Japan Industrial Output Data Due On Wednesday
(RTTNews) - Japan will on Wednesday release preliminary November numbers for industrial production, highlighting a light day for Asia-Pacific economic activity.
Industrial output is expected to slip a seasonally adjusted 0.3 percent on month after sinking 3.2 percent in October.
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Solid Return Expected For China Stock Market
Ahead of the long break for the Lunar New Year, the China stock market had ended the two-day winning streak in which it had improved almost 40 points or 1.2 percent. The Shanghai Composite Index now rests just above the 3,250-point plateau and it's expected to open to the upside on Wednesday as it catches up on missed sentiment.
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Singapore Private Sector Slips Into Contraction - S&P Global
The private sector in Singapore fell into contraction territory in January, the latest survey from S&P Global revealed on Wednesday with a PMI score of 49.9.
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Hong Kong PMI Ebbs In January - S&P Global
The private sector in Hong Kong continued to expand in January, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a PMI score of 51.0.
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Japan Services Sector Accelerates In January - Jibun
The services sector in Japan continued to expand in January, and at a faster pace, the latest survey from Jibun Bank revealed on Wednesday with a services PMI score of 53.0.
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Taiwan Shares Expected To Open In The Green On Wednesday
The Taiwan stock market bounced higher again on Tuesday, one day after emphatically halting the five-day winning streak in which it had surged more than 1,000 points or 4.5 percent. The Taiwan Stock Exchange now rests just beneath the 22,800-point plateau and it may add to its winnings on Wednesday.
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Rebound Anticipated For Singapore Stock Market
The Singapore stock market has moved lower in two straight sessions, slipping more than 30 points or 0.8 percent along the way. The Straits Times Index now sits just beneath the 3,825-point plateau although it figures to bounce higher on Wednesday.
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Malaysia Stock Market May See Additional Support On Wednesday.
The Malaysia stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had retreated more than 35 points or 2.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,560-point plateau and it's expected to open in the green on Wednesday.
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South Korea Inflation Jumps 2.2% On Year In January
Consumer prices in South Korea were up 2.2 percent on year in January, Statistics Korea said on Wednesday - exceeding expectations for 2.0 percent and accelerating from 1.9 percent in December.
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