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South Korea GDP Climbs 0.6% In Q2
South Korea's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the second quarter of 2023, the Bank of Korea said in Tuesday's advance estimate.
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1155 days ago
Win Streak May Continue For South Korea Stock Market
The South Korea stock market has moved higher in two straight trading days, collecting almost 30 points or 1.1 percent along the way. The KOSPI now rests just beneath the 2,630-point plateau and it may tick higher again on Tuesday.
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1155 days ago
South Korea GDP Data Due On Tuesday
South Korea will on Tuesday release preliminary Q2 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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1155 days ago
TSX Ends Marginally Up After Cautious Session
The Canadian market ended marginally up on Monday thanks to strong gains in the energy sector as oil prices rose sharply.
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1155 days ago
Dollar Stays Firm Against Major Counterparts
The U.S. dollar climbed higher on Monday, extending recent gains, with traders awaiting the Federal Reserve's monetary policy announcement, due later in the week.
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1155 days ago
Canadian Market Modestly Higher As Energy Stocks Rise
The Canadian market is modestly higher in late afternoon trades on Monday, led by strong gains in the energy space.
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1155 days ago
Swiss Market Fails To Hold Gains, Ends Modestly Lower
The Swiss market recovered after opening weak on Monday, but slipped around early afternoon and then spent the rest of the day's session in negative territory to eventually close modestly lower.
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1155 days ago
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European Stocks Close On Mixed Note
European stocks ended flat on Monday with data showing a slowdown in business activity in Europe, and an inconclusive election result in Spain rendering the mood cautious.
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1155 days ago
UK Private Sector Logs Weakest Growth In 6 Months
The UK private sector expanded at the slowest pace in six months in July as rising interest rates, high inflation and uncertain economic outlook pose strong headwinds to business activity. The flash composite output index dropped to a six-month low of 50.7 from 52.8 in the previous month, survey results from S&P Global and the Chartered Institute of Procurement & Supply showed Monday.
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1155 days ago
Euro Drops As Eurozone PMI Disappoints
The euro weakened against its most major counterparts in the European session on Monday, as the bloc's business activity contracted more than expected in July, raising the risk of a recession in the second half of the year.
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1155 days ago
Eurozone Private Sector Downturn Raises Recession Risk
Signaling the risk of a recession, the euro area private sector activity declined at the fastest pace in eight months in July as the downturn gathered pace at the start of the third quarter. The HCOB composite output index dropped to an eight-month low of 48.9 in July from 49.9 in June, flash results of a closely watched S&P Global purchasing managers' survey showed on Monday.
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1155 days ago
Adidas Flooded With Orders Worth 508 Mln Euros For First Batch Of Unsold Yeezy Shoes: FT
German sportswear brand Adidas AG (ADDDF.PK) was flooded with orders worth 508 million euros or about $568 million, for 4 million pairs in the first batch of online sales of unsold Yeezy shoes despite severing ties with rapper Kanye West, now known as Ye, the Financial Times reported on Monday.
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1155 days ago
Baxter Int'l Launches PERCLOT Absorbable Hemostatic Powder In The US
Baxter International Inc. (BAX) announced Monday the launch of PERCLOT Absorbable Hemostatic Powder in the U.S. PERCLOT is a passive, absorbable hemostatic powder that is ready to use and designed for patients with intact coagulation to address mild bleeding.
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1155 days ago
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