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Asian Stocks End Lower On Recession Worries

Asian Stocks End Lower On Recession Worries

Asian markets traded lower on Friday as rate hikes and a hawkish posture by central banks worldwide spooked investor confidence and triggered fears of a recession. Benchmarks in Japan, China, Australia, New Zealand and South Korea plunged into red while the Hang Seng advanced from Thursday's levels.
RTTNews | Pred 780 dňami
Twitter Suspends Accounts Of Some Key Journalists

Twitter Suspends Accounts Of Some Key Journalists

Elon Musk's Twitter has suspended accounts of several high-profile journalists including that of CNN, The New York Times, The Washington Post, as well as Mastodon, a Twitter rival. Musk, while replying to a Twitter user, said, "They posted my exact real-time location, basically assassination coordinates, in (obvious) direct violation of Twitter terms of service."
RTTNews | Pred 780 dňami
UK Retail Sales Unexpectedly Fall Amid Cost Of Living Crisis, Weak Confidence

UK Retail Sales Unexpectedly Fall Amid Cost Of Living Crisis, Weak Confidence

UK retail sales declined unexpectedly in November as the rising cost of living and weak consumer sentiment dragged down consumer spending. Retail sales volume fell 0.4 percent from October, when turnover was up by revised 0.9 percent, data from the Office for National Statistics showed Friday. Sales were expected to gain 0.3 percent.
RTTNews | Pred 780 dňami
European Economics News Preview: Eurozone Flash PMI, Inflation Data Due

European Economics News Preview: Eurozone Flash PMI, Inflation Data Due

Flash Purchasing Managers' survey results, foreign trade and final inflation reports from the euro area are the top economic news due on Friday, headlining a busy day. Retail sales and flash PMI figures are also due from the UK. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for November. Sales are forecast to climb 0.3 percent on month.
RTTNews | Pred 780 dňami
Recession Fears Seen Dragging Down European Stocks

Recession Fears Seen Dragging Down European Stocks

Markets in Europe are expected to remain muted amidst overwhelming anxiety regarding prolonged period of interest rate hikes. Close on the heels of the Fed's rate hike on Wednesday, the Bank of England and the European Central Bank, both raised rates by 50 basis points, instilling fresh fears of a recessionary economic scenario.
RTTNews | Pred 780 dňami
Sensex, Nifty Down Firmly In Negative Territory On Global Growth Worries

Sensex, Nifty Down Firmly In Negative Territory On Global Growth Worries

Indian stock indices Sensex and the Nifty are down firmly in negative territory on Friday, extending losses from the previous session, amid concerns about global economic slowdown due to surging interest rates, and further imminent increases from central banks.
RTTNews | Pred 780 dňami
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Asian Markets Mostly Lower Amid Cautious Trades

Asian Markets Mostly Lower Amid Cautious Trades

Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, with traders remaining largely cautious as aggressive interest rate hikes by global central banks will push the economy into a recession. Asian markets ended mostly lower on Thursday.
RTTNews | Pred 780 dňami
Thai Stock Market May Take Further Damage On Friday

Thai Stock Market May Take Further Damage On Friday

The Thai stock market on Thursday ended the three-day winning streak in which it had gathered more than a dozen points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,620-point plateau and it's expected to open under pressure again on Friday.
RTTNews | Pred 780 dňami
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Friday, extending the losses in the previous session, with the benchmark Nikkei 225 falling to stay a tad above the 27,600 level, following the broadly negative cues from global markets overnight, with weakness across all sectors, led by technology stocks, as rising concerns about global economic growth due to surging interest rates dented sentiment.
RTTNews | Pred 780 dňami
Indonesia Bourse May Extend Losing Streak

Indonesia Bourse May Extend Losing Streak

The Indonesia stock market has finished lower in back-to-back sessions, sinking almost 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 6,750-point plateau and it may take further damage on Friday.
RTTNews | Pred 780 dňami
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 below the 7,200 level, following the negative cues from global markets overnight, with weakness across most sectors, led by technology, financial and gold miner stocks, as rising concerns about global economic growth due to surging interest rates dented sentiment.
RTTNews | Pred 780 dňami
Soft Start Anticipated For Hong Kong Stock Market

Soft Start Anticipated For Hong Kong Stock Market

The Hong Kong stock market on Thursday wrote a finish to the two-day winning streak in which it had gathered almost 210 points or 1.1 percent. The Hang Seng Index now sits just beneath the 19,370-point plateau and it's expected to open under pressure again on Friday.
RTTNews | Pred 780 dňami

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