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Europe: Shares end higher on tech support; banks slide
May 3, 2024
EUROPEAN shares notched its biggest one-day gain since a week ago on Friday (Apr 4), driven by gains in the technology sector, while banks dropped to over a week’s...
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
April 26, 2024
JAPAN is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki said on Friday, in a fresh warning to speculators as the currency fell further after...
Europe: Slide in defence stocks knocks down Stoxx 600
April 9, 2024
A SELL-OFF in defence stocks dragged Europe’s benchmark stock index lower on Tuesday (Apr 9), while investors braced for this week’s crucial US inflation data and the European Central...
Singapore stocks slide at Friday’s open; STI down 0.8%
April 5, 2024
SINGAPORE shares fell at the opening bell on Friday (Apr 5) morning despite broader regional gains, tracking overnight losses in the US market. As at 9.01 am, the Straits...
Singapore stocks slide on Wednesday; STI retreats 0.8%
April 3, 2024
SINGAPORE shares declined on Wednesday (Apr 3), after a slide in US stocks.The benchmark Straits Times Index (STI) shed 0.8 per cent or 25.06 points to 3,222.66.Across the broader...
China’s state banks step in to arrest yuan slide after key level breached, sources say
March 22, 2024
CHINA’S major state-owned banks were seen selling dollars on Friday, two people with knowledge of the matter said, in an attempt to arrest weakness in the yuan after it...
US: Nasdaq, S&P 500 slide at open as focus shifts to Fed
March 19, 2024
THE benchmark S&P 500 and the tech-heavy Nasdaq opened lower on Tuesday (Mar 19) as investors shifted their attention to the Federal Reserve’s two-day meeting with focus on economic...
US: Wall Street slips as chip stocks slide from record highs
March 8, 2024
WALL Street’s two major indexes turned red on Friday (Mar 8) with Nasdaq leading losses as high-flying chip stocks went into reverse and a labor market report showed that...