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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, after US President Donald Trump suggested he's willing to take a less confrontational approach to trade talks with China, predicting the current 145 percent tariff on Chinese imports will "come down substantially." Asian Markets closed mostly higher on Wednesday.
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Sensex, Nifty Likely To Open On Flat Note
Indian shares are likely to open on a muted note Thursday as investors react to mixed signals from the Trump administration on its plans for China tariffs.
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Thai Stock Market May Extend Winning Streak
The Thai stock market has moved higher in back-to-back sessions, collecting almost 20 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,155-point plateau and it's expected to extend its gains on Thursday.
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Continued Support Anticipated For Indonesia Stock Market
The Indonesia stock market has tracked higher in four straight sessions, gathering almost 240 points or 3.7 percent along the way. The Jakarta Composite Index now rests just above the 6,630-point plateau and it's tipped to open in the green again on Thursday.
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Japanese Market Significantly Higher
The Japanese market is trading significantly higher on Thursday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 35,100 mark, with gains across most sectors led by index heavyweights and technology stocks.
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Hong Kong Bourse Tipped To Open In The Green
The Hong Kong stock market has finished higher in three straight sessions, advancing more than 1,000 points or 4.5 percent in that span. The Hang Seng Index now sits just above the 22,070-point plateau and it's got a solid lead again for Thursday's trade.
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Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 7,900 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
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Rebound Anticipated For China Stock Market
The China stock market on Wednesday snapped the two-day winning streak in which it had risen almost 25 points or 0.8 percent. The Shanghai Composite Index now sits just beneath the 3,300-point plateau although it's likely to bounce higher again on Thursday.
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Higher Open Called For Taiwan Stock Market
The Taiwan stock market on Wednesday ended the two-day slide in which it had stumbled more than 600 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 19,640-point plateau and it's expected to open to the upside again on Thursday.
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Winning Streak May Continue For Singapore Stock Market
The Singapore stock market has climbed higher in seven straight sessions, rallying almost 325 points or 8.5 percent along the way. The Straits Times Index now sits just above the 3,830-point plateau and it's looking at another strong lead for Thursday's trade.
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Malaysia Shares May Open To The Upside On Thursday
The Malaysia stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had collected almost 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it's expected to open to the upside again on Thursday.
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South Korea GDP Contracts 0.2% In Q1
South Korea's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said in Thursday's preliminary reading.
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Japan Stock Market May Crack Resistance At 35,000 Points
The Japanese stock market on Wednesday wrote a finish to the two-day slide in which it had slumped almost 210 points or 0.7 percent. The Nikkei 225 now sits just beneath the 34,870-point plateau and it's expected to open to the upside again on Thursday.
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