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Singapore Stock Market May Extend Losing Streak
The Singapore stock market has finished lower in five straight sessions, slumping more than 130 points or 2.2 percent along the way. The Straits Times Index now sits just above the 5,580-point plateau and it may take further damage on Thursday.
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35 days ago
Malaysia Stock Market Due For Profit Taking
The Malaysia stock market has finished higher in six straight sessions, collecting more than 35 points or 2.1 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,750-point plateau although investors may lock in gains on Thursday.
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35 days ago
Japan Stock Market May Run Out Of Steam On Thursday
The Japanese stock market has tracked higher in back-to-back sessions, advancing almost 2,550 points or 4 percent along the way. The Nikkei 225 now sits just above the 66,300-point plateau although the rally may stall on Thursday.
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35 days ago
South Korea June Current Account Surplus $49.73 Billion
South Korea posted a current account surplus of $49.73 billion in June, the Bank of Korea said - up from $38.61 in May.
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35 days ago
Tech Shares May Weigh On South Korea Shares
The South Korea stock market has finished higher in two straight sessions, rallying more than 340 points or 4.8 percent along the way, The KOSPI now sits just beneath the 6,600-point plateau although it may run out of steam on Thursday.
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35 days ago
Australia Trade Data On Tap For Thursday
Australia will on Thursday release June numbers for imports, exports, trade balance and building approvals, highlighting a modest day for Asia-Pacific economic activity.
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35 days ago
U.S. Dollar Inches Lower As Trump Signals Early Reopening Of Strait Of Hormuz
The U.S. Dollar value ticked lower with concerns of high interest rate in the U.S. diminishing after oil-linked inflationary pressure receded due to a fall in the crude oil prices following a reassurance by U.S. President Donald Trump that the Strait of Hormuz will reopen soon.
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35 days ago
more news
Swiss Market Ends Moderately Higher; Sandoz Group Jumps Over 6%
Despite very nearly falling below the flat line a little past noon, the Switzerland stock market stayed positive right through the trading session on Wednesday thanks to selective buying at a few frontline counters.
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35 days ago
European Markets Close Mixed After Choppy Session
European stocks closed mixed on Wednesday after swinging between gains and losses for most part of the day's trading session, as investors stayed somewhat cautious, assessing corporate earnings announcements, and weighing the prospects of U.S. and Iran reaching an agreement to end their conflict and pave the way for reopening the Strait of Hormuz.
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35 days ago
TSX Hits Record High; Shopify Surges 17% On Earnings
Canada's benchmark index reached an all-time high Wednesday on strength in materials, technology, and consumer discretionary sectors. Shopify climbed 17% after Q2 earnings beat, while materials stocks rose nearly 6% on firm precious metals prices.
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35 days ago
U.S. Services Index Inches Slightly Higher In July
A report released by the Institute for Supply Management on Wednesday showed a slight uptick by its reading on U.S. service sector activity in the month of July. The ISM said its services PMI crept up to 54.1 in July from 54.0 in June, with a reading above 50 indicating growth in the sector. Economists had expected the index to rise to 54.5.
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35 days ago
U.S. Private Sector Employers Add 44,000 Jobs In July, Less Than Expected
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by less than expected in the month of July. The report said private sector employment rose by 44,000 jobs in July after climbing by a downwardly revised 95,000 jobs in June. Economists had expected private sector employment to grow by 75,000 jobs.
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35 days ago
Disney Q3 Pre-tax Income Climbs, Backs FY26, FY27 Outlook; Lifts Buyback Plan; Shares Up
Walt Disney Co. reported Wednesday lower net profit in its second quarter hurt mainly by the absence of prior year's tax benefit, while pre-tax income climbed from last year on higher revenues. Further, the media and entertainment major maintained its outlook for fiscal 2026 and 2027, expecting higher earnings.
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35 days ago
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