Tag: cent
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China says imports and exports surged in August
BEIJING: China’s imports and exports surged in August, official data showed on Tuesday (Sep 8), helped by a global AI buildout that has fuelled demand for the country’s technology products.Exports spiked 25 per cent year-on-year, the General Administration of Customs (GAC) said, accelerating slightly from Jul
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Japan upgrades Q2 GDP on slight capex improvement
TOKYO, Sept 8 : Japan’s economy grew faster than initially estimated in the April-June quarter from the previous three months, supported by business spending that was less weak than the first reading, revised data showed on Tuesday.The figure released by the Cabinet Office showed the economy expanded an an
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Japan revises Q2 GDP up to annualised 1.4% expansion
TOKYO, Sept 8 : Japan’s economy grew faster than initially estimated in the April-June quarter from the previous three months, supported by capital expenditures which were less weak than initially estimated, revised data showed on Tuesday.The figure released by the Cabinet Office showed the economy expande
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Asia shares bounce, others cautious as oil rises
SYDNEY: Asian shares rallied on Monday (Sep 7) as the robust US jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates, while oil edged higher after the US and Iran attacked ships in the Gulf.Tehran said it will announce a restricted zone outside…
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Yields, dollar rise, stocks ease after solid US jobs report
NEW YORK, Sept 4 : Treasury yields and the dollar rose, while stocks fell on Friday after stronger-than-expected U.S. job growth data boosted bets on a September interest rate hike by the Federal Reserve.All three of the major U.S. stock indexes ended lower in a broad selloff ahead of a three-day holiday wee
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Dollar bounces on job gains, then pares ahead of CPI
NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that U.S. employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, but then pared much of the gains as traders waited on next week’s inflation data.
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Yields rise, stocks mostly ease after solid US jobs report
NEW YORK, Sept 4 : Treasury yields and the dollar rose, while the S&P 500 eased on Friday after U.S. job growth accelerated in August and the unemployment rate held steady.The monthly report suggests the labor market remains stable and raised expectations that the U.S. Federal Reserve will raise interest ra
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Traders brace for US jobs data after Fed’s Waller soothes bond markets
LONDON, Sept 4 : World shares tip-toed higher ahead of U.S. jobs data on Friday, while bond markets got some much-needed relief after a top Federal Reserve official cooled rate-hike expectations and dragged the dollar lower.The dollar’s retreat had run its course as the usual pre-payrolls holding patterns pla
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Shares inch higher ahead of US jobs data after Fed’s Waller soothes bonds
LONDON/SYDNEY, Sept 4 : World shares pushed higher ahead of U.S. jobs data on Friday, while bond markets got some much-needed relief after a top Federal Reserve official cooled rate-hike expectations and dragged the dollar lower.The dollar’s retreat had run its course as the pre-payrolls doldrums set in, but
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Yen headed for strongest week in a month, dollar steady ahead of payroll data
HONG KONG, Sept 4 : The Japanese yen turned lower against the U.S. dollar on Friday after a two-day rally, but held on track for its strongest week in more than a month as traders raised bets on a Bank of Japan interest rate hike, while broader markets awaited U.S. payrolls data. The yen strengthened…
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