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Asian stock markets closed lower on Monday

Tokyo’s Nikkei closed at 27,619.61, down 31.23 or -0.11%, amid concerns that the global economic outlook may be hurt by the Federal Reserve raising interest rates to curb inflation. The losers were Odakyu Electric Railway-3.33%, Keisei Electric Railway-2.75%, and Casio…

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This will be important this week

Asia On Monday, retail sales for July will be released in Australia, and the Leading Economic Index for June in Japan. On Tuesday, Japan publishes the unemployment rate for July. Australia publishes the building permit figures for July. On Wednesday,…

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This is how the markets closed last week

The Dow fell more than 3% on Friday (Aug. 26) after Federal Reserve Chairman Jerome Powell signaled that the Fed would continue to raise interest rates to curb inflation. The Dow Jones Industrial Average closed at 32,283.40, down 1,008.38, or…

airport bank board business

Asian stock markets closed mixed at the start of the week

The Nikkei in Tokyo closed at 28,794.50 points, down 135.83 points or -0.47%. The losers were Hino Motors-3.53%, CyberAgent Inc-3.21%, and Nippon Sheet Glass-2.76%. The winners were Inpex Corp +3.01%, JGC Corp+2.96%, and Daiichi Sankyo+2.75%. In Australia, the S&P/ASX 200…

close up photo of dart pins on dartboard

This will be important this week

Asia On Monday, Japan reports gross domestic product (GDP) for 2Q22 (preliminary estimate) and industrial production for June (latest estimate). China reports house price index for July, industrial production for July, retail sales for July, fixed asset investment for July,…

airport bank board business

Asian stock markets closed lower as investors eye U.S. inflation

Tokyo Nikkei closed down 180.63, or -0.65%, at 27,819.33 points, with a sell-off in technology stocks on weak gains. The losers are Daiwa House Industry-4.35%, Fuijitsu-3.79%, and Advantest Corp.-3.56%. The winners are Mitsubishi Materials Corp.+7.91%, Mazda Motor+7.38%, and Yokohama Rubber+7.21%.…

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