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Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, with tech-heavy markets of South Korea and Japan leading the losses in the region on tumbling artificial intelligence-related stocks amid concerns about an AI bubble burst. Asian markets ended mostly higher on Thursday.
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1 day ago
Sensex, Nifty Set To Follow Global Peers Lower
Indian shares look set to open lower on Friday, tracking weak cues from global markets after new data indicated that U.S. job cuts are rising, especially in technology and warehousing sectors.
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1 day ago
Lower Open Called For Thai Stock Market
The Thai stock market on Thursday ended the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just shy of the 1,315-point plateau although it's expected to open under pressure on Friday.
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1 day ago
Japanese Market Sharply Lower
Reversing the gains in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 49,950 level, with weakness across most sectors led by index heavyweights and technology stocks.
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1 day ago
Indonesia Shares May Run Out Of Steam On Friday
The Indonesia stock market has moved higher in back-to-back sessions, collecting almost 100 points or 1.2 percent along the way. The Jakarta Composite Index now sits just beneath the 8,340-point plateau although it's looking at a soft start on Friday.
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1 day ago
Hong Kong Shares Tipped To Open In The Red
The Hong Kong stock market on Thursday wrote a finish to the two-day slide in which it had dropped more than 220 points or 0.8 percent. The Hang Seng Index now rests just above the 26,480-point plateau although it may face renewed consolidation on Friday.
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1 day ago
Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in iron ore miners and technology stocks partially offset by gains in gold miners, energy and financial stocks.
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1 day ago
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Rally May Stall For China Stock Market
The China stock market has moved higher in two straight sessions, collecting more than 45 points or 1.1 percent along the way. The Shanghai Composite Index now sits just beneath the 4,010-point plateau although it may run out of steam on Friday.
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1 day ago
Taiwan Stock Market May Hand Back Thursday's Gains
The Taiwan stock market on Thursday ended the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just beneath the 27,900-point plateau although it's expected to open under water on Friday.
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1 day ago
U.S. Dollar Drops Against Majors
The U.S. dollar dropped against its major counterparts in the New York session on Thursday.
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1 day ago
Renewed Selling Pressure Expected For Singapore Bourse
The Singapore stock market on Thursday ended the two-day losing streak in which it had fallen more than 25 points or 0.6 percent. The Straits Times Index now sits just above the 4,480-point plateau although it may head south again on Friday.
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1 day ago
Japan Household Spending Rises 1.8% On Year In September
The average of household spending in Japan was up 1.8 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday - coming in at 303,214 yen.
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1 day ago
Continued Consolidation Called For Malaysia Shares
The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,620-point plateau and it may take further damage again on Friday.
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1 day ago
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