Tag: Markets
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Hong Kong stocks finish on positive note
Hong Kong, March 15 (AFP/APP):Hong Kong shares closed Monday slightly higher following a hefty loss at the end of last week, while investors kept tabs on the upcoming meeting of the US Federal Reserve. The Hang Seng Index added 0.33 percent, or 94.04 points, to 28,833.76. The benchmark Shanghai Composite Index fell 0.96 percent, or…
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Hong Kong stocks end morning higher
Hong Kong, March 11 (AFP/APP):Hong Kong stocks rallied Thursday morning, in line with most Asian markets and following a record on Wall Street, as US price data soothed concerns about a surge in inflation caused by the expected global recovery this year. The Hang Seng Index rose 1.60 percent, or 463.71 points, to 29,371.23. Stay…
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Most Asian markets fall as inflation fears trump signs of recovery
Hong Kong, March 8 (AFP/APP):Asian markets mostly fell Monday as persistent inflation fears overshadowed a forecast-busting US jobs report and Senate approval of Joe Biden’s huge stimulus package, while Brent crude broke past $70 for the first time since January last year after an attack on energy facilities in Saudi Arabia. Traders were given a…
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Asian markets mixed as recovery pace fuels rate-hike fear
Hong Kong, Feb 19 (AFP/APP):Asian markets were mixed Friday as fears that the global recovery will fire inflation continued to niggle investor sentiment as they faced up to the fact that interest rates will not be kept at record lows forever. The rollout of vaccines, falling infection rates and the prospect of another mammoth US…
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The world’s largest economy to recover from pandemic by the middle of 2021, US CBO
Washington, Feb 1 (AFP/APP): The world’s largest economy will recover from the coronavirus pandemic by the middle of 2021, the US Congressional Budget Office (CBO) said on Monday, sooner that it had forecast last year. “CBO currently projects a stronger economy than it did in July 2020, in large part because the downturn was not as…
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Stock Markets Fuelled by Vaccine & Stimulus Optimism
Stock markets are fuelled by vaccine and stimulus optimism.
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Asia & Europe Stocks Mixed as Virus Surge Darkens Mood
Asia and Europe stocks have seen mixed results as the virus surge darkens the mood.
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European Markets Cautious at Open
European markets were cautious at opening.
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China Yiwu Import Commodities Fair to help Pakistani products find buyers
BEIJING, Nov 17 (APP):The four-day China Yiwu Import Commodities Fair was held at the Yiwu International Expo Center in Zhejiang Provinc . Since its establishment, Yiwu Import Commodities Fair has become one of the best trade platforms for foreign goods to enter the Chinese market. “As long as the products are practical and cost-effective, we…
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Global Stock Markets Climb on Bright Data & Vaccine Hopes
Global stock markets have climbed on bright data and vaccine hopes.