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Singapore Stock Market May Add To Thursday's Gains

The Singapore stock market bounced higher again on Thursday, one session after snapping the two-day winning streak in which it had gathered almost 20 points or 0.6 percent. The Straits Times Index now rests just above the 3,220-point plateau and it may add to its winnings on Friday.
RTTNews | vor 856 Tagen
Malaysia Stock Market May Extend Winning Streak

Malaysia Stock Market May Extend Winning Streak

The Malaysia stock market has moved higher in back-to-back sessions, gathering more than 6 points or 0.4 percent along the way. The Kuala Lumpur Composite Index new rests just beneath the 1,495-point plateau and it may tick higher again on Friday.
RTTNews | vor 856 Tagen
China Inflation Data Due On Friday

China Inflation Data Due On Friday

China will on Friday release August figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
RTTNews | vor 856 Tagen
Dollar Rises After Powell Signals Aggressive Rate Hikes

Dollar Rises After Powell Signals Aggressive Rate Hikes

After exhibiting weakness in the Asian session, the U.S. dollar climbed higher Thursday morning after Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to aggressively fighting inflation.
RTTNews | vor 856 Tagen
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Swiss Market Pares Early Gains, Ends Marginally Down

Swiss Market Pares Early Gains, Ends Marginally Down

After staying slightly up in positive territory till about a couple of hours past noon on Thursday, the Switzerland stock market slipped, and ended weak despite recovering most of the lost ground in the closing minutes.
RTTNews | vor 857 Tagen
European Stocks Close Broadly Higher After ECB's Massive Rate Hike

European Stocks Close Broadly Higher After ECB's Massive Rate Hike

Despite suffering a setback a little past mid afternoon, European stocks closed higher on Thursday, with investors digesting the European Central Bank's interest rate decision and hawkish remarks by the Federal Reserve Chair Jerome Powell.
RTTNews | vor 857 Tagen
ECB Hikes Rates By 75 Bps, Signals More As Inflation Expected To Stay High

ECB Hikes Rates By 75 Bps, Signals More As Inflation Expected To Stay High

The European Central Bank raised its interest rates by a massive 75 basis points, the biggest hike ever in the single currency bloc's history, and signaled more tightening in the coming months as policymakers try to rein in runaway inflation in a bid to support a slowing economy.
RTTNews | vor 857 Tagen
Powell Reiterates Commitment To Aggressively Fighting Inflation

Powell Reiterates Commitment To Aggressively Fighting Inflation

Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to aggressively fighting inflation during remarks at the Cato Institute's 40th Annual Monetary Conference on Thursday. "We need to act now, forthrightly, strongly as we have been doing," Powell said. "And we have to keep at it until the job is done."
RTTNews | vor 857 Tagen
Sunset Farm Foods Recalls Sausage Products

Sunset Farm Foods Recalls Sausage Products

Sunset Farm Foods, Inc. has recalled about 4,480 pounds of chicken and pork smoked sausage products for possible contamination with foreign matter, specifically thin blue plastic material, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) said in a statement.
RTTNews | vor 857 Tagen

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