Sensex, Nifty Snap Three Day Losing Streak

Indian shares recovered from an early slide to end modestly higher on Friday. Rate-sensitive banks, automakers and metal stocks advanced, offsetting weakness in the IT and FMCG sectors. The benchmark 30-share BSE Sensex ended the session up 218.14 points, or 0.27 percent, at 81,224.75, snapping a three-session losing streak. The broader NSE Nifty index closed...

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Taiwan Stock Market May Extend Its Gains

The Taiwan stock market has climbed higher in two straight sessions, advancing more than 475 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,490-point plateau and its tipped to open in the green again on Monday. The global forecast for the Asian market is upbeat on generally...

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Euro Drops As ECB Lowers Key Rates Again

The euro fell against its major counterparts in the European session on Thursday, as the European Central Bank cut key interest rates by 25 basis points amid progress in disinflation and weak economic data released since the September policy session. The Governing Council, led by ECB President Christine Lagarde, lowered the deposit facility rate by...

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China GDP Data Due On Friday

China is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are Q3 numbers for gross domestic product, as well as September figures for industrial production, retail sales, fixed asset investment and unemployment. GDP is expected to add 0.5 percent on quarter and 4.6 percent...

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