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Malaysia Bourse Likely To Open To The Downside On Monday
The Malaysia stock market on Friday wrote a finish to the two-day losing streak in which it had slipped more than 7 points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it's likely to open under pressure again on Monday.
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vor 84 Tagen
New Zealand Q4 Retail Sales Volume Climbs 0.9%
The total volume of overall retail sales in New Zealand was up a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Monday.
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vor 84 Tagen
South Korea Shares May Head South Again On Monday
The South Korea stock market inches higher again on Friday, one day after halting the seven-day winning streak in which it had rallied almost 150 points or 5.7 percent. The KOSPI now sits just above the 2,650-point plateau although it figures to face renewed selling pressure on Monday.
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vor 84 Tagen
New Zealand Retail Sales Data Due On Monday
New Zealand will on Monday release Q4 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity.
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vor 84 Tagen
TSX Ends Sharply Lower On Mixed Economic Data, Weak Commodities
The Canadian market ended sharply lower on Friday due to heavy selling in technology, materials and energy sectors. Consumer discretionary and financials stocks too reeled under pressure, albeit to a less pronounced extent.
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vor 86 Tagen
Dollar Rises, Gains Against Major Counterparts
The U.S. dollar climbed higher on Friday, scoring gains over most of its major counterparts, after weak consumer sentiment data prompted investors to shun riskier assets such as equities.
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vor 86 Tagen
Swiss Market Ends On Buoyant Note
The Switzerland market started off on a flat note on Friday, but gained in strength as the day progressed with stocks from across several sectors finding good support.
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vor 86 Tagen
more news
U.S. Dollar Higher Amid Risk Aversion
The U.S. dollar advanced against its major counterparts in the New York session on Friday amid risk aversion, as U.S. stocks pulled back after weak consumer sentiment data.
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vor 86 Tagen
Major European Markets Close On Mixed Note
European stocks closed on a mixed note on Friday with investors largely making cautious moves, digesting regional PMI data, and a slew of corporate earnings announcements, in addition to closely following the developments on the geopolitical front.
Uncertainty about U.S. government's trade and economic stance weighed on stocks. Germany's snap election on Sunday was in focus as well.
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vor 86 Tagen
Canadian Markets Remains In Negative Territory; Energy, Materials Shares Decline
After opening slightly up, the Canadian market tumbled into negative territory Friday morning as tariff threats and weak commodity prices, as well a few disappointing earnings updates prompted investors to press sales at several counters. Preliminary data showing a likely drop in retail sales in January is weighing as well.
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vor 86 Tagen
U.S. Consumer Sentiment Plunges To Lowest Level Since November 2023
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of February. The University of Michigan said its consumer sentiment index for February was downwardly revised to 64.7 from a preliminary reading of 67.8. Economists had expected the index to be unrevised.
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vor 87 Tagen
U.S. Existing Home Sales Pull Back Sharply In January
Existing home sales pulled back sharply in the month of January, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales plunged by 4.9 percent to an annual rate of 4.08 million in January after surging by 2.9 percent to an upwardly revised rate of 4.29 million in December.
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vor 87 Tagen
Meta Hikes Executive Bonuses To 200% Of Salaries, Excluding CEO
Meta Platforms, Inc. announced the approval of a hefty increase in bonuses of its select executive officers under the new executive bonus plan, excluding Chief Executive Officer Mark Zuckerberg. The news comes close on the heels of the tech major's recent announcement of significant growth in its fourth-quarter results and positive outlook, as well as the layoff of 5% of its overall workforce.
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vor 87 Tagen
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