Category Markets

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Asian stock markets mixed at the end of the week

Tokyo’s Nikkei closed lower at 27,899.77, down 30.80 or -0.11%, as buying in export stocks was overshadowed after the yen weakened against the dollar. The losers were Rakuten Inc-5.55%, Softbank Group Corp.-3.86%, and Recruit Holdings-3.19%. Tokai Carbon+4.59%, Eisai+4.06%, and Tokyo…

airport bank board business

Asian markets closed lower – Japan tourism on the upswing

In Australia, the S&P/ASX 200 closed at 7,135.70, up 13.50 points or +0.19%, and the All Ordinaries closed at 7,339.00, up 11.60 points or +0.16%. The winners were Pendal+10.54%, Webjet+10.14% and Fisher&Paykel Healthcare+3.89%. The losers were Perpetual-12.63%, Whitehaven Coal-6.31% and…

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Bank of Indonesia raises interest rate by 0.5% to 5.25

The Bank of Indonesia (BI) raised interest rates for the third consecutive month by 0.50% to curb inflation and support the rupiah. The central bank raised its 7-day reverse repo rate by 0.50% to 5.25% and also increased other policy…

airport bank board business

Asian stock markets close lower after a missile hit Poland

Asian stocks closed mostly in the red as investors remained concerned about geopolitical tensions. It was reported that a Russian-made missile had hit Poland. However, U.S. President Joe Biden tempered the concerns over the news. He said the missiles found…

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