New Zealand Unemployment Data Due On Wednesday
(RTTNews) - New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
Australia will see July results for the manufacturing and construction indexes from the Australian Industry Group; in June, their scores were -29.3 and -14.9, respectively.
Taiwan will provide July numbers for consumer prices; in June, overall inflation was up 0.14 percent on month and 1.37 percent on year.
Thailand will release July data for consumer prices; in June, overall inflation was down 0.25 percent on year and core CPI rose an annual 1.06 percent.
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Paramount, Warner Bros. Merger To Advance With State AGs Settlement
The proposed merger between Paramount Skydance Corp. and Warner Bros. Discovery, Inc. has cleared a key hurdle and is advancing after the California-Led coalition of 12 Attorneys General reached a settlement resolving the states' lawsuit over competition claims.
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56 minutes ago
European Shares Poised For Steady Open
European stocks are seen opening broadly higher on Tuesday after an AI-fueled rally on Wall Street overnight.
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1h 17min ago
Indian Shares Modestly Higher; IT Stocks Slip On AI Disruption Concerns
Indian shares were modestly higher in cautious trade on Tuesday, with underlying sentiment supported somewhat by falling crude oil prices in international markets amid hopes for diplomatic efforts to end the U.S.-Iran war and signs of recovering Saudi oil exports.
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2h 21min ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is moving up to near the 8,750 level, with gains in mining and technology stocks partially offset by weakness in energy and financial stocks.
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3h 36min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as easing crude oil prices allayed concerns about global inflation and the corresponding outlook for interest rates. Markets were also boosted by technology stocks which mirrored their peers on tech-heavy NASDAQ amid renewed optimism about outlook for large AI hyperscalers.
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3h 57min ago
Indian Shares Likely To Open On Firm Note; Tech Stocks In Focus
Indian shares are seen opening higher on Tuesday, tracking firm cues from global markets as investors keep an eye on the latest developments in the Middle East and await the outcome of the Trump-Xi meeting in Washington on Thursday, with trade, AI and geopolitics dominating the agenda.
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4h 26min ago
Thai Stock Market Likely To Open To The Upside
The Thai stock market has moved higher in three straight sessions, collecting more than 35 points or 2.3 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,600-point plateau and it's expected to tick higher again on Tuesday.
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5h 0min ago
Indonesia Stock Market Due For Support On Tuesday
The Indonesia stock market has finished lower in two straight sessions, surrendering almost 80 points or 1.3 percent in that span. The Jakarta Composite Index now sits just above the 6,380-point plateau although it may stop the bleeding on Tuesday.
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5h 30min ago
