(RTTNews) - The Taiwan stock market on Wednesday ended the four-ay losing streak in which it had dropped almost 1,500 points or 3.1 percent. The Taiwan Stock Exchange now sits just above the 48,625-point plateau although it may head south again on Thursday.
(RTTNews) - The Singapore stock market on Wednesday wrote a finish to the two-day winning streak in which it had gathered almost 30 points or 0.6 percent. The STI now sits just above the 5,420-point plateau and the losses may accelerate on Thursday.
(RTTNews) - The Malaysia stock market has finished higher in four straight sessions, collecting almost 30 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,630-point plateau although the rally may stall on Thursday.
(RTTNews) - The Japan stock market has tracked lower in five straight sessions, slumping more than 2,930 points or 4.2 percent in that span. The Nikkei now sits just beneath the 67,750-point plateau and it's looking at another soft start again on Thursday.
(RTTNews) - The South Korea stock market has finished lower in six straight sessions, plummeting more than 1,000 points or 15 percent along the way. The KOSPI now sits just above the 6,000-point plateau and it's got another weak lead for Thursday's trade.
Bank of America (NYSE:BAC), a global consumer, commercial, and investment banking franchise, closed at $51.39, down 4.76%. Premarket earnings missed estimates, and investors are watching trading revenue, compliance costs, and loan growth next. Trading volume reached 115.1M shares
SoFi Technologies (NASDAQ:SOFI), a popular digital financial services platform, closed at $14.22, down 6.69%. The stock reached a 52-week low today, pressured by hotter-than-expected inflation data and pressure on lenders.
(RTTNews) - Bending Spoons S.p.A. (BSP) shares surged 35 percent after a securities filing revealed that Berkshire Hathaway agreed to make an additional $330 million investment in the Italy-based software company.
(RTTNews) - Delta Air Lines (DAL) is expanding its luxury offerings as demand grows for premium travel, increasing its fleet of Porsche vehicles used to transport high-value customers directly to aircraft from 40 to 70.