Author Archives: Editor - Stock Markets News

Bursa extends gains mid-morning

KUALA LUMPUR: Bursa Malaysia extended its gains at mid-morning today as the overnight rise in Wall Street fuelled optimism in the local equities market. At 11am, the benchmark index stood at 1,845.71, up 2.93 points, after opening 1.81 points better … Continue reading

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Titan shares slump after earnings

Reuters Market Eye – Watches and jewellery maker Titan Company Ltd on slumps as much as 6.8 percent. Heads towards biggest single-day fall since Sept. 2013. July-Sept. earnings lagged some estimates. Profit rose 28.6 percent to 2.4 billion rupees ($39.12 … Continue reading

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Japan shares soar, yen skids after BOJ stuns with more easing steps

By Lisa Twaronite TOKYO (Reuters) – Japanese stocks jumped and the yen skidded to six-year lows against the dollar on Friday after the Bank of Japan surprised markets with fresh easing steps – a move aimed at stoking inflation and … Continue reading

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KL shares finish higher

KUALA LUMPUR: Upbeat sentiment from Wall Street’s overnight gains drove Bursa Malaysia to close higher today, with all indices recording positive movement. The FTSE Bursa Malaysia KLCI (FBM KLCI) ended at an intra-day high of 1,855.15, up 12.37 points, after … Continue reading

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Visa and Baidu are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Visa Inc., up $21.99 to $236.65 The world’s largest processor of debit and credit card payments … Continue reading

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US STOCKS-Wall St up on GDP, earnings; fund year-end lifts winners

* Nikkei report on GPIF allocation changes gives stockssupport * Visa (Xetra: A0NC7B – news) , MasterCard rally after results * Third-quarter GDP tops expectations * Indexes up: Dow 1.3 pct, SP 500 0.6 pct, Nasdaq 0.4 pct By Rodrigo … Continue reading

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Dollar surges as Fed ends QE on hawkish note

By Yasmeen Abutaleb NEW YORK (Reuters) – The dollar surged to a three-week high and government bond yields rose on Thursday, one day after the U.S. Federal Reserve took a more hawkish tone in its assessment of the economy as … Continue reading

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Starbucks sales disappoint

SEATTLE (AP) — Starbucks on Thursday reported higher sales for its fiscal fourth quarter but the results missed Wall Street expectations and shares of the coffee chain declined. The Seattle-based company said global sales at established locations rose 5 percent, … Continue reading

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Opera Software third-quarter earnings beat forecasts

OSLO (Reuters) – Norway’s Opera Software reported third-quarter earnings just ahead of expectations on Thursday and said its full year profit would be at the top end of its guidance range. Opera’s adjusted earnings before interest, taxes, depreciation and amortisation … Continue reading

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GE in talks to sell stake in South Korea finance JVs

(Reuters) – General Electric Co is in early stage talks to sell its stakes worth more than $1 billion (625.72 million pounds) in its South Korean auto-financing and credit card businesses, the Wall Street Journal reported, citing people familiar with … Continue reading

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