Emerging Asian currencies were set to end the week in the red on Friday, with the Philippines' peso hitting a record low, after U.S. data bolstered the Federal Reserve's stance on policy tightening and pushed the dollar to a two-decade high.
(RTTNews) - Indian shares fluctuated in a narrow range on Friday, as investors awaited the release of all-important U.S. jobs data for August later in the day for clues on the size of the Federal Reserve's next interest-rate hike.
The dollar was headed for its third weekly gain in a row and stood near its highest levels in decades on the euro and yen on Friday, with investors in little mood for selling ahead of U.S. labour data that could bolster the case for interest rate hikes.
Australia on Friday increased its intake of permanent migrants to 195,000 this financial year, up by 35,000, in a bid to help businesses and industries battling widespread staff shortages and reduce reliance on short-term workers.
China will implement its audit agreement with the United States announced last Friday and will strengthen communication with foreign institutional investors, a senior Chinese securities regulatory official said on Friday.
Indian shares edged higher on Friday, helped by a surge in power stocks, while the gains were capped as investors awaited a critical U.S. jobs data that would provide clues on interest rate hikes.
U.S. employers likely continued to hire workers at a strong clip in August while steadily raising wages, signs of persistent labor market strength that could encourage the Federal Reserve to deliver a third 75 basis point interest rate hike this month.
Japan's economy likely expanded more than initially estimated in April-June thanks to solid business spending, a Reuters poll showed, but growth prospects in the current quarter and beyond may not be strong.
After a 25% growth over the last month, at the current price of around $24 per share, we believe Tripadvisor’s stock (NASDAQ: TRIP), an online travel company providing booking for hotel reservations, transportation, lodging, and travel experiences, could see further g
Dalian iron ore fell on Friday to its weakest level in more than five weeks, while the steelmaking ingredient hit a contract low in Singapore, dragged down by mounting concerns about demand as top steel producer China battles fresh COVID-19 outbreaks.
Gilead Sciences stock (NASDAQ: GILD) has seen a 14% fall this year, in line with the 15% fall for the broader S&P500 index. Looking at the longer term, GILD stock is down 13% from levels seen in late 2017. This marks a significant underperformance compared to some of i
(RTTNews) - The Japanese stock market is slightly lower in choppy trading on Friday, extending the losses in the previous two sessions, with the benchmark Nikkei 225 staying above the 27,600 level, following the mostly negative cues from global markets overnight, with the Yen dro
(RTTNews) - The Thai stock market has finished lower in two straight sessions, sinking more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's looking at a steady start on Friday.
(RTTNews) - Illumina Inc. (ILMN) said that it received a favorable decision from the Administrative Law Judge presiding over the Federal Trade Commission's or FTC challenge of Illumina's proposed $7.1 billion acquisition of cancer detection test maker Grail.
Taiwan's shooting down of a drone off the Chinese coast that buzzed a Taiwanese-controlled island was the most "appropriate" thing to do after repeated warnings, and China should exercise restraint, Taiwan Premier Su Tseng-chang said on Friday.
(RTTNews) - The Indonesia stock market on Thursday snapped the two-day winning streak in which it had gathered more than 45 points or 0.7 percent. The Jakarta Composite Index now rests just above the 7,150-point plateau although it's likely to find renewed support on Friday.
Asian shares were mixed and the dollar stood tall on Friday ahead of a key U.S. jobs report as investors braced for more aggressive rate hikes from the Federal Reserve, while commodities took an overnight dive amid new China lockdowns.
(RTTNews) - Novavax Inc. (NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, said that Nuvaxovid (NVX-CoV2373) COVID-19 vaccine has been recommended for expanded conditional marketing authorization
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