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Singapore GDP Climbs 0.1% On Quarter In Q2
Singapore's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the second quarter of 2023, the Ministry of Trade and Industry said on Friday.
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Bargain Hunting May Lift Taiwan Stock Market
The Taiwan stock market has moved lower in three straight sessions, tumbling more than 500 points or 3 percent along the way. The Taiwan Stock Exchange now rests just above the 16,630-point plateau although it may stop the bleeding on Friday.
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Singapore Stock Market May See Additional Support
The Singapore stock market has moved higher in three straight sessions, collecting more than 30 points or 0.9 percent along the way. The Straits Times Index now rests just above the 3,320-point plateau and it may add to its winnings on Friday.
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Malaysia Stock Market May Reverse Thursday's Losses
The Malaysia stock market on Thursday snapped the four-day winning streak in which it had advanced more than 20 points or 1.3 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,460-point plateau although it may bounce higher again on Friday.
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Mild Upside Seen For South Korea Stock Market
The South Korea stock market headed south again on Thursday, one day after snapping the five-day losing streak in which it had tumbled more than 85 points or 3.7 percent. The KOSPI now rests just above the 2,600-point plateau although it may tick higher again on Friday.
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New Zealand Manufacturing PMI Slips To 46.3 In July - BusinessNZ
The manufacturing sector in New Zealand continued to contract in July, and at a faster rate, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 46.3.
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Singapore GDP Data Due On Friday
Singapore will on Friday release Q2 data for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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TSX Ends Modestly Higher
The Canadian market, which very nearly slipped into negative territory around mid afternoon on Thursday after opening on a positive note and climbing up further in early trades, managed to find some support in the final hour of the session to finish modestly higher.
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Dollar Recovers After Early Setback, Gains Against Some Major Rivals
The U.S. dollar tumbled Thursday morning after data showed the nation's annual inflation rose less than expected in July, raising expectations that the Federal Reserve will leave interest rates unchanged next month.
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Canadian Market Pares Early Gains, Up Marginally
The Canadian market, which opened modestly higher Thursday morning and moved further up in early trades, shed most of its gains as the day progressed and is just modestly up around now with stocks failing to hold early gains.
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Swiss Market Ends On Firm Note
The Switzerland stock market ended on a firm note on Thursday after data from the Labor Department showed U.S. consumer price inflation rose less than expected in the month of July.
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European Stocks Close Higher After Tamer-than-expected U.S. Inflation Data
European stocks closed higher on Thursday with investors reacting positively to the latest batch of earnings announcements, and data showing cooler than expected U.S. inflation reading for the month of July.
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Dollar Down As Soft U.S. Inflation Data Supports Fed Pause Hopes
The U.S. dollar was lower against its most major counterparts in the New York session on Thursday, as the nation's annual inflation rose less than expected in July, reinforcing expectations that the Federal Reserve will leave interest rates unchanged next month.
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