(RTTNews) - The Indonesia stock market has moved higher in two straight sessions, collecting more than 40 points or 0.6 percent along the way. The Jakarta Composite Index now sits just above the 7,100-point plateau although it may run out of steam on Wednesday.
Oil prices fell in Wednesday Asian morning trading as markets continue to doubt the impact of OPEC+ cuts and take cues from a worsening demand outlook in China.
(RTTNews) - Australian shares are trading significantly higher on Wednesday, recovering from the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 7,100 level, following the mixed cues from global markets overnight, with gains across most sectors led
The main lobbying group for U.S. retailers retracted its claim that "organized retail crime" accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.
The dollar will loosen its grip on other G10 currencies in 2024, with a dimmer outlook for the currency as the U.S. Federal Reserve was expected to start cutting interest rates next year, a Reuters poll of FX strategists found.
(RTTNews) - The Hong Kong stock market has moved lower in three straight sessions, stumbling almost 720 points or 4.5 percent along the way. The Hang Seng Index now sits just above the 16,325-point plateau although it's due for support on Wednesday.
It's rare for an exchange-traded fund (ETF) to move by double digits in a single month, but that's exactly what happened with the Invesco QQQ Trust (NASDAQ: QQQ) in November. The ETF tracks the Nasdaq 100 index, which is made up of the 100 largest non-financial Nasdaq stocks, and
Australia's economy barely grew in the third quarter as households cut back on spending and exports flagged, while productivity picked up as desired, suggesting rate hikes were working to restrain demand.
Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next year as bets on interest rate cuts from the U.S. Federal Reserve increase, a Reuters poll found.
(RTTNews) - The China stock market has tracked lower in back-to-back sessions, sinking almost 60 points or 2 percent along the way. The Shanghai Composite Index now sits just above the 2,970-point plateau and it may take further damage on Wednesday.
U.S. manufacturers reported business activity declined for the 13th consecutive month last month as the prolonged but relatively shallow industrial recession had a similar impact on fuel and electricity consumption.
The momentum propelling gold to a record $2,135.40 per ounce on Monday may fizzle short term, due to uncertainty over the timing of U.S. monetary easing, but wider geopolitical risks should also drive further gains towards fresh peaks, analysts said.
In trading on Tuesday, shares of Freedom Holding Corp (Symbol: FRHC) crossed below their 200 day moving average of $80.26, changing hands as low as $79.63 per share. Freedom Holding Corp shares are currently trading down about 2.4% on the day. The chart below shows the one ye
In trading on Tuesday, shares of Charter Communications Inc (Symbol: CHTR) crossed below their 200 day moving average of $384.54, changing hands as low as $359.02 per share. Charter Communications Inc shares are currently trading down about 8.7% on the day. The chart below sh
Shares of enterprise data company Snowflake (NYSE: SNOW) rose 29.3% in November, according to data provided by S&P Global Market Intelligence. The stock got a boost early in the month, thanks to celebrated financial results from Datadog -- a company that benefits from similar
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.24%. Stocks on Tuesday settled mixed. A decline in bond...
Shares of NXP Semiconductors (NASDAQ: NXPI) gained 18.4% in November, according to data from S&P Global Market Intelligence. The Dutch-American microchip maker posted solid earnings last month, but the fuel for NXP's fires actually came from a different source: a long-running leg
Germany's Merck KGaA said its experimental multiple sclerosis drug evobrutinib did not meet the primary goal in highly anticipated late-stage trials, dealing a major blow to the company's growth ambitions.