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Little Movement Expected For Taiwan Stock Market
The Taiwan stock market on Wednesday ended the three-day winning streak in which it had advanced more than 530 points or 2.4 percent. The Taiwan Stock Exchange now rests just above the 23,535-point plateau and it's looking at a fairly flat lead for Wednesday's trade.
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Soft Start Seen For Singapore Stock Market
The Singapore stock market has ended lower in consecutive trading days, shedding more than 50 points or 1.4 percent along the way. The Straits Times Index now sits just shy of the 3,590-point plateau and it may extend its losses again on Wednesday.
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Malaysia Bourse May Extend Losing Streak
The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 4 points or 0.2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,640-point plateau and it may take further damage again on Wednesday.
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South Korea Bourse May Remain Stuck In Neutral
The South Korea stock market headed south again on Tuesday, one day after ending the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,570-point plateau and it may tick lower again on Wednesday.
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Singapore Inflation Data Due On Wednesday
Singapore will on Wednesday release consumer price data for September, highlighting a light day for Asia-Pacific economic activity.
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TSX Recovers From Early Setback, Settles Flat
After a weak start and a subsequent drop to lower levels, the Canadian market recovered gradually on Tuesday and eventually settled marginally down. The mood was cautious with investors awaiting the Canadian central bank's interest rate decision on Wednesday.
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Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar turned in a mixed performance against its major counterparts on Tuesday with investors awaiting some crucial economic data, including reports on U.S. manufacturing and services sector activity.
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Canadian Stocks Turning In Mixed Performance
Canadian stocks are turning in a mixed performance on Tuesday with investors digesting Canadian producer prices data and some earnings updates, and awaiting the Bank of Canada's interest rate decision on Wednesday.
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Euro Lower Against Most Majors
The euro declined against its most major counterparts in the New York session on Tuesday, amid dovish comments from European Central Bank President Lagarde.
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Swiss Market Ends Notably Lower
After opening marginally down, the Switzerland market slipped deeper into the red Tuesday morning, and stayed weak right through the day's session as investors largely stayed cautious and looked for directional clues.
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European Stocks Close Broadly Lower On Growth Worries, Rate Uncertainty
European stocks closed lower on Tuesday with investors largely reacting to quarterly earnings and other corporate news. Uncertainty about the size of future interest rate cuts by the Federal Reserve and upcoming U.S. presidential election, and persisting tensions in the Middle East weighed as well on stocks.
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Target To Cut Prices On 2,000 Items During Holiday Season
Retail major Target Corp. announced its plan to reduce regular prices on more than 2,000 items across owned and national brands this holiday season, to remain competitive in markets. These new price reductions are on top of the retailer's everyday low prices. In total, the company would be offering lower prices than last year on more than 10,000 items during the holidays, including food and bever
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GM Raises FY24 EPS Forecast As Q3 Beats Market
Automajor General Motors Co. on Tuesday raised its fiscal 2024 adjusted earnings view in line or above market estimates, after reporting higher third-quarter earnings per share and sales, also above the Street. Net earnings for the quarter, meanwhile, edged down. In pre-market activity on the NYSE, GM shares were gaining around 2 percent.
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