Japanese stocks fell slightly after setting a new record the previous day, as investors began to take profits. The Nikkei 225 weakened around 0.3% to 50,383, while the Topix fell 0.5% to 3,308, dragged down by electronics and service sector stocks. After the euphoria surrounding the Nikkei breaking through 50,000 for the first time, market…
Oct 10 2024, 08:58 Oil edged higher after a two-day decline as traders watched for an Israeli response to Iran’s missile attack early last week, while US crude stockpiles expanded the most since April. Brent traded near $77 a barrel and West Texas Intermediate was close to $74. The market remains on edge about Israel’s intentions…
May 14 2025, 09:55 Hong Kong stocks rose 259 points, or 1.1%, to 23,368 in early trade on Wednesday, recovering from sharp losses in the previous session as most sectors rallied ahead of key earnings from major Chinese technology companies. The Hang Seng Tech Index led the gains, jumping 1.3%, after a rally in U.S….
Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key U.S. inflation data that could provide further insight into the Federal Reserve’s next policy decision. Spot gold fell 0.4% to $2,462.19 per ounce by 0259 GMT, after hitting its highest level since Aug….
Japan’s Nikkei index edged up 0.2% on Wednesday (December 23rd), reaching 50,519.41, following gains on Wall Street overnight. The rise was fueled by recently released US economic data, which painted a mixed picture but still showed resilience. Despite concerns about some indicators, solid employment data and a sharp rise in US corporate profits reinforced the…
European markets opened mixed on Thursday as investors process a raft of central bank action. The pan-European Stoxx 600 index was 0.05% lower in early deals, with sectors and major bourses across the region trading diverging. Media and chemicals stocks were both down 0.82% while mining stocks were up 0.5%. The Bank of England announces…
