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Australia Building Approval Data Due On Monday
(RTTNews) - Australia will on Monday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic activity. In October, approvals were down 6.0 percent on month and 6.4 percent on year.
Also, the markets in Japan are closed on Monday for Coming of Age Day and will re-open on Tuesday.
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Bay Street Likely To Open Flat
Canadian stocks look headed for a somewhat flat start Thursday morning, tracking the trend in European markets, and commodity prices.
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26 minutes ago
Philippine Central Bank Cuts Rate Unexpectedly
The Philippines' central bank unexpectedly reduced its key interest rates by 25 basis points on Thursday, for the fourth time this year and signaled further reduction to support economic growth. The Monetary Board of the Bangko Sentral ng Pilipinas, headed by Governor Eli Remolona, decided to reduce the policy rate by 25 basis points to 4.75 percent. The bank was expected to hold the rate at 5.0
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41 minutes ago
PepsiCo Q3 Results Top Market, Confirms FY25 View; Names Walmart's Steve Schmitt CFO
PepsiCo, Inc. on Thursday reported lower profit in its third quarter, while core earnings per share and top line beat market estimates. Further, the firm maintained its fiscal 2025 outlook. Separately, the food and beverage giant announced that it has appointed Walmart Inc.'s Steve Schmitt as Executive Vice President and Chief Financial Officer...
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1h 2min ago
FTSE 100 Down Nearly 0.5%; Bank Stocks Tumble
The UK stock market is down in negative territory on Thursday, weighed down by losses in banking and housing sectors.
Expectations of more interest rate cuts by the Federal Reserve and a few other major central banks appear to be limiting the market's downside.
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2h 19min ago
Sensex Rises 398 Points; Nifty Ends At 25,181
Indian shares eked out modest gains on Thursday as geopolitical tensions eased somewhat, and investors awaited TCS' earnings results due after the market close.
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2h 30min ago
CAC 40 Up Marginally In Lackluster Trade
French stocks mostly subdued in somewhat lackluster trade on Thursday, amid fading prospects of an early Parliamentary election in the country.
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2h 39min ago
German Exports Fall On Weak US Demand
Germany's exports declined for the second straight month in August as higher trade tariffs weighed on shipments to the United States, official data revealed Thursday. Exports dropped 0.5 percent in August from July, following a decline of 0.2 percent in July, Destatis said. The drop came in contrast to the expectations for an increase of 0.3 percent.
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2h 43min ago
DAX Modestly Higher On Fed Rate Cut Hopes; Auto Stocks Move Up
German stocks are gaining some ground in positive territory on Thursday amid hopes about more interest rate cuts by the Federal Reserve after the central bank's minutes showed the policymakers are seemingly in favour of further reductions.
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2h 58min ago
