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Asian Shares Retreat On US Economic Concerns
Asian stocks declined on Friday as U.S. private-sector job reports signaled weakness in the country's labor market and customs data showed Chinese exports unexpectedly fell in October after months of frontloading U.S. orders to beat President Donald Trump's tariffs.
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3 days ago
UK House Prices Rise To Record High: Halifax
UK house prices rose to a record high in October as property market activity remained strong ahead of Autumn Budget, data from the mortgage lender Halifax revealed Friday.
The value of the average UK homes reached GBP 299,862 in October, the highest on record. House prices grew 0.6 percent month-on-month in October, which was the fastest since January.
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3 days ago
Philippine GDP Growth Worst Since 2021
The Philippines' economic growth hit the worst since 2021 as natural calamities and probes on government infrastructure spending weighed on sentiment and domestic activity. Gross domestic product registered an annual growth of 4.0 percent in the third quarter after rising 5.5 percent in the preceding quarter, the Philippine Statistics Authority said Friday.
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3 days ago
European Shares Seen Lower At Open
European stocks look set to extend losses from the previous session on Friday after private reports indicated a cooling U.S. job market and several Federal Reserve officials cautioned about the path forward for monetary policy.
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4 days ago
European Economic News Preview: UK Halifax House Price Data Due
House prices from the UK and foreign trade from Germany are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, UK Halifax house price data is due. Economists forecast house prices to grow 0.1 percent on a monthly basis in October, in contrast to the 0.3 percent decrease in September.
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4 days ago
Sensex, Nifty Open Lower On Concern Over US Job Losses
Indian shares followed global peers lower on Friday as weak U.S. private sector jobs data from Challenger, Gray & Christmas added to concerns about an AI bubble and the possibility of a near-term correction.
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4 days ago
Australian Market Sharply Extends Early Losses In Mid-market
The Australian market is sharply extending its early losses in mid-market moves on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 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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4 days ago
more news
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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4 days 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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4 days 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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4 days 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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4 days 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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4 days 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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4 days ago
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