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Japan Industrial Production Data Due On Monday
(RTTNews) - Japan will on Monday see final August numbers for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is called flat on month after sinking 1.8 percent in July.
New Zealand will see September results for the Performance of Services Index from BusinessNZ; in August, the index score was 47.1.
Indonesia will provide September figures for imports, exports and trade balance. In August, imports were down 14.77 percent on year and exports stumbled an annual 21.21 percent for a trade surplus of $3.12 billion.
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Hormel Foods Recalls 256K Pounds Of Canned Beef Stew Product
Hormel Foods Corp. is recalling around 256,185 pounds of canned beef stew product that may be contaminated with foreign material, specifically wood, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The Tucker, Georgia-based branded food major's recall involves 20-oz. metal cans containing "Dinty Moore BEEF STEW" with "BEST BY FEB 2028".
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UK Vehicle Manufacturing Logs Weakest Start To Year Since 2009: SMMT
UK automotive manufacturing registered its weakest start to a year since 2009, the Society of Motor Manufacturers & Traders, or SMMT, said Thursday. Car and commercial vehicle production decreased 15.8 percent on a yearly basis to 59,203 units in April. Auto production fell to the lowest level for the month since 1952, excluding 2020 when the first Covid lockdown effectively saw manufacturing c
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Bay Street Looks Set To Start On Firm Note
Canadian shares look headed for a firm start on Thursday, with encouraging earnings by Royal Bank of Canada and Canadian Imperial Bank of Commerce, and a U.S. court ruling against U.S. President Donald Trump's sweeping tariff moves set to lift sentiment.
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U.S. GDP Dips Slightly Less Than Previously Estimated In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy shrank by slightly less than previously estimated in the first quarter of 2025.
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U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday.
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FTSE 100 Flat, As Market Turns Subdued After Positive Start
Despite easing trade tensions, the U.K. market is turning in a subdued performance on Thursday with investors largely making cautious moves.
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CAC 40 Moderately Higher Amid Easing Trade Tensions
Amid easing trade war concerns following a U.S. court ruling against the sweeping tariffs announced by President Donald Trump, French stocks are moving higher on Thursday, recovering well after previous session's weakness.
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DAX Modestly Higher As Trade Tensions Ease After U.S. Court Ruling
German stocks are up in positive territory on Thursday amid easing trade tensions following a U.S. Federal Court ruling that President Donald Trump had overstepped his authority by imposing across-the-board duties on imports from U.S. trade partners.
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