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South Korea Export Prices Slip 1.3% On Month In May
Export prices in South Korea were down 1.3 percent on month in May, the Bank of Korea said on Wednesday - after rising 0.4 percent in April.
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720 hari yang lalu
Dollar Loses Ground Against Major Counterparts After Inflation Data
The U.S. dollar drifted lower against its major counterparts on Tuesday after data showing a slowdown in consumer price inflation raised hopes the Federal Reserve will pause rate increases when it announces its monetary policy decision on Wednesday.
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720 hari yang lalu
Canadian Market Remains In Positive Territory As Energy Stocks Hold Gains
The Canadian market remains firmly in positive territory Tuesday afternoon despite paring some early gains.
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720 hari yang lalu
Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Tuesday, shrugging off a setback it suffered around mid afternoon.
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720 hari yang lalu
European Stocks Close Higher On Encouraging Economic Data
European stocks shrugged off a mid-session setback and closed higher on Tuesday thanks to strong economic data from Germany and a surprise rate cut decision by the People's Bank of China.
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720 hari yang lalu
U.S. Dollar Dips As Slowdown In Inflation Reinforces Fed Pause Bets
The U.S. dollar was lower against its most major counterparts in the European session on Tuesday, as softer-than-expected inflation data for May supported expectations that the Federal Reserve will pause rate increases at its monetary policy decision due Wednesday.
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720 hari yang lalu
U.S. Consumer Prices Inch Higher In May, Annual Growth Slows To Two-Year Low
The Labor Department released its highly anticipated report on consumer price inflation in the month of May on Tuesday, showing prices edged slightly higher. The report said the consumer price index inched up by 0.1 percent in May after climbing by 0.4 percent in April. Economists had expected prices to tick up by 0.2 percent.
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720 hari yang lalu
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China Cuts Key Policy Rate In Surprise Move To Boost Slowing Economy
The People's Bank of China unexpectedly reduced its short-term borrowing rate on Tuesday and authorities are expected to add more stimulus in the days ahead by way of a cut to the benchmark lending rate as several economic indicators have revealed a sagging economy after the post-pandemic reopening turned out to be quite tepid.
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720 hari yang lalu
U.S. Consumer Prices Inch Up Less Than Expected In May
The Labor Department released its highly anticipated report on consumer price inflation in the month of May on Tuesday, showing prices edged slightly higher.
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720 hari yang lalu
German Economic Confidence Unexpectedly Improves In June
Germany's economic confidence unexpectedly improved in June but remained in the negative zone for the second straight month indicating that financial market experts see no improvement in the economic situation over the second half of the year, results of a closely watched survey showed Tuesday. The ZEW Indicator of Economic Sentiment unexpectedly rose to -8.5 in June from -10.7 in May.
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720 hari yang lalu
Bay Street Seen Opening Higher; U.S. Inflation Data, Fed Meeting In Focus
Canadian shares are likely to open on a positive note on Tuesday, tracking higher crude oil and bullion prices. Still, with the focus on U.S. inflation data and the Federal Reserve's monetary policy meeting, the mood is likely to be a bit cautious.
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720 hari yang lalu
Falling UK Unemployment & Rising Wage Growth Signals Labor Market Strength
The surprise decline in the UK unemployment rate and strong growth in average earnings in the three months to April reflect the tightness of the labor market, data from the Office for National Statistics revealed Tuesday. The jobless rate fell to 3.8 percent in the three months to April from 3.9 percent in the preceding period, while it was forecast to rise to 4.0 percent.
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720 hari yang lalu
AstraZeneca Partners Vanguard Renewables To Use Renewable Natural Gas In The U.S. By End Of 2026
In a first-of-its-kind collaboration, British drug major AstraZeneca plc (AZN, AZN.L) is partnering with Vanguard Renewables to enable the delivery of renewable natural gas (RNG) to all of its sites in the United States by the end of 2026.
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720 hari yang lalu
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