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China Stock Market May Spin Its Wheels On Thursday
The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
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373 days ago
Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to be a tad above the 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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373 days ago
Taiwan Stock Market May Run Out Of Steam On Thursday
The Taiwan stock market has tracked higher in six straight sessions, collecting more than 1,170 points or 4.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 25,200-point plateau although it's overdue for profit taking on Thursday.
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373 days ago
Japan Producer Prices Slip 0.2% In August
Producer prices in Japan were down 0.2 percent on month in August, the Bank of Japan said on Thursday.
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373 days ago
Renewed Consolidation Tipped For Singapore Shares
The Singapore stock market rebounded on Wednesday, one day after halting the three-day winning streak in which it had gathered more than 20 points or 0.4 percent. The Straits Times Index now sits just shy of the 4,350-point plateau although it may tick lower again on Thursday.
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373 days ago
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has ticked higher in three straight sessions, collecting more than a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it may spin its wheels on Thursday.
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373 days ago
Japan Bourse May Hand Back Wednesday's Gains
The Japanese stock market rebounded on Wednesday, one day after snapping the three-day winning streak in which it had surged more than 1,700 points or 3.9 percent. The Nikkei 225 now sits just beneath the 43,840-point plateau although it may head south again on Thursday.
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373 days ago
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South Korea Shares Due For Profit Taking
The South Korea stock market has moved higher in seven straight sessions, surging more than 170 points or 5.4 percent along the way. Now at a record closing high, the KOSPI rests just above the 3,310-point plateau although investors may lock in gains on Thursday.
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373 days ago
Swiss Franc Falls Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Wednesday.
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373 days ago
Swiss Market Ends Moderately Lower
After a brief spell in positive territory early on in the session on Wednesday, the Switzerland market turned a bit easy and moved along the flat line till around mid afternoon before losing ground to eventually close on a negative note.
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373 days ago
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors digested data showing a modest drop in U.S. producer prices in the month of August, and continued to assess the developments on the trade front. Some of the major markets started off on a firm note, but failed to sustain at higher levels.
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373 days ago
U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected
Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.
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373 days ago
U.S. Producer Prices Unexpectedly Edge Slightly Lower In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
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373 days ago
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