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Losing Streak May Continue For Malaysia Stock Market
The Malaysia stock market has finished lower in four straight sessions, dropping more than 40 points or 2.9 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,380-point plateau and it may again extend its losses on Thursday.
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Renewed Consolidation Called For South Korea Shares
The South Korea stock market on Wednesday wrote a finish to the two-day slide in which it had dropped more than 45 points or 2 percent. The KOSPI now rests just above the 2,200-point plateau although it may tick lower again on Thursday.
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New Zealand Food Prices Surge 0.9% On Month In September
Food prices in New Zealand were up a seasonally adjusted 0.9 percent on month in September, Statistics New Zealand said on Thursday.
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Japan Producer Price Data Due On Thursday
Japan will on Thursday release September figures for producer prices and bank lending, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends Marginally Down
The Canadian market recovered gradually after early weakness on Wednesday, and even managed a brief spell in positive territory around mid afternoon before turning a bit subdued again to eventually close marginally down.
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Dollar Turns In Sluggish Performance As Markets Await Inflation Data
The U.S. dollar turned in a sluggish performance on Wednesday with traders looking ahead to the crucial inflation data for the month of September, for clues about Federal Reserve's next move on interest rate hikes.
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U.S. Stocks Close Weak As Investors Weigh Fed Minutes, Await Inflation Data
U.S. stocks failed to hold early gains and ended lower on Wednesday with traders reacting to the minutes from the Federal Reserve's most recent policy meeting, and looking ahead to the crucial consumer price inflation data.
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U.S. Stocks Modestly Higher In Cautious Trade
U.S. stocks are modestly higher in late afternoon trades on Wednesday with investors weighing the minutes from the Federal Reserve's policy meeting in September.
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Swiss Market Ends Marginally Down After Choppy Ride
The Switzerland stock market ended marginally down on Wednesday after a choppy ride with investors looking for direction ahead of crucial U.S. inflation data, due on Thursday.
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European Stocks Close Lower For 6th Straight Session On Growth Concerns
European stocks closed lower on Wednesday, extending recent losses, as global growth concerns, rising interest rates and geopolitical tensions continued to weigh.
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Canadian Shares Turning In Mixed Performance In Cautious Trade
Canadian stocks are turning in a mixed performance Wednesday morning, with investors largely making cautious moves ahead of some crucial economic data, including a report on U.S. inflation, due later in the week.
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Elon Musk Launches 'Burnt Hair' Perfume
Elon Musk, CEO of luxury electric car maker Tesla, is promoting "Burnt Hair perfume," a product launched by his tunnel construction firm The Boring Co. in a couple of tweets on Wednesday. This has also seen Musk changing his Twitter bio to "Perfume Salesman" in his bid to boost the sales of the $100 perfume bottle.
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Marks & Spencer To Close 67 Stores While Opening 104 Food Stores Over Next 5 Years
Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) said Wednesday it will invest 200 million British pounds across the C&H and Food divisions over the next few years while reshaping for growth and value creation, according to an investor presentation made by Chief Executive Stuart Machin and Co-Chief Executive Katie Bickerstaffe.
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