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Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Tuesday, giving up all the gains in the previous session, with the Nikkei 225 falling below the 27,600 level, following the mildly negative cues from global markets overnight, with weakness in technology, financial and energy-linked shares.
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Sensex, Nifty Seen Tad Lower As Growth Worries Mount
Indian shares may open a tad lower on Tuesday amid recession jitters and escalating U.S.-China tension over Taiwan.
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Soft Start Expected For Indonesia Stock Market
The Indonesia stock market moved higher again on Monday, one session after snapping the three-day winning streak in which it had picked up almost 100 points or 1.5 percent. The Jakarta Composite Index now sits just beneath the 6,970-point plateau although it may sink lower again on Tuesday.
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Australia Home Loans Sink 3.3% In June
The total value of owner-occupied home loans in Australia was down a seasonally adjusted 3.3 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at A$20.50 billion.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Tuesday, snapping the five-session winning streak, with the benchmark S&P/ASX 200 staying below the 7,000 mark, following the mildly negative cues from global markets overnight, as traders await the Reserve Bank interest rate decision later in the day, with the RBA tipped to raise interest rates by another 50 basis points to a six-year high.
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Hong Kong Stock Market Predicted To Head South Again On Tuesday
The Hong Kong stock market on Monday wrote a finish to the three-day slide in which it had slumped more than 750 points or 3.8 percent. The Hang Seng Index now sits just above the 20,160-point plateau although it's looking at a soft start again on Tuesday.
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China Stock Market Tipped To Remain Rangebound
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just beneath the 3,260-point plateau although it's expected to see renewed consolidation again on Tuesday.
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more news
South Korea Inflation Rises 6.3% On Year In July
Consumer prices in South Korea were up 6.3 percent on year in July, Statistics Korea said on Tuesday - in line with expectations and accelerating from 6.0 percent in June.
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Taiwan Bourse May Extend Monday's Losses
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had stumbled almost 150 points or 1.1 percent. The Taiwan Stock Exchange now rests just above the 14,980-point plateau and it may take further damage on Tuesday.
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Renewed Selling Pressure Likely For Singapore Stock Marke
The Singapore stock market bounced higher again on Monday, one session after snapping the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just beneath the 3,240-point plateau although it figures to head south again on Tuesday.
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Malaysia Stock Market Due For Consolidation
The Malaysia stock market has moved higher in four straight sessions, gathering more than 40 points or 2.7 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,500-point plateau although it may run out of steam on Tuesday.
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South Korea Stock Market Likely To Run Out Of Steam
The South Korea stock market has finished higher in six straight sessions, gathering more than 55 points or 2.4 percent along the way. The KOSPI now rests just above the 2,450-point plateau although investors figure to cash in on Tuesday.
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Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 50 basis points, from 1.35 percent to 1.85 percent.
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