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Asian Shares Climb On Robust US Earnings
Asian stocks rose broadly on Friday as Microsoft and Google's parent company Alphabet both beat Wall Street's Q1 expectations, offsetting Meta Platforms' disappointing forward guidance.
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ConSup North America Recalls RTE Sliced Prosciutto Product
Lincoln Park, New Jersey -based ConSup North America Inc. is recalling around 85,984 pounds of ready-to-eat or RTE sliced prosciutto ham product produced in Germany without the benefit of equivalent inspection, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced.
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Yen Slides After BoJ Keeps Key Rate Unchanged
The Japanese yen weakened against other major currencies in the Asian session on Friday after the Bank of Japan left its key interest rate unchanged and raised its inflation outlook.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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European Shares Seeking Rebound With Tech Earnings In Focus
European stocks are likely to open on a positive note Friday after tech giants Alphabet and Microsoft reported earnings beat for the first quarter, helping ease concerns about the cost of artificial intelligence.
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Sensex, Nifty Struggle For Direction On Concerns Over US Economy
Indian shares were little changed in cautious trade on Friday as investors reacted to mixed earnings results from U.S. tech majors as well as new U.S. data showing slowing GDP growth but strong inflation.
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European Economic News Preview: Eurozone Monetary Aggregates Data Due
Monetary developments from the euro area and consumer confidence from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, retail sales and household consumption from Norway and foreign trade data from Sweden are due.
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more news
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remained cautious and were reluctant to take up long positions ahead of key data from the U.S. They also continued to pick up stocks at a bargain following the recent sell-off. Asian markets ended mostly lower on Thursday.
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Sensex, Nifty Set For Muted Open As US Yields Climb On Inflation, Rate Concerns
Indian shares are likely to open on a muted note Friday as investors react to signs of weaker GDP growth and stubborn inflationary pressures in the U.S.
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Japanese Market Notably Higher
Recouping some of the sharp losses in the previous session, the Japanese stock market is notably higher on Friday, despite the broadly negative cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 37,700 level, as traders remained cautious ahead of the Bank of Japan's monetary policy decision and some picked up stocks at a bargain after the recent sell-off.
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Thai Bourse Due For Profit Taking On Friday
The Thai stock market has moved higher in four straight sessions, advancing almost 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,365-point plateau although it's likely to open under water on Friday.
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Indonesia Shares May Open Under Pressure Again On Friday
The Indonesia stock market on Thursday ended the two-day winning streak in which it had picked up more than 100 points or 1.4 percent. The Jakarta Composite Index now sits just above the 7,155-point plateau and it's looking at another soft start again on Friday.
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Australian Market Sharply Lower
The Australian stock market is sharply lower in post-holiday trading on Friday, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 7,600 level, with weakness across most sectors led by iron ore miners and technology stocks.
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