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Hong Kong Shares May Head South Again On Thursday
The Hong Kong stock market on Wednesday snapped the two-day slide in which it had tumbled almost 500 points or 1.9 percent. The Hang Seng Index now sits just above the 25,650-point plateau although it's expected to open in the red again on Thursday.
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13 days ago
Win Streak May End For China Stock Market
The China stock market has finished higher in two straight sessions, gathering more than 30 points or 0.7 percent along the way. The Shanghai Composite Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.
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13 days ago
Taiwan Stock Market May Be Stuck In Neutral On Thursday
The Taiwan stock market has moved higher in consecutive trading days, improving more than 1,050 points or 2.3 percent along the way. The Taiwan Stock Exchange now sits just beneath the 45,830-point plateau although it's likely to open under pressure on Thursday.
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13 days ago
Singapore Stock Market May Extend Wednesday's Losses
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had dropped almost 100 points or 1.7 percent. The Straits Times Index now sits just above the 5,720-point plateau and it may take further damage on Thursday.
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13 days ago
Malaysia Stock Market May Hand Back Wednesday's Gains
The Malaysia stock market on Wednesday ended the two-day slide in which it had eased less than a single point. The Kuala Lumpur Composite Index now sits just beneath the 1,750-point plateau although it may head south again on Thursday.
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13 days ago
Japan Stock Market May Spin Its Wheels On Thursday
The Japanese stock market has moved higher in back-to-back sessions, advancing more than 730 points or 1.2 percent along the way. The Nikkei 225 now sits just above the 66,260-point plateau although it may be stuck in neutral on Thursday.
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13 days ago
Rally May Stall For South Korea Shares
The South Korea stock market has finished higher in two straight sessions, accelerating more than 110 points or 1.7 percent along the way. The KOSPI now sits just above the 6,800-point plateau although it may run out of steam on Thursday.
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13 days ago
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South Korea Rate Decision On Tap For Thursday
The bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to hike its benchmark lending rate by 25 basis points, to 3.00 percent from 2.75 percent.
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13 days ago
U.S. Dollar Advances Ahead Of Jackson Hole Symposium Amid U.S. Inflation Data Release
The U.S. Dollar value edged higher ahead of the Jackson Hole Symposium that begins tomorrow as investors parsed the July month's personal spending and income data that showed an increase against the Personal Consumption Expenditure price index and the core PCE index that matched expectations.
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13 days ago
Swiss Market Ends Marginally Up
The Switzerland stocks market ended slightly up on Wednesday after staying modestly positive throughout the session amid selective buying. Optimism about reopening of the Strait of Hormuz and data showing an improvement in Swiss Investors' sentiment in the month of August supported the market.
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13 days ago
Major European Markets Close Roughly Flat
Major European markets turned in a mixed performance on Wednesday as investors largely refrained from making big moves while following the developments on the geopolitical front and awaiting U.S. tech major Nvidia's earnings update due later in the day.
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13 days ago
Canadian Market Retreats After Hitting New Record High
After climbing to a new record high, the Canadian stock market's benchmark S&P/TSX Composite Index slipped into negative territory on Wednesday, weighed down by losses in the materials sector as precious metals prices drifted lower. Energy stocks moved higher despite a sharp drop in oil prices.
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13 days ago
U.S. Economic Growth Unrevised At 1.5% In Q2
A report released by the Commerce Department on Wednesday showed the increase in U.S. gross domestic product in the second quarter was unrevised from the initial estimate. The Commerce Department GDP jumped by 1.5 percent in the second quarter, unchanged from the original estimate and in line with economist estimates.
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13 days ago
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