaysia stock market turned lower again on Wednesday, one day after ending the five-day slide in which it had surrendered almost 50 points or 3.3 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,450-point plateau and it may extend its losses on Thursday.
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vor 846 Tagen
KOSPI Poised To Extend Wednesday's Losses
The South Korea stock market headed south again on Wednesday, one day after snapping the four-day losing streak in which it had tumbled almost 100 points or 4.2 percent. The KOSPI now rests just beneath the 2,350-point plateau and it may take further damage on Thursday.
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vor 846 Tagen
Bank Of Japan Rate Decision On Tap For Thursday
The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The B0J is expected to keep its benchmark lending rate unchanged at -0.1 percent.
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vor 846 Tagen
TSX Sheds Nearly 1% As Fed Announces Another Aggressive Rate Hike
Canadian stocks ended notably lower on Wednesday, weighed down by the Federal Reserve's announcement of a 75-basis point interest rate hike and the Fed Chair Jerome Powell's remarks that the central bank will need to keep raising rates "for some time" to combat elevated inflation.
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vor 846 Tagen
Dollar Climbs Higher As Fed Raises Rates And Signals More Sharp Hikes
The U.S. dollar climbed higher and hit a fresh two-decade high on Wednesday, as the Federal Reserve raised interest rates by 75 basis points and signaled a few more sharp increases in the coming months.
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vor 846 Tagen
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Fed Raises Interest Rates By Another 75 Basis Points, Signals More Rate Hikes
The Federal Reserve announced its highly anticipated monetary policy decision on Wednesday, raising interest rates by another three-quarters of a percentage point. Citing its dual goals of maximum employment and inflation at a rate of 2 percent over the longer run, the Fed decided to raise its target range for the federal funds rate by 75 basis points to 3 to 3.25 percent.
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vor 846 Tagen
Swiss Market Ends Weak After Cautious Session
The Switzerland stock market ended on a weak note on Wednesday, in contrast to the trend seen in most of the markets across Europe.
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vor 846 Tagen
European Stocks Close Higher Ahead Of Fed Rate Decision
Despite concerns about economic slowdown, rising interest rates and geopolitical tensions, European stocks moved higher on Wednesday.
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vor 846 Tagen
Technology Stocks Lifting Canadian Market Modestly Higher
The Canadian market is modestly higher around noon on Wednesday, led by gains in technology stocks.
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vor 846 Tagen
U.S. Existing Home Sales Edge Down Much Less Than Expected In August
After reporting sharp decreases in U.S. existing home sales over the past several months, the National Association of Realtors released a report on Wednesday showing existing home sales edged down by much less than expected in the month of August.
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vor 846 Tagen
WPP Group Acquires JeffreyGroup In Latin America For Undisclosed Terms
WPP Group Plc (WPP.L, WPPGY), a British mass media firm, announced Wednesday the acquisition of JeffreyGroup, one of the most respected independent corporate communications, public affairs, and marketing consulting firms in Latin America.
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vor 846 Tagen
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