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South Korea Stock Market May Extend Wednesday's Gains

The South Korea stock market on Wednesday halted the four-day losing streak in which it had plunged more than 110 points or 4.8 percent. The KOSPI now rests just above the 2,255-point plateau and it may add to its winnings on Thursday.
RTTNews | Pred 846 dňami
Dollar Stays Weak Despite Paring Some Early Losses

Dollar Stays Weak Despite Paring Some Early Losses

The U.S. dollar traded weak against most of its major counterparts on Wednesday with traders focusing on the minutes of the Federal Reserve's December meeting for clues on the bank's monetary policy outlook.
RTTNews | Pred 846 dňami
China Services PMI Data Due On Thursday

China Services PMI Data Due On Thursday

China will on Thursday see December results for the services PMI from Caixin, highlighting a modest day for Asia-Pacific economic activity. In November, the PMI score was 46.7.
RTTNews | Pred 846 dňami
Fed Minutes Signal Further Interest Rate Hikes

Fed Minutes Signal Further Interest Rate Hikes

The Federal Reserve released the minutes of its December monetary policy meeting on Wednesday, reinforcing expectations the central bank is likely to continuing raising interest rates. The minutes reiterated that officials continue to anticipate that ongoing rate increases would be appropriate to achieve the Fed's dual objectives of maximum employment and price stability.
RTTNews | Pred 846 dňami
Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

Swiss stocks turned in a fine performance on Wednesday, extending gains from the previous session, thanks to positive global clues.
RTTNews | Pred 846 dňami
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U.S. Manufacturing Index Edges Down To Lowest Level Since May 2020

U.S. Manufacturing Index Edges Down To Lowest Level Since May 2020

The Institute for Supply Management released a report on Wednesday showing U.S. manufacturing activity contracted at a slightly faster rate in the month of December. The ISM said its manufacturing PMI edged down to 48.4 in December from 49.0 in November, with a reading below 50 indicating a contraction. Economists had expected the index to slip to 48.5.
RTTNews | Pred 846 dňami
Hyundai Motor America December Total Sales Up 40%

Hyundai Motor America December Total Sales Up 40%

Hyundai Motor America reported Wednesday that it sold a total of 72,058 units in the month of December, up 40 percent from last year's 51,340 units, driven by new December retail and total sales records for Venue, Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Santa Cruz, Kona EV and Kona N.
RTTNews | Pred 846 dňami
Kaltura Announces Re-organization Plan, To Cut About 11% Of Current Workforce

Kaltura Announces Re-organization Plan, To Cut About 11% Of Current Workforce

In a Form 8-K filing with the U.S. Securities and Exchange Commission on Wednesday, software company Kaltura, Inc. revealed that its Board of Directors approved on January 3, 2023 a re-organization plan that includes, among other things, downsizing approximately 11% of the Company's current workforce and adapting the Company's organizational structure, roles, and responsibilities accordingly.
RTTNews | Pred 846 dňami
U.S. Dollar Down As Fed Minutes In Focus

U.S. Dollar Down As Fed Minutes In Focus

The U.S. dollar dropped against its major counterparts in the European session on Wednesday, as investors awaited the minutes of the Federal Reserve's December meeting for more clarity on the monetary policy outlook.
RTTNews | Pred 846 dňami

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