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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has ticked higher in two straight sessions, collecting almost 2 points or 0.1 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,510-point plateau and it's tipped to open in the green again on Thursday.
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Higher Open Predicted For South Korea Shares
The South Korea stock market on Wednesday ended the two-day slide in which it had slumped almost 30 points or 1.2 percent. The KOSPI market now rests just beneath the 2,610-point plateau and it may add to its winnings on Thursday.
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China Inflation Data On Tap For Thursday
China will on Thursday release January data for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity.
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TSX Ends Slightly Higher After Cautious Session
The Canadian market ended slightly up on Wednesday after a lackluster session as investors largely refrained from making significant moves amid a lack of triggers. Uncertainty about interest rates rendered the mood cautious.
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Dollar Extends Losses Against Major Rivals
The U.S. Dollar shed ground on Wednesday with traders assessing Fed officials' comments on interest rates.
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Swiss Market Ends Modestly Lower
The Switzerland market ended weak on Wednesday, in line with markets across Europe, as investors were reluctant to pick up stocks amid uncertainty about the likely timing of interest rate cuts by central banks, including the Federal Reserve.
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European Stocks Close Weak Amid Uncertainty About Interest Rates
European stocks closed weak on Wednesday as uncertainty about the outlook for interest rates rendered the mood cautious. Investors also assessed the economic health of the region, tracking the latest batch of economic data.
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more news
Canadian Stocks Down Slightly At Noon In Lackluster Trade
Canadian stocks are turning in a mixed performance in lackluster trade on Wednesday with traders largely staying on the sidelines amid a lack of positive cues.
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Canadian Dollar Firms As Oil Extends Gains
The Canadian dollar strengthened against its major counterparts in the European session on Wednesday, as oil prices traded higher for a third consecutive session after the U.S. Energy Information Administration (EIA) said it expects U.S. output to remain largely steady through 2025, easing worries of excess supply.
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BoE's Breeden Says Less Need To Consider Further Rate Hikes
The Bank of England is unlikely to consider further interest rate hikes as the likelihood of a greater persistence of inflation has diminished, a policymaker said Wednesday. "As I have become more confident that persistence is likely to evolve as embodied within our forecast, I have become less concerned that rates might need to be tightened further," the policymaker Sarah Breeden said.
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Terns Pharmaceuticals Appoints Amy Burroughs As CEO
Terns Pharmaceuticals, Inc. (TERN) announced Wednesday the appointment of Amy Burroughs as chief executive officer (CEO), effective immediately. Burroughs will also join the Terns board of directors.
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NUBURU Engages Northland Capital Markets For Evaluation Of Strategic Alternatives, Including Sale
NUBURU, Inc. (BURU) announced Wednesday that it has engaged Northland Capital Markets as its financial advisor in connection with its evaluation of strategic alternatives.
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U.S. Trade Deficit Widens As Imports Jump More Than Exports
With imports increasing by more than exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened in the month of December. The Commerce Department said the trade deficit increased to $62.2 billion in December from a revised $61.9 billion in November.
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