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Australian Market Modestly Higher
The Australian stock market modestly higher on Tuesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving to nearly the 6,700 level, despite the broadly negative cues from global markets overnight, with strong gains in mining stocks amid a spike in metal prices.
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No Help Yet For China Stock Market
The China stock market has finished lower in four straight sessions, sinking more than 115 points or 3.9 percent along the way. The Shanghai Composite Index now sits just beneath the 2,975-point plateau and it's likely to open lower again on Tuesday.
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Taiwan Stock Market May Take Further Damage On Tuesday
Ahead of Monday's holiday for National Day, the Taiwan stock market had halted the three-day winning streak in which it had surged more than 600 points 4.6 percent. The Taiwan Stock Exchange now rests just above the 13,700-point plateau and it's expected to open under pressure again on Tuesday.
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Japan Has Y58.9 Billion Current Account In August
Japan posted a current account surplus of 58.9 billion yen in August, the Ministry of Finance said on Tuesday - down 96.1 percent on year.
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Singapore Stock Market Expected To Open Under Pressure On Tuesday
The Singapore stock market has finished lower in three straight sessions, sinking more than 45 points or 1.3 percent in that span. The Straits Times Index now rests just beneath the 3,110-point plateau and it's looking at another soft start again on Tuesday.
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Malaysia Stock Market May Give Up Support At 1,400 Points
Ahead of Monday's holiday in honor of the birth of the prophet Muhammad, the Malaysia stock market had finished lower in back-to-back sessions, sinking more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,405-point plateau and it may take further damage on Tuesday.
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Continued Consolidation Called For KOSPI
Ahead of Monday's holiday for Hangul Day, the South Korea stock market had snapped the three-day winning streak in which it had collected more than 80 points or 3.7 percent. The KOSPI sits just above the 2,230-point plateau and the losses figure to accelerate on Tuesday.
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more news
New Zealand Retail Card Spending Jumps 1.4% In September
Electronic retail card spending in New Zealand was up a seasonally adjusted 1.4 percent on month in September, Statistics New Zealand said on Tuesday - after rising an upwardly revised 1.0 percent in August (originally 0.9 percent).
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Australia Consumer Confidence Index Data Due On Tuesday
Australia will on Tuesday see October results for the consumer confidence index from Westpac Bank, highlighting a modest day for Asia-Pacific economic activity. In September, the index climbed 3.9 percent to a score of 84.4.
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Dollar Continues To Surge Higher
The U.S. dollar climbed higher against most of its major counterparts on Monday, extending recent gains, amid bets the central bank will continue to aggressively hike interest rates.
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U.S. Stocks Close Lower Again; Nasdaq Ends At Over 2-year Low
U.S. stocks closed lower on Monday, extending recent losses, as worries about interest rate hikes and slowing growth continued to weigh on sentiment.
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Dow Comes Off Day's Lows; Nasdaq Notably Lower As Export Controls On China Weighs
U.S. stocks are down in negative territory Monday afternoon, with those from the technology section posting sharp losses.
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Swiss Market Ends Lower For 4th Straight Session
The Switzerland stock market ended lower on Monday, in line with markets across Europe, amid lingering concerns about growth due to rising interest rates.
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