2 hours ago Australia’s central bank considered raising interest rates in December but paused due to limited data: minutes The Reserve Bank of Australia considered a 25 basis point rate hike in December but ultimately decided to keep rates at 4.35%, central bank minutes showed. The RBA said the case for a rate hike was … [Read more…]
© Portal. FILE PHOTO: The Japanese national flag is raised at the Bank of Japan headquarters in Tokyo, Japan on September 20, 2023. Portal/Issei Kato/File photo By Wayne Cole SYDNEY (Portal) – Asian stocks fell on Monday after a subdued start to a week in which Japan’s central bank may move further away from its … [Read more…]
NEW YORK (AP) — Most of Wall Street rose Thursday after the previous day’s big rally on fears that multiple interest rate cuts could actually happen next year. The S&P 500 gained 0.3%, coming within 1.6% of its all-time highs reached early last year. The Dow Jones Industrial Average rose 158 points, or 0.4%, setting … [Read more…]
NEW YORK (AP) — Wall Street rose to its best level in nearly 23 months, just shy of its record high, after a report Tuesday showed inflation in the United States is behaving broadly as expected. The S&P 500 rose 0.5%, just 3.2% below its all-time high set early last year. The Dow Jones Industrial … [Read more…]
© Portal. Investing.com – Most Asian stocks rose, albeit modestly, on Monday as investors gathered ahead of a series of key central bank meetings this week, while Chinese shares fell on persistent signs of disinflation in the country. Regional markets picked up positive signals from Wall Street after US stock indexes rose more than expected … [Read more…]
40 minutes ago Blackpink’s contract extension relieves pressure on YG’s stock price: analyst Following news that K-pop girl group Blackpink has renewed its contracts with agency YG Entertainment, Minha Choi, senior analyst at Samsung Securities, said a “significant drag” on the label’s share price has been removed. On Wednesday, shares of YG rose 25% following … [Read more…]
4 hours ago Activity in India’s services sector grew slower than expected in November S&P Global said activity in India’s services sector grew slower than expected in November. The country’s services purchasing managers’ index came in at 56.9, down from 58.4 in October and also lower than the 58.0 expected in a Portal forecast. A … [Read more…]
Monday, November 27, 2023, 12:26 a.m. EST Beijing Stock Exchange asks major shareholders of listed companies not to reduce their holdings: Portal The Beijing Stock Exchange has urged major shareholders of listed companies not to reduce their holdings even if they are entitled to do so, Portal reported. Citing people familiar with the matter, Portal … [Read more…]
Pedestrians walk past an electronic board displaying the Nikkei stock average in front of a brokerage firm in Tokyo, Japan, October 31, 2023. Portal/Kim Kyung-Hoon ACQUIRES LICENSE RIGHTS SINGAPORE, Nov 28 (Portal) – Asian shares rose on Tuesday while the dollar hovered near its three-month low, as investors remained confident the Federal Reserve had completed … [Read more…]
Photographers take photos near a large screen showing stock prices on the Tokyo Stock Exchange (TSE) after the market opened on October 2, 2020 in Tokyo, Japan. Portal/Kim Kyung-Hoon/File Photo Acquire License Rights SYDNEY, Nov 24 (Portal) – Asian stocks were dragged lower by China on Friday as Wall Street, closed for a holiday, was … [Read more…]