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Singapore Inflation Data Due On Monday
(RTTNews) - Singapore will on Monday release March figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Inflation is expected to rise 5.1 percent on month and 5.6 percent on year, slowing from 5.5 percent on month and 6.3 percent on year in February.
Taiwan will provide March numbers for industrial production and unemployment; in February, production was down 8.66 percent on year and the jobless rate was 3.58 percent.
Hong Kong will see March figures for unemployment; in February, the unemployment rate was 3.3 percent.
Finally, the markets in Malaysia and Indonesia are closed on Monday for Eid-ul-Fitr.
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Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Monday, reversing some of the losses in the previous four sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to well above the 7,950.00 level, with gains across most sectors led by iron ore miners and energy stocks.
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4h 3min ago
Japan Overall Bank Lending +3.1% On Year In February
The value of overall bank lending in Japan was up 3.1 percent on year in February, the Bank of Japan said on Monday - coming in at 635.468 trillion yen.
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4h 33min ago
Taiwan Stock Market Tipped To End Losing Streak
The Taiwan stock market has finished lower in two straight sessions, shedding almost 300 points or 1.3 percent in that span. The Taiwan Stock Exchange now sits just above the 22,575-point plateau, although it's due to find traction on Monday.
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4h 35min ago
Japan Has Y257.6 Billion Current Account Shortfall
Japan posted a current account deficit of 257.6 billion yen in January, the Ministry of Finance said on Monday.
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4h 59min ago
Singapore Stock Market May See Renewed Support On Monday
The Singapore stock market on Friday ended the two-day winning streak in which it had collected almost 20 points or 0.5 percent. The Straits Time Index now sits just beneath the 3,915-point plateau, although it's likely to tick higher again on Monday.
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5h 5min ago
Malaysia Stock Market May Find Traction On Monday
The Malaysia stock market has tracked lower in back-to-back sessions, slumping almost 20 points or 1.3 percent in that span. The Kuala Lumpur Composite Index now sits just shy of the 1,550-point plateau, although it may stop the bleeding on Mondy.
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5h 35min ago
Rebound Anticipated For Japan Stock Market
The Japanese stock market on Friday wrote a finish to the two-day winning streak in which it had rallied more than 370 points or 1 percent. The Nikkei 225 now rests just shy of the 36,900-point plateau, although it may bounce higher again on Monday.
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5h 50min ago
South Korea Bourse May Erase Friday's Losses
The South Korea stock market on Friday halted the two-day winning streak in which it had advanced almost 50 points or 2 percent. The KOSPI now sits just above the 2,560-point plateau although it may see renewed support on Monday.
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6h 5min ago
