Malaysia Stock Market Expected To Remain Rangebound

The Malaysia stock market has moved higher in two of three trading days since the end of the six-day losing streak in which it had tumbled more than 50 points or 3.4 percent. The Kuala Lumpur Composite Index new rests

Singapore Bourse May Test Support At 3,200 Points

The Singapore stock market on Monday snapped the two-day winning streak in which it had picked up more than 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,220-point plateau and it may take

Taiwan Stock Market May Take Further Damage On Tuesday

The Taiwan stock market on Monday wrote a finish to the two-day winning streak in which it had picked up more than 200 points or 1.2 percent. The Taiwan Stock Exchange now rests just above the 14,925-point plateau and

TotalEnergies Sells Its 49% Stake In Russian Termokarstovoye Gas Field To Novatek

Multi-energy company TotalEnergies SE (TTE, TTA.L) announced Friday the sale of its 49% stake in Terneftegas, engaged in developing the Russian Termokarstovoye gas field, to Russian natural gas producer Novatek, which

U.S. Personal Income, Spending Edge Modestly Higher In July

The Commerce Department released a report on Friday showing U.S. personal income increased by much less than expected in the month of July. The report showed personal income edged up by 0.2 percent in July after climbing

Fed Chair Powell Warns Of 'Some Pain' From Higher Interest Rates

In highly anticipated remarks at the Jackson Hole economic symposium on Friday, Federal Reserve Chair Jerome Powell acknowledged the central bank's efforts to combat inflation will cause "some pain" but argued a failure

U.S. Consumer Sentiment Improves Much More Than Previously Estimated In August

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by much more than previously estimated in the month of August. The report showed the consumer sentiment index

European Stocks Close Lower As Rate Hikes Jitters Weigh

European stocks closed sharply lower on Friday, weighed down by remarks from the Federal Reserve Chair Jerome Powell at the Jackson Hole symposium that the central bank's efforts to combat inflation will cause "some

Swiss Market Ends Notably Lower On Rate Hike Concerns

The Switzerland stock market ended notably lower on Friday, in line with markets across Europe, after Fed Chair Jerome Powell said in his speech at the Jackson Hole symposium that the central bank's efforts to combat

U.S. Dollar Gains Ground As Fed Chair Powell Hints At Aggressive Rate Hikes

The U.S. dollar turned higher against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell reiterated that the central bank would continue raising rates aggressively to lower