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The stock market has not been performing well since the start of the year, no thanks to external factors and the lack of strong local catalysts.
NEW YORK, March 13 (Xinhua) -- The S&P 500 index entered correction territory on Thursday as U.S. stocks extended recent losses amid concerns over tariff-driven slowdown or contraction in economic growth and corporate earnings.
Wall Street ended sharply lower on Thursday and the S&P 500 confirmed it is in a correction after cool inflation data was overshadowed by fears that the escalating tariff war being waged by the United States against some of its biggest trading partners could reignite inflation and tip the economy into recession.
NEW YORK: Asian shares rose after President Donald Trump played down fears of a recession, which helped US stocks stage a late recovery after whipsawing all day.
Wall Street stocks finished lower on Thursday, with the Nasdaq confirming it has been in a correction since December, weighed down by market jitters over the current uncertainty surrounding US trade policy.
US stocks ended lower on Tuesday, with the tech-heavy Nasdaq veering near correction territory, as trade tensions escalated following US President Donald Trump's new tariffs on Canada, Mexico and China.
Bursa Malaysia and the benchmark FBM KLCI is poised for a lower lows for the time being as the odds of a recession in the United States has risen due to the impact of Trumps tariffs, a pause in the Federal Reserve rate normalisation and resulting weaker consumer and business confidence.
MIAMI (Reuters) - Hedge fund manager Bridgewater Associates said Chinese startup DeepSeek's launch of its latest artificial intelligence (AI) models could lead to a short-term correction in many tech companies' share prices but is positive for the industry.
The oil and gas (O&G) sector, weighed down by geopolitical uncertainties, is likely to experience a market correction rather than a prolonged downcycle, according to BIMB Securities Research.
Spain's leftist government on Tuesday unveiled a bill extending a requirement to publish corrections to digital platforms and social media influencers in a bid to fight disinformation.
HANOI: The Vietnamese stock market entered 2025 with a series of lacklustre trading sessions, weighed down by persistent selling pressure.
SINGAPORE: An anti-death penalty activist has been referred to the office that administers Singapore’s fake news law for investigation, after she defied an order to carry a correction notice in her social media posts about the legal processes for death row inmates.
A popular Malaysian singer is being treated fairly and respectfully in Narathiwat Provincial Prison, according to a Corrections Department statement published on Sunday.
KUALA LUMPUR: The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst.
Bursa Malaysia bucked the trend among key Asian stock markets, closing marginally higher by 0.03% at 1,600.09 points yesterday.
(Reuters) -Worries over tech earnings and a slowing U.S. economy slammed the Nasdaq Composite Index on Friday, putting it on track for a 10% decline from its early July record high, commonly termed a "correction" by market participants.
New York: Worries over tech earnings and a slowing US economy slammed the Nasdaq Composite index as it extends recent declines to fall 10% below its record high, confirming it is in correction territory.
KOTA KINABALU: Consumers in Sabah can rest assured that there are no immediate plans to raise electricity tariffs in the state.
US stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming recession.
BANGKOK: The Corrections Department insisted on Monday (Aug 5) that it had correctly calculated the date for the parole of former prime minister Thaksin Shinawatra on Feb 18.
