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Australia Services PMI Slips In July - S&P Global
The services sector in Australia continued to expand in July, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 50.9.
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Rally May Stall For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, collecting almost 30 points or 0.9 percent along the way. The Straits Times Index now rests just beneath the 3,240-point plateau although it's due for consolidation on Wednesday.
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New Zealand Jobless Rate Rises To 3.3% In Q2
The unemployment rate in New Zealand came in at a seasonally adjusted 3.3 percent in the second quarter of 2022, Statistics New Zealand said on Wednesday.
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Malaysia Stock Market Tipped To Extend Tuesday's Losses
The Malaysia stock market on Tuesday snapped the four-day winning streak in which it had gained more than 40 points or 2.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,495-point plateau and it may take further damage on Wednesday.
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South Korea Stock Market May Take Further Damage On Wednesday
The South Korea stock market on Tuesday halted the six-day winning streak in which it had advanced more than 55 points or 2.4 percent. The KOSPI now rests just beneath the 2,440-point plateau and it's tipped to open in the red again on Wednesday.
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New Zealand Unemployment Data Due On Wednesday
New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a busy day for Asia-Pacific economic activity. The jobless rate is expected to come in at 3.1 percent, down from 3.2 percent in the previous three months - while the employment change is seen higher by 0.4 percent on quarter after rising 0.1 percent in Q1.
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TSX Sheds Nearly 1% On Growth Worries, U.S.-China Tensions
The Canadian market ended notably lower on Tuesday, led by sharp losses in materials and energy sectors. There were gains for technology and healthcare stocks, but the market remained in negative territory right through the day's session.
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Dollar Climbs Higher On Safe-haven Appeal
The U.S. dollar gained in strength on Tuesday as worries about slowing growth and rising U.S.-China tensions pushed up the demand for the safe-haven currency.
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U.S. Stocks Close Weak On Growth Concerns, Geopolitical Tensions
U.S. stocks closed on a weak note on Tuesday as rising tensions between the U.S. and China, and signs of slowing global growth weighed on sentiment.
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U.S. Stocks Turning In Mixed Performance
U.S. stocks are turning in a mixed performance Tuesday afternoon with investors largely making cautious moves amid concerns about slowing global growth and on tensions between the U.S. and China.
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Swiss Market Ends Modestly Lower On Weak Global Cues, Consumer Sentiment Data
The Switzerland stock market ended lower on Tuesday, in line with markets across Europe, as concerns about slowing global growth and rising tensions between the U.S. and China rendered the mood a bit bearish.
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European Markets Close Weak On Growth Worries, Geopolitical Concerns
European stocks closed on a weak note on Tuesday as traders weighed near term prospects for the market amid concerns about slowing growth and rising rates, and largely refrained from creating fresh positions.
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Hyundai Motor America July Sales Down 11%
Hyundai Motor America reported Tuesday that it sold a total of 60,631 units in the month of July, down 11 percent from last year's 68,500 units. Both the Elantra HEV and the Tucson PHEV set new sales records for the month.
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