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Malaysia Stock Market Likely To Remain Rangebound On Monday
The Malaysia stock market has tracked higher in two of three trading days since the end of the two-day slide in which it had slumped more than 20 points or 1.1 percent. The Kuala Lumpur Composite Index now sits just above the 1,710-point plateau although it's expected to open under water on Monday.
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166 days ago
Losses May Accelerate For Japan Stock Market
The Japanese stock market has tracked lower in back-to-back sessions, sinking more than 375 points or 0.7 percent along the way. The Nikkei 225 now sits just above the 53,370-point plateau and it's expected to see continued consolidation on Monday.
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166 days ago
South Korea Bourse May Extend Friday's Losses
The South Korea stock market has tracked lower in two straight sessions, tumbling more than 200 points or 3.7 percent along the way. The KOSPI now sits just beneath the 5,440-point plateau and it may take further damage on Monday.
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166 days ago
Japan Housing Start Data Due On Monday
Japan is on Monday scheduled to release February figures for construction orders and housing starts, highlighting a light day for Asia-Pacific economic activity.
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166 days ago
U.S. Dollar Climbs Against Most Majors
The U.S. dollar climbed against its most major counterparts in the New York session on Friday.
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168 days ago
Swiss Market Ends Moderately Lower
The Switzerland market ended on a weak note on Friday, in line with markets across Europe, as concerns about the conflict in the Middle East continued to force investors away from riskier assets.
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168 days ago
Major European Markets Close Weak For 2nd Straight Session
European stocks fell on Friday, extending losses from the previous session, amid a lack of meaningful progress in U.S.-Iran peace talks, and concerns about inflation, growth and interest rates. Energy stocks found support as oil prices climbed higher amid concerns about supply disruptions.
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168 days ago
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Materials, Energy Stocks Lift TSX
After opening weak and drifting down a bit more subsequently, Canadian stocks recovered on Friday, riding on strong gains in energy and materials sectors. the undertone still remains a bit cautious amid reports the Pentagon is planning to send 10,000 more troops to the Middle East, signaling a possible escalation in tensions in the region.
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168 days ago
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In March
Consumer sentiment in the U.S. deteriorated by more than previously estimated in the month of March, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for March was downwardly revised to 53.3 from a preliminary reading of 55.5. Economists had expected the index to be downwardly revised to 54.0.
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168 days ago
Bay Street Looks Headed For Weak Start
Canadian shares are likely to open on a negative note Friday morning, tracking weak global cues amid lingering concerns about the situation in the Middle East, despite U.S. President Donald Trump extending the pause on strikes on Iran by 10 days.
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168 days ago
FTSE 100 Slips Again As Growth Worries Weigh
U.K.'s equity benchmark FTSE 100 fell for a second straight day, as stocks drifted lower on Friday amid persisting concerns about the situation in the Middle East, worries about inflation and possible interest rate hikes by central banks.
The mood is cautious amid lingering uncertainty about U.S. and Iran peace talks.
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168 days ago
Apple Adds New Partners, To Invest $400 Mln To Expand US Manufacturing
Apple Inc. announced the addition of new partners to its American Manufacturing Program or AMP, aiming to expand advanced manufacturing and critical component production in America and strengthen the tech major's domestic supply chain. Bosch, Cirrus Logic, TDK, and Qnity Electronics will join AMP, a key part of Apple's $600 billion, four-year commitment to U.S. manufacturing and innovation.
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168 days ago
CAC 40 Down For 2nd Straight Day On War Jitters
France's equity index CAC 40 slipped into negative territory after a flat start Friday morning, as investors continued to stay wary of picking up stocks amid lingering uncertainty about reported peace talks between U.S. and Iran. Concerns about inflation and rate hikes amid elevated oil prices weigh as well on sentiment.
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168 days ago
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