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Australia Wage Price Index Rises 0.8% In Q1
The wage price index in Australia was up a seasonally adjusted 0.8 percent on quarter in the first quarter of 2023, the Australian Bureau of Statistics said on Wednesday.
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Lower Open Predicted For Indonesia Stock Market
The Indonesia stock market moved back to the downside again on Tuesday, one session after ending the two-day slide in which it had slumped more than 100 points or 1.5 percent. The Jakarta Composite Index now rests just above the 6,675-point plateau and it may take further damage on Wednesday.
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Australian Market Notably Lower
The Australian stock market is notably lower on Wednesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by materials and financial stocks.
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Singapore Trade Surplus SGD4.713 Billion In April
Singapore posted a merchandise trade surplus of SGD4.713 billion in April, Statistics Singapore said on Wednesday.
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Win Streak Likely To End For Hong Kong Shares
The Hong Kong stock market has tracked higher in back-to-back sessions, gathering more than 350 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 19,980-point plateau although it's likely to run out of steam on Wednesday.
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China Stock Market May Extend Tuesday's Losses
The China stock market turned lower again on Tuesday, one session after ending the four-day losing streak in which it had tumbled almost 125 points or 3.7 percent. The Shanghai Composite Index now sits just above the 3,290-point plateau and it's expected to open in the red again on Wednesday.
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Taiwan Stock Market Expected To Open Under Pressure
The Taiwan stock market on Tuesday halted the four-day losing streak in which it had stumbled more than 250 points or 1.7 percent. The Taiwan Stock Exchange now rests just beneath the 15,675-point plateau although it's expected to turn lower again on Wednesday.
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more news
Japan GDP Climbs 0.4% On Quarter In Q1
Japan's gross domestic product expanded a seasonally adjusted 0.4 percent on quarter in the first quarter of 2012, the Cabinet Office said in Wednesday's preliminary reading.
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Singapore Bourse Tipped To Extend Tuesday's Losses
The Singapore stock market headed south again on Tuesday, one day after halting the six-day losing streak in which it had dropped more than 60 points or 1.8 percent. The Straits Times Index now sits just beneath the 3,215-point plateau and the losses may accelerate on Wednesday.
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Renewed Consolidation Likely For Malaysia Shares
The Malaysia stock market on Tuesday wrote a finish to the five-day losing streak in which it had given up more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,425-point plateau although it figures to head south again on Wednesday.
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South Korea Bourse May Spin Its Wheels On Wednesday
The South Korea stock market has moved higher in two straight sessions, collecting almost 5 points or 0.2 percent along the way. The KOSPI now rests just above the 2,480-point plateau although it figures to run out of steam on Wednesday.
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Japan GDP Data Due On Wednesday
Japan will on Wednesday release preliminary Q1 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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TSX Ends Sharply Lower As Inflation Data Triggers Sell-off
The Canadian market ended sharply lower on Tuesday as hotter-than-expected inflation data raised bets the Bank of Canada will tighten its policy by hiking interest rates.
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