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China Exports Growth Beats Expectations; Imports Rise At Weaker Pace

China's exports grew more than expected in August, while imports growth weakened sharply amid weak domestic demand, official data revealed Tuesday. Exports posted an annual growth of 8.7 percent, faster than the 7.0 percent increase in July, data from customs office showed. This was the fastest expansion in 17 months. Economists had forecast shipments to climb 6.5 percent.
RTTNews | 122 일 전
Oracle Stock Up On Q1 Profit Above Street, Deals With Amazon, Google

Oracle Stock Up On Q1 Profit Above Street, Deals With Amazon, Google

Shares of Oracle Corp. gained around 9 percent in the after-hours trading on Monday after the tech major reported higher first-quarter earnings above market estimates, and a dividend. The company also announced partnerships with Amazon Web Services, Inc., Google Cloud, and certain other global organizations for Oracle Database.
RTTNews | 122 일 전
European Shares Seen Broadly Lower

European Shares Seen Broadly Lower

European stocks are seen opening broadly lower on Tuesday as investors await key German and U.S. inflation readings this week for more cues on interest rate cuts.
RTTNews | 122 일 전
Asian Markets Trading Mixed

Asian Markets Trading Mixed

Asian stock markets are trading mixed on Tuesday, following the positive cues from global markets overnight, as traders looked to pick up stocks at reduced levels following the steep drop seen last week while they await key inflation data from the U.S. that could impact the outlook for rates. Meanwhile, lingering concerns about the outlook for the U.S. economy is weighing on market sentiment.
RTTNews | 122 일 전
Sensex, Nifty Seen Tad Higher At Open

Sensex, Nifty Seen Tad Higher At Open

Indian shares are likely to open on a positive note Tuesday, though overall gains may remain capped somewhat as investors await key U.S. inflation data this week for clues on the size of potential rate cuts.
RTTNews | 122 일 전
Japanese Market Is Notably Higher

Japanese Market Is Notably Higher

Rebounding from the losses in the previous five sessions, the Japanese stock market is notably higher on Tuesday, snapping a five-session winning streak, with the Nikkei 225 moving up to be a tad below the 36,400 level, following the broadly positive cues from global markets overnight, with gains across all the sectors led by index heavyweights and technology stocks.
RTTNews | 122 일 전
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Win Streak May Continue For Thai Stock Market

Win Streak May Continue For Thai Stock Market

The Thai stock market has moved higher in five straight sessions, collecting more than 80 points or 5.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,430-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.
RTTNews | 122 일 전
Indonesia Shares Tipped To Bounce Higher Again On Tuesday

Indonesia Shares Tipped To Bounce Higher Again On Tuesday

The Indonesia stock market on Monday ended the three-day winning streak in which it had collected more than 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 7,700-point plateau although it figures to see renewed support on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The JCI finished slightly lower on Monday following losses from the resource stocks and mixed performances from the financial shares and cement companies. For the day, the index dipped 19.11 points or 0.25 percent to finish at 7,702.74 after trading between 7,654.73 and 7,748.33. Among the actives, Bank CIMB Niaga slid 0.26 percent, while Bank Danamon Indonesia fell 0.38 percent, Bank Negara Indonesia rallied 1.33 percent, Bank Central Asia dipped 0.24 percent, Bank Rakyat Indonesia dropped 0.96 percent, Bank Maybank Indonesia collected 0.87 percent, Indocement and United Tractors both improved 0.74 percent, Semen Indonesia and Astra International both shed 0.50 percent, Indofood Sukses Makmur retreated 1.42 percent, Energi Mega Persada tumbled 1.96 percent, Astra Agro Lestari tanked 2.64 percent, Aneka Tambang slumped 1.12 percent, Jasa Marga plunged 3.35 percent, Vale Indonesia sank 0.82 percent, Timah surrendered 3.00 percent, Bumi Resources skidded 1.02 percent and Bank Mandiri and Indosat Ooredoo Hutchison were unchanged. The lead from Wall Street is upbeat as the major averages opened higher on Monday and remained well in the green throughout the trading day.
RTTNews | 122 일 전
Oversold Hang Seng Called Higher On Tuesday

Oversold Hang Seng Called Higher On Tuesday

The Hong Kong stock market has moved lower in five straight sessions, slumping more than 800 points or 4.6 percent in that span. The Hang Seng Index now sits just beneath the 17,200-point plateau although it's expected to halt its slide on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.
RTTNews | 122 일 전
Australian Market Notably Higher

Australian Market Notably Higher

Reversing the losses in the previous session, the Australian stock market is trading notably higher on Tuesday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is moving above the 8,000 mark, with gains across most sectors led by mining and energy stocks amid spiking commodity prices.
RTTNews | 122 일 전
China Shares May Stop The Bleeding On Tuesday

China Shares May Stop The Bleeding On Tuesday

The China stock market has moved lower in back-to-back sessions, stumbling more than 50 points or 1.9 percent along the way. The Shanghai Composite Index now sits just above the 2,735-point plateau although it's expected to open to the upside on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The SCI finished sharply lower on Monday following losses from the financial shares, property stocks and resource companies. For the day, the index dropped 29.32 points or 1.06 percent to finish at 2,736.49 after trading between 2,726.97 and 2,756.56. The Shenzhen Composite Index lost 8.95 points or 0.59 percent to end at 1,496.23. Among the actives, Industrial and Commercial Bank of China shed 0.53 percent, while Bank of China dropped 0.85 percent, China Construction Bank sank 0.84 percent, China Merchants Bank surrendered 3.23 percent, Agricultural Bank of China collected 0.22 percent, China Life Insurance shed 0.74 percent, Jiangxi Copper retreated 1.21 percent, Aluminum Corp of China (Chalco) tumbled 1.86 percent, Yankuang Energy plummeted 5.62 percent, PetroChina stumbled 2.74 percent, China Petroleum and Chemical (Sinopec) tanked 3.33 percent, Huaneng Power skidded 1.05 percent, China Shenhua Energy slumped 2.16 percent, Gemdale improved 0.83 percent, Poly Developments declined 1.95 percent and China Vanke weakened 1.55 percent.
RTTNews | 122 일 전
Renewed Support Predicted For Taiwan Stock Market

Renewed Support Predicted For Taiwan Stock Market

The Taiwan stock market on Monday snapped the two-day winning streak in which it had jumped more than 440 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 21,150-point plateau although it's expected to bounce higher again on Tuesday. The global forecast for the Asian markets is positive on anticipated bargain hunting and on the outlook for interest rates. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion. The TSE finished sharply lower on Monday following losses from the technology stocks and plastics companies, while the financials were mixed. For the day, the index retreated 290.75 points or 1.36 percent to finish at 21,144.44 after trading between 20,922.51 and 21,163.91. Among the actives, Cathay Financial slumped 1.57 percent, while Mega Financial collected 0.51 percent, CTBC Financial shed 0.61 percent, First Financial fell 0.37 percent, Fubon Financial dropped 2.38 percent, E Sun Financial rallied 1.45 percent, Taiwan Semiconductor Manufacturing Company stumbled 2.07 percent, United Microelectronics Corporation slumped 1.28 percent, Hon Hai Precision tanked 2.55 percent, Largan Precision retreated 1.46 percent, Catcher Technology rose 0.21 percent, MediaTek plunged 3.49 percent, Delta Electronics plummeted 3.46 percent, Novatek Microelectronics declined 1.52 percent, Formosa Plastics sank 2.70 percent, Nan Ya Plastics weakened 1.62 percent and Asia Cement lost 0.44 percent.
RTTNews | 122 일 전

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