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Asian Shares Mixed As Growth Worries Linger

Asian Shares Mixed As Growth Worries Linger

Asian stocks ended mixed on Wednesday after recent string of losses on worries about slowing global growth and the impact of rising interest rates on corporate profits.
RTTNews | vor 930 Tagen
Pound Rebounds As BoE Chief Bailey Hints At Bond-buying Extension

Pound Rebounds As BoE Chief Bailey Hints At Bond-buying Extension

The pound erased its early losses against its major counterparts in the Asian session on Wednesday, following a media report that the Bank of England is considering an extension to emergency bond-buying program when it ends on Friday.
RTTNews | vor 930 Tagen
Bank Of Korea Raises Key Rate By 50 Bps

Bank Of Korea Raises Key Rate By 50 Bps

South Korea's central bank lifted its key interest rates on Wednesday, citing tightening stance of the US Federal Reserve and stubbornly high inflation. The Monetary Policy Board of the Bank of Korea decided to raise the Base Rate by 50 basis points to 3.00 percent from 2.50 percent, as widely expected.
RTTNews | vor 930 Tagen
European Economics Preview: UK GDP Data Due

European Economics Preview: UK GDP Data Due

Monthly GDP, industrial production and foreign trade reports from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data for August. The economy is forecast to remain flat on month, following a 0.2 percent rise in July.
RTTNews | vor 930 Tagen
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Asian Markets Mostly Lower On Weak Global Cues

Asian Markets Mostly Lower On Weak Global Cues

Asian stock markets are mostly lower on Wednesday, following the broadly negative cues from global markets overnight, due to continuing concerns about rising interest rates and economic slowdown. A downward revision in the global economic growth forecast by the International Monetary Fund also weighed on the markets. Asian Markets closed mostly lower on Tuesday.
RTTNews | vor 930 Tagen
Sensex, Nifty Seen Higher At Open; Inflation Data Eyed

Sensex, Nifty Seen Higher At Open; Inflation Data Eyed

Singapore Nifty futures indicate a positive start for Indian markets after recent losses. Underlying sentiment, however, may remain cautious amid growing risk aversion stemming from the U.S. rate hike fears and escalating geopolitical tensions.
RTTNews | vor 930 Tagen
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in three straight sessions, sinking more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now rests just above the 1,560-point plateau and it's likely to extend its losses on Wednesday.
RTTNews | vor 930 Tagen
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous two sessions, with the Nikkei 225 below the 26,400 level, following the broadly negative cues from global markets overnight, with weakness in technology stocks and exporters. A downward revision in the global economic growth forecast by the International Monetary Fund also weighed.
RTTNews | vor 930 Tagen
Losing Streak May Continue For Indonesia Shares

Losing Streak May Continue For Indonesia Shares

The Indonesia stock market has ended lower in three straight sessions, sliding almost 140 points or 2 percent along the way. The Jakarta Composite Index now rests just beneath the 6,940-point plateau and it's expected to open in the red again on Tuesday.
RTTNews | vor 930 Tagen

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