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CAC 40 Declines As Banks Drag After Credit Suisse Rescue
(RTTNews) - French stocks opened lower on Monday amid fears of a deepening banking crisis.
Risk aversion gripped markets despite global central banks announcing measures to provide dollar liquidity in a bid to stem fallout from panic in the banking sector.
Concerns mounted about the health of the global financial system despite UBS Group AG, Switzerland's largest banking group, agreeing to buy the crisis-hit Credit Suisse Group AG in a historic, government-brokered deal.
The benchmark CAC 40 was down 0.7 percent at 6,875 after declining 1.4 percent on Friday.
Banks led losses, with BNP Paribas, Credit Agricole and Societe Generale falling 3-6 percent.
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Australian Market Notably Lower
The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
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1घंटे 6 मिनट पहले
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday.
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1घंटे 6 मिनट पहले
Losing Streak May Continue For China Stock Market
The China stock market has finished lower in back-to-back sessions, slumping almost 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,970-point plateau and it may take further damage again on Tuesday.
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1घंटे 8 मिनट पहले
RBA Minutes: Global Growth Likely To Slow In H2 2025
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
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Taiwan Bourse May Hand Back Monday's Gains
The Taiwan stock market on Monday wrote a finish to the two-day slide in which it had given up almost 550 points or 2 percent. The Taiwan Stock Exchange now sits just beneath the 27,450-point plateau although it's expected to open in the red on Tuesday.
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1घंटे 38 मिनट पहले
Singapore Shares May Take Further Damage On Tuesday
The Singapore stock market has finished lower in consecutive trading days, shedding more than 30 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,540-point plateau and it may extend its losses on Tuesday.
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2घंटे 8 मिनट पहले
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it's likely to remain rangebound again on Tuesday.
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2घंटे 38 मिनट पहले
Continued Consolidation Called For Japan Stock Market
The Japan stock market has finished lower in back-to-back sessions, shedding more than 940 points or 1.9 percent along the way. The Nikkei 225 now rests just above the 50,320-point plateau and it's expected to open under pressure again on Tuesday.
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