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Hang Seng Tipped To End Losing Streak
The Hong Kong stock market has moved lower in back-to-back sessions, dropping almost 280 points or 1.7 percent along the way. The Hang Seng Index now sits just above the 16,510-point plateau although it's due for support on Friday.
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Thai Manufacturing PMI Weakens Further In February - S&P Global
The manufacturing sector in Thailand continued to contract in February, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 45.3.
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Indonesia Manufacturing PMI Ebbs In February - S&P Global
The manufacturing sector in Indonesia continued to expand in February, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 52.7.
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Vietnam Manufacturing PMI Picks Up Steam In February - S&P Global
The manufacturing sector in Vietnam continued to expand in February, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 50.4.
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Philippines Manufacturing Sector Accelerates In February - S&P Global
The manufacturing sector in the Philippines continued to expand in February, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 51.0.
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China Stock Market Likely To Add To Its Winnings
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the eight-day winning streak in which it had surged more than 300 points or 10.9 percent. The Shanghai Composite Index now rests just above the 3,015-point plateau and it may see additional support on Friday.
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South Korea Has $4.30 Billion Trade Surplus
South Korea posted a merchandise trade surplus of $4.30 billion in February, the Customs Office said on Friday.
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Taiwan Stock Market May Crack Resistance At 19,000 Points
The Taiwan stock market bounced higher again on Thursday, one session after halting the three-day winning streak in which it had rallied more than 270 points or 1.4 percent. The Taiwan Stock Exchange now sits just above the 18,960-point plateau and it's likely to open in the green again on Friday.
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Japan Jobless Rate Steady At 2.4%
The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in January, the Ministry of Internal Affairs and Communications said on Friday.
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Additional Support Predicted For Singapore Stock Market
The Singapore stock market on Thursday halted the four-day losing streak in which it had stumbled more than 85 points or 2.7 percent. The Straits Times Index now sits just above the 3,140-point plateau and it's expected to extend its gains on Friday.
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Malaysia Shares Tipped To Open In The Green
The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,550-point plateau and it may add to its winnings on Friday.
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TSX Ends On Firm Note As Energy, Materials Shares Post Strong Gains
The Canadian market ended on a firm note on Thursday, led by gains in energy, materials and utilities sectors. Slightly easing concerns about inflation and hopes that the Federal Reserve will announce an interest-rate cut in the second quarter aided sentiment.
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China Manufacturing PMI Data Due On Friday
China's National Bureau of Statistics will release February figures for its manufacturing, non-manufacturing and composite indexes, highlighting a busy day for Asia-Pacific economic activity. In January, their scores were 49.2, 50.7 and 50.9, respectively.
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