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Top News In ஆசிய வாழ்க்கைத்தொழில்கள் தூதர் அலி சூளெமன் அல் சயீத் Today - Breaking & Trending Today

Markets likely to open flat - The Hindu BusinessLine

Markets likely to open flat
May 04, 2021
Fear over continuous rise in Covid cases, extended lockdowns in States likely to cap upside
Markets are likely to open marginally down on Tuesday, amidst mixed global cues. Though the positive recovery rate in Covid cases bodes well, economists are still grappling with uncertainty, analysts said. The SGX Nifty is currently hovering around 14,663 (8 00 am IST), which is about 20 points lower as against Nifty May futures that closed at 14,685 on the NSE on Monday.
As Japan market is closed, other Asian markets provide little cues. Overnight, the US markets ended sharply higher with Dow and S&P 500 climbing 0.70 per cent and 0.3 per cent respectively. However, tech-heavy Nasdaq closed 0.5 per cent lower. ....

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades
CANBERA (dpa-AFX) - Asian stock markets are mixed on Tuesday, following the mixed cues overnight from Wall Street as traders remain worried about the pace of global economic recovery amid a renewed spike in coronavirus cases in the region, with restrictions and lockdowns in several areas. Markets in China and Japan are closed for holidays. Asian stocks ended mostly lower on Monday.
The Australian stock market is modestly higher in choppy trading in positive territory on Tuesday, extending the gains of the previous session, with the benchmark S&P/ASX 200 staying above the 7,000 mark near 14-month highs as traders await the Reserve Bank of Australia monetary policy decision later in the day. Big miners and energy stocks are driving the market, partially offset by the retreat by financial and technology stocks. ....

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Asian-American business leaders launch $250M effort to fight

Asian-American business leaders launch $250M effort to fight hate
Reuters | May 03, 2021 11:49 PM EDT
People listen to speakers during a Rally Against Hate to end discrimination against Asian Americans and Pacific Islanders in New York City, U.S (Photo : REUTERS/Eric Lee)
Prominent Asian-American business leaders launched a $250 million initiative on Monday to support an array of Asian American and Pacific Islander causes, vowing to create a national infrastructure for a community that has faced an increasing number of racial attacks.
The Asian American Foundation will invest its initial funding - described by organizers as the largest-ever philanthropic effort to support the AAPI community - in three key areas: anti-hate programs, education, and data and research. ....

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Asian Shares Rise In Thin Holiday Trade

Asian Shares Rise In Thin Holiday Trade
CANBERA (dpa-AFX) - Asian stocks rose broadly on Tuesday despite lingering concerns about spike in coronavirus cases in the region.
China was closed for Labor Day. The Japanese markets were closed for Greenery Day. Hong Kong s Hang Seng index climbed 199.60 points, or 0.70 percent, to 28,557.14.
Ending a long and severe long recession, Hong Kong s economy grew at the fastest pace in more than a decade in the first quarter of 2021, advance estimate from the Census and Statistics Department showed.
GDP grew 7.8 percent from a year earlier, in contrast to the decrease of 2.8 percent in the fourth quarter, underpinned by robust exports. ....

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