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Japan Bourse May Extend Thursday's Losses
The Japanese stock market on Thursday ended the two-day winning streak in which it had jumped almost 2,300 points or 4 percent. The Nikkei 225 now sits just above the 54,450-point plateau and it may take further damage on Friday.
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183 days ago
Tech Shares May Drag South Korea Shares Lower
The South Korea stock market on Thursday ended the two-day winning streak in which it had jumped more than 350 points or 6.5 percent. The KOSPI now sits just above the 5,580-point plateau and the losses may accelerate on Friday.
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183 days ago
Hong Kong Data Due On Friday
Hong Kong will on Friday release Q4 numbers for industrial production and producer prices, highlighting a light day for Asia-Pacific economic activity.
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183 days ago
New Zealand Manufacturing PMI Little Changed In February - BusinessNZ
The manufacturing sector in New Zealand continued to expand in February, albeit it at a barely slower pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 55.0.
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183 days ago
Swiss Market Ends Notably Lower On War Jitters, Trade Concerns
Swiss stocks opened on a weak note on Thursday and stayed that way right till the end of the day's session as rising concerns about growth and possibility of monetary tightening by central banks amid escalating tensions in the Middle East rendered the mood bearish.
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183 days ago
European Stocks Close Weak Again As Rising Tensions In Middle East Hurt Sentiment
European markets closed weak on Thursday, extending previous session's decline, as rising oil prices amid escalating tensions in the Middle East raised concerns about inflation and interest rate hikes, prompting investors to largely refrain from picking up stocks.
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183 days ago
Materials, Financials Stocks Drag Down Canadian Market
The Canadian market recovered after a weak start Thursday morning, but after a few minutes in positive territory, slipped into the red as worries about escalating conflict in the Middle East rendered the mood cautious.
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183 days ago
more news
U.S. Housing Starts Unexpectedly Surge To 11-Month High In January
New residential construction in the U.S. unexpectedly surged to their highest level in almost a year in the month of January, the Commerce Department revealed in a report released on Thursday. The Commerce Department said housing starts spiked by 7.2 percent to an annual rate of 1.487 million in January after jumping by 4.8 percent to a revised rate of 1.387 million in December.
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183 days ago
U.S. Trade Deficit Narrows More Than Expected In January As Exports Surge
The Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed by much more than expected in the month of January. The report said the trade deficit shrank to $54.5 billion in January from a revised $72.9 billion in December. Economists had expected the trade deficit to decrease to $67.9 billion from the $70.3 billion originally reported for the previous month.
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183 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended March 7th, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims slipped to 213,000, a decrease of 1,000 from the previous week's revised level of 214,000. Economists had expected jobless claims to inch up to 215,000.
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183 days ago
Bay Street Looks Headed For Weak Start
Lower Canadian and U.S. futures amid rising tensions in the Middle East suggest a weak start for Canadian stocks on Thursday. Oil prices have moved up sharply following attacks on oil tankers in the Gulf region.
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183 days ago
FTSE 100 Down 0.4%; Banks, Airlines Stocks Lose Ground
The UK stock market is down in negative territory around early afternoon on Thursday, weighed down largely by losses in the banking sector. Travel-related stocks are weak as well, amid rising concerns about growth due to deepening tensions in the Middle East.
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183 days ago
U.S. Housing Starts Unexpectedly Surge 7.2% In January
New residential construction in the U.S. unexpectedly surged in the month of January, the Commerce Department revealed in a report released on Thursday.
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183 days ago
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