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Higher Open Anticipated For China Stock Market
Ahead of the long break for the Lunar New Year, the China stock market had moved higher in three straight sessions, surging almost 170 points or 5.6 percent in that span. The Shanghai Composite Index now rests just above the 2,865-point plateau and it's expected to return from break to the upside on Monday.
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Taiwan Shares May Take Further Damage On Monday
The Taiwan stock market on Friday halted the four-day winning streak in which it had surged more than 750 points or 4.2 percent. The Taiwan Stock Exchange now sits just beneath the 18,610-point plateau and the losses may accelerate on Monday.
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Japan Core Machine Orders Climb 2.7% In December
Core machine orders in Japan were up a seasonally adjusted 2.7 percent on month in December, the Cabinet Office said on Monday - coming in at 838.8 billion yen.
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Singapore Stock Market Due For Consolidation On Monday
The Singapore stock market has finished higher in two straight sessions, advancing almost 85 points or 2.8 percent along the way. The Straits Times Index now sits just above the 3,220-point plateau although investors may lock in gains on Monday.
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Malaysia Stock Market May Spin Its Wheels On Monday
The Malaysia stock market on Friday ended the two-day losing streak in which it had eased just over 3 points or 0.2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,535-point plateau although it may be stuck in neutral on Monday.
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South Korea Bourse May Hand Back Friday's Gains
The South Korea stock market on Friday ended the two-day slide in which it had stumbled more than 35 points or 1.4 percent. The KOSPI market now rests just beneath the 2,650-point plateau although it may head south again on Monday.
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Japan Core Machinery Orders Data Due On Monday
Japan will Monday release December figures for core machine orders, highlighting a light day for Asia-Pacific economic activity. In November, orders were down 4.9 percent on month and 5.0 percent on year.
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New Zealand Services Sector Swings To Expansion In January - BusinessNZ
The services sector in New Zealand moved back up into expansion territory in January, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 52.1.
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TSX Ends Modestly Higher
After a slightly weak start and a subsequent recovery that resulted in a good spell in positive territory, the Canadian market pared some gains in the final hour and eventually ended the day's session modestly higher.
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U.S. Stocks Settle Lower As Traders Scale Back Rate Cut Bets After PPI Data
U.S. stocks settled lower on Friday as robust producer price inflation data raised concerns that Federal Reserve may not consider lowering interest rate anytime soon.
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Canadian Market Looks Headed For Another Positive Close
The Canadian market remains fairly well placed in positive territory Friday afternoon, with stocks from materials and communications sectors posting impressive gains.
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Swiss Market Ends Higher For 3rd Straight Day
The Switzerland market ended on a positive note on Friday, extending gains to a third straight session, as optimism about interest rate cut by the Federal Reserve helped underpin sentiment.
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European Stocks Close Higher On Strong UK Retail Sales Data, Rate Cut Hopes
European stocks closed higher on Friday, extending recent gains, with investors cheering UK retail sales data and some encouraging corporate earnings updates. Optimism about interest rate cuts by several central banks sometime in the second half of the current year contributed as well to the positive mood in the region.
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