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Singapore Bourse Poised To End Losing Streak
The Singapore stock market has moved lower in four straight sessions, sinking more than 45 points or 1.4 percent along the way. The Straits Times Index now rests just beneath the 3,235-point plateau although hit may finally stop the bleeding on Friday.
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Tokyo Overall Inflation Slows To 3.4% On Year
Overall consumer prices in the Tokyo region of Japan were up 3.4 percent on year in February, the Ministry of Communications and Internal Affairs said on Friday.
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Japan Jobless Rates Eases To 2.4% In January
The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in January, the Ministry of Internal Affairs and Communications said on Friday.
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Malaysia Stock Market May Add To Its Winnings On Friday
The Malaysia stock market on Thursday wrote a finish to the six-day losing streak in which it had slumped more than 20 points or 1.5 percent. The Kuala Lumpur Composite Index now rests just above the 1,455-point plateau and it's tipped to open higher again on Friday.
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Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in two straight sessions, gathering more than 25 points or 1 percent along the way. The KOSPI now rests just above the 2,425-point plateau and it's poised to add to its winnings on Friday.
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Tokyo Inflation Data Due On Friday
Japan will on Friday release February figures for consumer prices in the Tokyo region, highlighting a busy day in Asia-Pacific economic activity.
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Australia Services Sector Returns To Expansion In February - Judo Bank
The services sector in Australia bounced back up into expansion in February, the latest survey from Judo Bank revealed on Friday with a services PMI score of 50.7.
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Swiss Market Ends On Strong Note
The Switzerland market ended on a strong note on Thursday, shrugging off a weak start and a subsequent sluggish spell, as investors picked up stocks from across various sectors.
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Major European Markets Close On Firm Note
The major European markets closed higher on Thursday, as data showing a drop in eurozone inflation lifted investor sentiment and helped trim early losses.
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Best Buy, Macy's Q4 Results Top Estimates; Big Lots Slips To Loss In Q4
Retailers Best Buy Co., Inc. (BBY) and Macy's, Inc. (M) reported on Thursday profits for the fourth quarter that decreased from last year, but results for the quarter topped analysts' estimates. Meanwhile, Big Lots, Inc. (BIG) slipped to a loss, but the loss came in narrower than expectations.
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U.S. Jobless Claims Unexpectedly Edge Down To 190,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended February 25th. The Labor Department said initial jobless claims edged down to 190,000, a decrease of 2,000 from the previous week's unrevised level of 192,000.
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Euro In Negative Territory Amid Eurozone Inflation Data
The euro was lower against its major counterparts in the European session on Thursday, as Eurozone inflation eased in February, in a sign that price pressures are receding amid the European Central Bank's monetary policy tightening.
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U.S. Weekly Jobless Claims Edge Down To 190,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended February 25th.
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