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South Korea GDP Data Due On Thursday
(RTTNews) - South Korea will on Thursday see preliminary Q1 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
GDP is expected to add 0.1 percent on quarter and 0.2 percent on year after expanding 0.1 percent on quarter and 1.2 percent on year in the three months prior.
Japan will release March numbers for producer prices, with forecasts suggesting no change at an annual 3.0 percent.
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Hong Kong Bourse Tipped To Open In The Green
The Hong Kong stock market has finished higher in three straight sessions, advancing more than 1,000 points or 4.5 percent in that span. The Hang Seng Index now sits just above the 22,070-point plateau and it's got a solid lead again for Thursday's trade.
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18 minutes ago
Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 7,900 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
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25 minutes ago
Rebound Anticipated For China Stock Market
The China stock market on Wednesday snapped the two-day winning streak in which it had risen almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just beneath the 3,300-point plateau although it's likely to bounce higher again on Thursday.
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33 minutes ago
Higher Open Called For Taiwan Stock Market
The Taiwan stock market on Wednesday ended the two-day slide in which it had stumbled more than 600 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 19,640-point plateau and it's expected to open to the upside again on Thursday.
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1h 3min ago
Winning Streak May Continue For Singapore Stock Market
The Singapore stock market has climbed higher in seven straight sessions, rallying almost 325 points or 8.5 percent along the way. The Straits Times Index now sits just above the 3,830-point plateau and it's looking at another strong lead for Thursday's trade.
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1h 33min ago
Malaysia Shares May Open To The Upside On Thursday
The Malaysia stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had collected almost 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it's expected to open to the upside again on Thursday.
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2h 3min ago
South Korea GDP Contracts 0.2% In Q1
South Korea's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
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2h 13min ago
Japan Stock Market May Crack Resistance At 35,000 Points
The Japanese stock market on Wednesday wrote a finish to the two-day slide in which it had slumped almost 210 points or 0.7 percent. The Nikkei 225 now sits just beneath the 34,870-point plateau and it's expected to open to the upside again on Thursday.
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2h 18min ago
