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| US stock markets continue to levitate. USD/JPY shrugs There is a low-volume rally underway in stocks. It's the final trading day of the month and the S&P 500 is at the best levels of the day, up a solid 34 points to 2639. That will help to blunt a tough quarter in the stock market but FX traders (nor bonds) are particularly excited. USD/JPY has ticked up about 12 ...
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| Blockbuster Chinese tech IPOs set to ignite red-hot Asian equities market HONG KONG (Reuters) – Asia's equity markets have enjoyed their busiest start to a year in deal terms even as Hong Kong, the region's most active IPO hub, awaits a series of blockbuster Chinese tech listings. Companies and investors have taken advantage of buoyant markets to sell blocks of new and ...
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| Why stock-market investors should welcome the arrival of April The U.S. stock market is coming off a rough March—the worst month for the Nasdaq in more than two years—but at least seasonal trends are in investors' favor with the coming of spring. According to the Stock Trader's Almanac, April has historically been a strong months for stocks, with the Dow Jones ...
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| GE charge, restatement may help explain cash issues "That's what the competitors have been grousing," Deane Dray, analyst at RBC Capital Markets, said on Wednesday. If the charge is close to what GE disclosed, it could bolster GE Chief Executive John Flannery's credibility, which has been dented by falling profit and a charge for old insurance policies ...
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| Financial markets close for Holy Week Philippine financial markets were closed on Thursday and Friday, March 29 and 30, for the Holy Week break. Both days—Maundy Thursday and Good Friday—were earlier declared as regular holidays by Malacañang. In line with this, there will be no trading on the Philippine Stock Exchange (PSE) and ...
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