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FTSE 100 Rebounds As BP Increases Share Buybacks
(RTTNews) - U.K. stocks advanced on Tuesday after BP Plc unveiled more share buybacks and announced plans to boost shareholder returns.
The benchmark FTSE 100 was up 50 points, or 0.7 percent, at 7,663, snapping a four-day losing streak.
Oil giant BP soared 5.8 percent after the oil giant reported its second-highest annual profit in more than decade and announced a $1.75bn share buyback.
Filtronic jumped around 6 percent. The maker of products for the aerospace, defines, telecom, and others projected revenue and profit to be ahead of market expectations for fiscal 2024 and fiscal 2025.
Banking group Virgin Money UK added 1.3 percent after delivering Q1 results in line with the guidance.
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Japan Retail Sales Add 0.3% In July
The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
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Singapore Stock Market May Add To Its Winnings On Friday
The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.
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34 minit yang lalu
Japan Industrial Output Sinks 1.6% In July
Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
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Japan Jobless Rate Falls To 2.3% In July
The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday.
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Tokyo Overall Inflation Climbs 2.6% On Year In August
Overall consumer prices in the Tokyo region of Japan - considered a leading indicator for the national trend - were up 2.6 percent on year in August, the Ministry of Communications and Internal Affairs said on Friday.
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56 minit yang lalu
Malaysia Shares Tipped To Remain Rangebound On Friday
The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it may tick higher again on Friday.
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South Korea July Industrial Production Rises 0.3%
Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in July, Statistics Korea said on Friday.
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1j 10min yang lalu
Japan Stock Market May Extend Winning Streak
The Japan stock market has moved higher in back-to-back sessions, collecting more than 430 points or 1 percent along the way. The Nikkei 225 now rests just beneath the 42,830-point plateau and it may add to its winnings on Friday.
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1j 19min yang lalu
