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Asian Markets Mostly Higher, Snapping Losing Streak

CANBERA (dpa-AFX) - Asian stock markets snapped the losing streak and are mostly higher on Friday, after three straight sessions of losses, following the broadly positive cues overnight from Wall ....

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Asian Shares Rise As Inflation Fears Ebb

Asian Shares Rise As Inflation Fears Ebb
CANBERA (dpa-AFX) - Asian stocks advanced on Friday as comments from Federal Reserve officials helped ease inflation fears.
Increases in prices above the Federal Reserve s 2 percent goal should be temporary and the Fed would not raise rates until it sees inflation above target for a long time, said Federal Reserve Governor Christopher Waller on Thursday.
Fed policymakers Lael Brainard and Richard Clarida made similar comments on Tuesday and Wednesday, respectively.
Chinese shares rallied, led by financial and healthcare firms. The benchmark Shanghai Composite index jumped 60.84 points, or 1.77 percent, to 3,490.38 while Hong Kong s Hang Seng index climbed 308.90 points, or 1.11 percent, to 28,027.57. ....

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Asian stock markets rise after US debt ceiling deal

Asian stock markets rise after US debt ceiling deal
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TOKYO: Asian shares bounced back on Thursday after US President Donald Trump and congressional leaders unexpectedly agreed to raise the government debt limit until December, eliminating the near-term risk of a government shutdown.
The euro maintained this week’s slim gains ahead of the European Central Bank’s policy meeting later in the day while oil prices were supported as US Gulf Coast refineries restart in the wake of Hurricane Harvey.
European shares are expected to rise, with spread-betters quoting a higher opening of 0.4 per cent in Germany’s DAX and 0.3 per cent in France’s CAC. ....

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Asian Markets Mostly Lower On Inflation Woes

Asian Markets Mostly Lower On Inflation Woes
CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Thursday, extending the sharp losses of the previous two sessions, following the broadly negative cues overnight from Wall Street amid concerns about the accelerating pace of inflation following the release of the U.S. consumer prices data for April. Asian markets closed mostly lower on Wednesday.
The US annual inflation rate jumped to the highest in 13 years and well above forecasts, while the monthly gauge rose the most since 2009.
The markets in the region are also weighed down by the accelerating daily coronavirus infection rates caused by highly contagious variants of the virus. ....

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Asian Markets Plunge As US Inflation Data Fans Rate Hike Fears

Asian markets plunge as US inflation data fans rate hike fears ....

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