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South Korea Shares May Extend Friday's Losses
The South Korea stock market headed south again on Friday, one day after ending the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just above the 2,590-point plateau and it's expected to open under water again on Monday.
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510 days ago
Australia PMI Data Due On Monday
Australia will on Monday see preliminary April results for its manufacturing and services PMIs from Judo Bank, highlighting a light day for Asia-Pacific economic activity. In March, their scores were 47.3 and 54.4, respectively.
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510 days ago
TSX Ends On Firm Note
The Canadian market ended higher on Friday, lifted by gains in utilities, financials, energy and communications sectors.
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512 days ago
Dollar Turns In Mixed Performance Against Major Counterparts
After trading weak in the Asian and European sessions, the U.S. dollar slipped a bit deeper in the New York session on Friday, and despite rebounding as the session progressed, struggled to move any significantly above the flat line.
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512 days ago
Swiss Market Ends On Firm Note
The Switzerland market ended on a firm note on Friday, with stocks recovering gradually after a weak start and emerging into positive territory in the penultimate hour of the day's trading session.
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512 days ago
European Stocks Close Mixed After Cautious Session
European stocks closed on a mixed note on Friday with investors mostly making cautious moves amid escalating tensions in the Middle East and continued uncertainty about Federal Reserve's interest rate trajectory.
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512 days ago
Euro Advances On Easing Middle East Fears
The euro was higher against its major counterparts in the New York session on Friday, as concerns about an escalation in the Middle East conflict eased after a subdued response from Iran to Israel's retaliatory attack.
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512 days ago
more news
Canadian Market Moderately Higher; Energy, Utilities Shares Rise
The Canadian market is up in positive territory in late morning trades on Friday with stocks from energy and utilities sectors turning in a fine performance.
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512 days ago
American Express Q3 Results Top Estimates; Reaffirms Outlook
Integrated payments company American Express reported on Friday the net profit for the first quarter grew 35 percent from last year, driven by revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Both earnings per share quarterly revenues topped analysts' estimates. The company also reaffirmed its earnings and revenue guidance for fiscal 2024.
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512 days ago
Netflix To Stop Sharing Subscriber Data; Stock Dips
Netflix Inc. shares were losing more than 6 percent on Friday's initial trading after the company announced plans to stop sharing its quarterly subscriber numbers, a key metrics, and average revenue per member from the first quarter of 2025. For the second quarter, the video streaming giant also projects sequentially lower paid net additions, saying it's due to typical seasonality, while global
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512 days ago
Apple Pulls Out Meta's WhatsApp, Threads From App Store In China
Apple said Friday it was forced to pull out Meta Platforms' WhatsApp and Threads from its App Store in China after an order from the Chinese Internet regulator, citing national security concerns. Apple reportedly said the order was issued by the Cyberspace Administration of China (CAC).
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512 days ago
Canadian Market Likely To Open With Negative Bias
Canadian shares are likely to open with a negative bias Friday morning with investors tracking commodity prices and weak European stocks. Concerns about geopolitical tensions and uncertainty over interest rate trajectory are likely to weigh on sentiment.
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512 days ago
P&G Boosts FY24 EPS And Core EPS Growth Outlook - Update
While reporting financial results for the third quarter on Friday, consumer goods giant Procter & Gamble Co. (PG) raised its earnings per share and core net earnings per share growth guidance for the full-year 2024, while maintaining its annual all-in sales growth outlook.
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512 days ago
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