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Singapore Shares Tipped To Remain Rangebound On Tuesday
The Singapore stock market on Monday snapped the two-day slide in which it had slipped almost 15 points or 0.3 percent. The Straits Times Index now rests just beneath the 5,000-point plateau and it's expected to remain in that neighborhood again on Tuesday.
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115 days ago
Japan GDP Adds 0.5% In Q1
Japan's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the first quarter of 2026, the Cabinet Office said in Tuesday's preliminary reading.
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115 days ago
Malaysia Bourse May Stop The Bleeding On Tuesday
The Malaysia stock market has moved lower in four straight sessions, slipping almost 25 points or 1.4 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,725-point plateau and it's due for support on Tuesday.
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115 days ago
Japan Shares May Find Traction On Tuesday
The Japanese stock market has finished lower in three straight sessions, plunging almost 2,400 points or 4 percent in that span. The Nikkei sits just above the 60,800-point plateau although it may stop the bleeding on Tuesday.
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115 days ago
Little Movement Seen For South Korea Stock Market
The South Korea stock market ticked higher again on Monday, one session after ending the two-day winning streak in which it had rallied almost 340 points or 4.2 percent. The KOSPI now sits just above the 7,515-point plateau and it may be stuck in neutral on Tuesday.
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115 days ago
Japan GDP Data Due On Tuesday
Japan will on Tuesday release preliminary Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.4 percent on quarter and 1.7 percent on year, up from 0.3 percent on quarter and 1.3 percent on year in the three months prior.
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115 days ago
U.S. Dollar Edges Lower As Iran Offers New Plan To US To End Gulf War
The U.S. Dollar value inched lower after reports indicated that Iran has sent a new 14-point peace proposal to the U.S. through Pakistan to end the war which boosted investor sentiments. In addition, the U.S. halted its planned attack on Iran for tomorrow at the request of Gulf leaders, reducing war concerns.
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115 days ago
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Swiss Market Ends Marginally Up
After opening weak and languishing in negative territory for much of the afternoon, the Switzerland market found some support and managed to end marginally up on Monday.
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115 days ago
European Markets Close On Firm Note
European stocks started off on a weak note on Monday but recovered and gained in strength as the day progressed after Iran said it had responded to a fresh proposal from the U.S.
According to reports, Washington has reportedly proposed a temporary exemption from sanctions on Iranian oil exports.
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115 days ago
U.S. Homebuilder Confidence Unexpectedly Rebounds In May
After reporting a notable deterioration in U.S. homebuilder confidence in the previous month, the National Association of Home Builders released a report on Monday showing an unexpected improvement in homebuilder confidence in the month of May. The report said the NAHB/Wells Fargo Housing Market Index climbed to 37 in May after slumping to a seven-month low of 34 in April.
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116 days ago
Dollar Surges As Markets Fret About Iran Impasse, Inflation
The U.S. Dollar rebounded and rallied emphatically against major currencies during the week ended May 15 as the Middle East conflict drifted farther from a diplomatic resolution bolstering safe haven demand for the U.S. dollar. The greenback was also lifted by the war-led and fuel-driven inflation spike that threatened to goad the Federal Reserve towards a hawkish monetary policy stance.
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116 days ago
China Economic Indicators Signal Slowdown
China's industrial production and retail sales logged weaker-than-expected growth in April, and investment shrunk signaling an economic slowdown in the second quarter as the ongoing Middle East conflict strain supply chains and push energy prices higher, official data revealed Monday. Industrial production rose 4.1 percent year-on-year in April, the National Bureau of Statistics reported.
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116 days ago
Baidu Q1 Profit Drops, AI Revenues Rise; Sees AI Growth Ahead; Stock Rises
Shares of Baidu Inc. were gaining around 4 percent in the pre-market activity on Nasdaq after the Chinese AI and internet company Monday reported significantly higher revenues in Core AI-powered Business in its first quarter and projected AI growth ahead, even as net profit and total revenues dropped from last year.
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116 days ago
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