Forex News
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices 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 consumer and producer prices for January. Consumer price inflation is forecast to ease to 10.3 percent from 10.5 percent in December.
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729 days ago
Shirakiku Brand Spice Seasoning Products Recalled
Santa Fe Springs, California-based Wismettac Asian Foods, Inc. is recalling Shirakiku brand Spice Seasoning products citing undeclared allergens due to incorrect packaging, the U.S. Food and Drug Administration said. The recall involves Spice Ichimi Togarashi 300g and Spice Shichimi Togarashi 300g. The product package of Ichimi spice seasoning contains Shichimi spice seasoning contents.
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729 days ago
FSIS Warns Against Raw, Ready-To-Cook Stuffed Chicken Products
The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert against Tampa Bay Fisheries Inc.'s raw, ready-to-cook chicken entrée products due to misbranding and undeclared allergens. There is concern that the stuffed chicken products may be missing labeling that includes the list of ingredients and cooking instructions.
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729 days ago
Asian Markets A Sea Of Red After US Inflation Data
Asian stock markets are trading mostly in the red on Wednesday, following the mixed cues from Wall Street overnight, as traders digest the closely watched key U.S. inflation data, which accelerated in January but came in line with estimates, probably dashing hopes that the US Fed might further ease the pace of its interest rate hikes. Asian markets closed mostly higher on Tuesday.
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730 days ago
Thai Stock Market Expected To Remain Rangebound
The Thai stock market headed south again on Tuesday, one day after halting the five-day losing streak in which it had dropped more than 25 points or 1.5 percent. The Stock Exchange of Thailand now rests just above the 1,650-point plateau and it's likely to remain in that neighborhood again on Wednesday.
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730 days ago
Japanese Market Slightly Lower
The Japanese stock market is slightly lower on Wednesday after opening in the green, giving up some of the gains in the previous session, with the Nikkei 225 falling below the 27,600 level, following the mixed cues from Wall Street overnight, as traders reacted to higher-than-expected US inflation reading, which supports a case for further interest rate hikes.
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730 days ago
Soft Start Seen For Indonesia Stock Market
The Indonesia stock market has moved higher in two straight sessions, gathering more than 60 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 6,940-point plateau although it may run out of steam on Wednesday.
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730 days ago
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Australian Market Significantly Lower
The Australian stock market is significantly lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,400 levels, following the mixed cues from Wall Street overnight, dragged by tumbling financial stocks as traders reacted higher-than-expected US inflation reading, which supports a case for further interest rate hikes.
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730 days ago
Hong Kong Stock Market May Stop The Bleeding On Wednesday
The Hong Kong stock market has finished lower in three straight sessions, surrendering almost 510 points or 2.5 percent along the way. The Hang Seng Index now sits just above the 21,110-point plateau although it's due for support on Wednesday.
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730 days ago
Little Movement Seen For China Stock Market
The China stock market has finished higher in two straight sessions, collecting more than 30 points or 1 percent along the way. The Shanghai Composite Index now rests just above the 3,290-point plateau although it may spin its wheels on Wednesday.
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730 days ago
Tech Shares May Support Taiwan Stock Market
The Taiwan stock market on Tuesday wrote a finish to the three-day losing streak in which it had slipped more than 70 points or 0.5 percent. The Taiwan Stock Exchange now rests just above the 15,650-point plateau and it may tick higher again on Wednesday.
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730 days ago
Steady Start Eyed For Singapore Stock Market
The Singapore stock market has moved lower in back-to-back sessions, sinking more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the 3,320-point plateau although it figures to find traction on Wednesday.
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730 days ago
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has finished higher in three straight sessions, gathering more than 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,485-point plateau although it may be stuck in neutral on Wednesday.
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730 days ago
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