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China Consumer Prices Rise 0.8% On Month In January
Consumer prices in China were up 0.8 percent on month in January, the National Bureau of Statistics said on Friday.
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Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,500 level, following the broadly negative cues from Wall Street overnight, with losses across most sectors, led by technology and energy stocks as well as coal and gold mining stocks.
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Lower Open Predicted For Hong Kong Stock Market
The Hong Kong stock market has moved higher in two of three trading days since the end of the three-day slide in which it had plummeted more than 840 points or 3.8 percent. The Hang Seng Index now sits just above the 21,620-point plateau although it's expected to open under pressure again on Friday.
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China Stock Market Likely To Remain Rangebound On Friday
The China stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped almost 50 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,270-point plateau although it's expected to hand back those gains on Friday.
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Taiwan Stock Market May See Continued Consolidation
The Taiwan stock market on Thursday wrote a finish to the two-day winning streak in which it had climbed more than 220 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 15,600-point plateau and it may take further damage on Friday.
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Japan Producer Prices Unchanged On Month In January
Producer prices in Japan were flat on month in January, the Bank of Japan said on Friday.
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Singapore Bourse May Take Further Damage On Friday
The Singapore stock market has finished lower in consecutive trading days, sliding more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just beneath the 3,360-point plateau and it's likely to open in the red again on Friday.
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Losing Streak May Continue For Malaysia Shares
The Malaysia stock market has finished lower in three straight sessions, sinking more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,465-point plateau and it's looking at another soft start again on Friday.
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South Korea Bourse Tipped To Open In The Red
The South Korea stock market on Thursday snapped the two-day winning streak in which it had picked up more than 45 points or 1.8 percent. The KOSPI now rests just above the 2,480-point plateau and it's expected to open under pressure again on Friday.
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China Inflation Data Due On Friday
China will on Friday release January figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity.
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TSX Ends Weak For 2nd Straight Day
The Canadian market ended weak on Thursday, losing ground for a second straight day, amid concerns about growth and uncertainty about the pace of future interest rate hikes by the Federal Reserve.
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New Zealand Electronic Card Retail Spending Climbs 2.6% In January
Electronic card retail spending in New Zealand was up a seasonally adjusted 2.6 percent on month in January, Statistics New Zealand said on Friday - following the 2.3 percent decline in December.
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New Zealand Manufacturing Index Improves To 50.8 In January- BusinessNZ
The manufacturing sector in New Zealand moved back into expansion territory in January, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 50.8.
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