Tag: per
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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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Oil slides on Friday, heads for weekly gain on US-Iran fight
HOUSTON, Sept 4 : Oil prices slid on Friday but were on course to gain more than 6 per cent for the week after the United States and Iran resumed military exchanges in the seventh month of their conflict, while U.S. diesel prices hit a record high.Brent crude futures were down 23 cents or 0.24…
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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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Oil heads for weekly gain as US-Iran fighting resumes; diesel hits record high
Sept 4 : Oil prices were on course to gain more than 6 per cent for the week as the United States and Iran resumed military exchanges in the seventh month of their conflict, while U.S. diesel prices hit a record high.Brent crude futures were up 6.1 per cent for the week and U.S. West…
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Dollar bounces as US jobs growth beats expectations
NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that employers added 162,000 jobs in August, well above the 56,000 additions expected by economists.The data follows after an unexpected 23,000 job decline in July. The unemployment rate held steady at 4.1 per cent. The dollar index, whic
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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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