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Malaysia Stock Market May Hand Back Wednesday's Gains
The Malaysia stock market bounced higher again on Wednesday, one session after snapping the six-day winning streak in which it had gathered more than 70 points or 5.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although it's likely to turn lower again on Thursday.
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889 days ago
South Korea GDP Expands 0.3% On Quarter In Q3
South Korea's gross domestic product improved a seasonally adjusted 0.3 percent on quarter in the third quarter of 2022, the Bank of Korea said on Thursday.
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890 days ago
South Korea GDP Rises 0.3% On Quarter In Q3
South Korea's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2022, the Bank of Korea said on Thursday.
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890 days ago
Tech Shares Likely To Weigh On South Korea Market
The South Korea stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had dropped more than 35 points or 1.5 percent. The KOSPI now rests just beneath the 2,250-point plateau although it figures to head south again on Thursday.
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890 days ago
South Korea GDP Data Due On Thursday
South Korea will on Thursday release an advance estimate for Q3 gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 2.8 percent on year, easing from 0.7 percent on quarter and 2.9 percent on year in the previous three months.
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890 days ago
TSX Ends On Firm Note After BoC Interest Rate Announcement
Despite paring a substantial portion of its intraday gains, the Canadian market ended on a firm note on Wednesday, thanks to strong buying in several stocks from communications, healthcare, energy and materials sections.
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890 days ago
Dollar Continues To Slide Against Major Rivals
The U.S. dollar fell against most its major counterparts on Wednesday amid rising speculation the Federal Reserve will slowdown the pace of its interest rate hikes.
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890 days ago
more news
Swiss Market Ends Modestly Higher
After a weak start and a subsequent rebound, the Switzerland stock market tumbled into the red on Wednesday, but recovered gradually past mid afternoon to eventually end the day's session on a positive note.
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890 days ago
European Stocks Close Higher Again As Markets React To Earnings, Economic Data
European stocks closed higher on Wednesday, extending recent gains, as investors continued to react to earnings updates and looked ahead to the European Central Bank's monetary policy meeting.
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890 days ago
TSX Up Sharply As Bay Street Cheers BoC Rate Decision
The Canadian market is up firmly in positive territory a little past noon on Wednesday, extending its morning gains after the Bank of Canada announced a less than expected hike in interest rates.
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890 days ago
Canadian Dollar Weakens As BoC Slows Interest Rate Hike
The Canadian dollar dropped against its major counterparts in the New York session on Wednesday, after the Bank of Canada raised its policy rate by 50 basis points, instead of a 75 basis-point move expected by economists.
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890 days ago
Bank Of Canada Raises Interest Rates Less Than Expected
Citing elevated inflation, the Bank of Canada on Wednesday announced its sixth consecutive interest rate increase of the year. The Bank of Canada raised its target for the overnight rate by 50 basis points to 3.75 percent, although economists had been expecting another 75 basis point rate hike.
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890 days ago
U.S. New Home Sales Pull Back Less Than Expected In September
The Commerce Department released a report on Wednesday showing new home sales in the U.S. pulled back sharply in September after unexpectedly skyrocketing in August, although the decrease was smaller than expected. The report showed new home sales tumbled by 10.9 percent to an annual rate of 603,000 in September.
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890 days ago
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