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Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, as trader sentiment remains positive on hopes the U.S. Fed will slow down its pace of interest rate hikes at its upcoming meetings. However, the unexpected decline in US GDP for the second consecutive quarter signals the U.S. economy is in a technical recession.
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Indian Shares Look Headed For Positive Start

Indian Shares Look Headed For Positive Start

Sharply higher SGX Nifty points to a firm start for Indian shares on Friday. The overnight gains on Wall Street and easing concerns about aggressive rate hikes by the Federal Reserve might help keep investor sentiment positive.
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Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 27,900 level, following the broadly positive cues from global markets overnight, as traders digest a slew of domestic economic data.
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Higher Open Called For Indonesia Stock Market

Higher Open Called For Indonesia Stock Market

The Indonesia stock market has finished higher in three straight sessions, gathering almost 100 points or 1.5 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau and it's looking at another green light for Friday's trade.
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Australia Private Sector Credit Rises 0.9% In June

Australia Private Sector Credit Rises 0.9% In June

Private sector credit in Australia was up 0.9 percent on month in June, the Reserve Bank of Australia said on Friday - unchanged from the previous month following an upward revision from 0.8 percent.
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Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is significantly higher on Friday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 6,900 level, following the broadly positive cues from global markets overnight, with gains across most sectors, particularly resources, energy and technology stocks.
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Hong Kong Stock Market Set To End Losing Streak

Hong Kong Stock Market Set To End Losing Streak

The Hong Kong stock market has finished lower in two straight sessions, slumping almost 300 points or 1.5 percent along the way. The Hang Seng Index now sits just above the 20,620-point plateau although it's tipped to stop the bleeding on Friday.
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China Stock Market May Reclaim 3,300-Point Level

China Stock Market May Reclaim 3,300-Point Level

The China stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,280-point plateau and it's tipped to open in the green again on Friday.
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Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market headed south again on Thursday, one day after halting the two-day slide in which it had stumbled almost 150 points or 1.1 percent. The Taiwan Stock Exchange now rests just above the 14,890-point plateau although it figures to bounce higher again on Friday.
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Japan Retail Sales Sink 1.4% On Month In June

Japan Retail Sales Sink 1.4% On Month In June

The value of retail sales in June was down a seasonally adjusted 1.4 percent on month in June, the Ministry of Economy, Trade and Industry said on Friday.
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Additional Support Expected For Singapore Stock Market

Additional Support Expected For Singapore Stock Market

The Singapore stock market has finished higher in three straight sessions, gathering almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,220-point plateau and it's tipped to open higher again on Friday.
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Tokyo Overall Inflation Jumps 2.5% On Year In July

Tokyo Overall Inflation Jumps 2.5% On Year In July

Overall consumer prices in the Tokyo region of Japan were up 2.5 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday.
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