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Reser's Fine Meal Kits, Enoki Mushroom Recalled For Listeria Concern
The U.S. Food and Drug Administration has announced recalls of Reser's Fine Foods' meal kits, as well as Enoki King Mushroom Farm's Enoki Mushroom, citing possible Listeria monocytogenes contamination. Listeria monocytogenes is an organism that can cause listeriosis, a serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Monday.
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Singapore Maintains Monetary Policy For Sixth Straight Time
Singapore central bank maintained its monetary policy for the sixth consecutive meeting on Monday. The Monetary Authority of Singapore decided to keep the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centered.
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European Shares Poised For Mixed Open
European stocks are seen opening on a mixed note Monday as investors await cues from earnings and ponder over whether the U.S. Federal Reserve will cut interest rates in November.
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Sensex, Nifty Open Higher On Firm Global Cues
Indian shares opened on a positive note Monday, tracking mostly firm cues from global markets.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders react to the report showing producer prices in the U.S. were unexpectedly unchanged in September, reinforcing optimism the US Fed will continue lowering interest rates in the coming months, although hopes for another 50-basis point cut next month largely evaporated.
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Sensex, Nifty Likely To Open On Flat Note
Indian shares look set to open on a flat note Monday despite mostly positive cues from global markets.
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Additional Support Predicted For Indonesia Shares
The Indonesia stock market on Friday snapped the two-day slide in which it had dropped almost 80 points or 1.1 percent. The Jakarta Composite Index now rests just above the 7,520-point plateau and it may extend its gains on Monday.
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Australian Market Modestly Higher
The Australian stock market is currently trading modestly higher on Monday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,200.00 level, with gains in mining and financial stocks partially offset by weakness in energy stocks.
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Hang Seng Has Positive Lead For Monday's Trade
Ahead of Friday's holiday for the Double Ninth Festival, the Hong Kong stock market had ended the two-day slide in which it had plummeted more than 2,400 points or 11 percent. The Hang Seng Index now sits just above the 21,250-point plateau and it may open to the upside again on Monday.
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China Shares May Bounce Higher Again On Monday
The China stock market has moved lower in two of three trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,220-point plateau although it's got a firm lead for Monday's trade.
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Win Streak May Continue For Taiwan Stock Market
The Taiwan stock market has moved higher in back-to-back sessions, gathering almost 300 points or 1.3 percent along the way. The Taiwan Stock Exchange now rests just above the 22,900-point plateau and it's expected to open in the green again on Monday.
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Singapore GDP Grows 2.1% In Q3
Singapore's gross domestic product expanded a seasonally adjusted 2.1 percent on quarter in the third quarter of 2024, Statistics Singapore said in Monday's advance estimate.
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