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Asian Shares Gain As US Senate Clears Debt Deal
Asian stocks advanced on Friday after the U.S. Senate passed a bipartisan bill to raise the debt ceiling into 2025 and cut the deficit, the final hurdle for the U.S. to avoid default on its debt.
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721 days ago
French Industrial Production Recovers In April
France's industrial production rebounded in April with the sharp recovery in petroleum output, the statistical office INSEE reported Friday. Industrial output logged a monthly growth of 0.8 percent, reversing the 1.1 percent decrease in March. Production was expected to climb 0.3 percent.
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721 days ago
European Shares Set To Rise As US Senate Passes Debt Ceiling Bill
European stocks are likely to open higher on Friday after the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
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721 days ago
European Economic News Preview: France Industrial Output Data Due
Industrial production from France and unemployment from Spain are the only important economic data due on Friday. At 2.45 am ET, France's statistical office Insee publishes industrial output for April. Production is expected to grow 0.3 percent on month, in contrast to the 1.1 percent decrease in March.
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721 days ago
Sensex, Nifty Gain As US Senate Clears Debt Ceiling Bill
Indian shares opened on a positive note Friday, mirroring firm cues from global markets after the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
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721 days ago
Asian Markets Track Global Markets Higher
Asian stock markets are mostly higher on Friday, following the broadly positive cues from global markets overnight, as risk sentiment improved after the bill to raise US debt limit and cap government spending in the U.S. was passed by a wide margin late Wednesday to remove a source of uncertainty in the markets. The U.S. Senate will vote on the bill as early as later in the day.
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721 days ago
Sensex, Nifty To Follow Global Peers Higher On Fed Pause Hopes
Indian shares may open higher on Friday, helped by firm global cues and government data showing that GST collection grew 12 percent year-on-year in May.
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721 days ago
more news
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 moving to a tad below the 31,400 level to climb back toward fresh 33-year highs, following the broadly positive cues from global markets overnight, boosted by gains across most sectors, led by index heavyweights and exporters. Technology stocks were weak.
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721 days ago
Thai Shares Tipped To End Losing Streak On Friday
The Thai stock market has moved lower in three straight sessions, slipping almost 20 points or 1.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,520-point plateau although it figures to stop the bleeding on Friday.
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721 days ago
Australian Market Notably Higher
The Australian stock market is notably higher on Friday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the broadly positive cues from global markets overnight, with gains across most sectors, led by miners and technology stocks. Traders also cautiously looked ahead to the RBA's interest rate decision scheduled for next week.
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721 days ago
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market has moved lower in two straight sessions, sinking almost 380 points or 2.1 percent along the way. The Hang Seng Index now rests just above the 18,215-point plateau although it's tipped to open in the green on Friday.
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721 days ago
Japan Monetary Base Declines 1.1% On Year In May
The monetary base in Japan was down 1.1 percent on year in May, the Bank of Japan said on Friday - coming in at 672.732 trillion yen.
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721 days ago
China Stock Market May Extend Thursday's Gains
The China stock market ticked higher again on Thursday, one day after ending the three-day winning streak in which it had advanced almost 25 points or 0.8 percent. The Shanghai Composite Index now rests just above the 3,200-point plateau and it may add to its winnings on Friday.
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721 days ago
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