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Coinbase Stocks Plunge as US Bans Unauthorized Business Operations

The stock price of Coinbase Global Inc, the largest cryptocurrency trading platform in the United States, experienced a sharp decline in trading on Wall Street following the filing of a lawsuit by the US Securities and Exchange Commission (SEC). Coinbase’s stock dropped by 15.46%, reaching $49.63. The SEC lodged the lawsuit against Coinbase in New …

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Asian Stock Markets Mixed After US House of Representatives Approves Increase in Debt Ceiling

Asian stock markets showed a mixed response following the approval of an increase in the debt ceiling by the US House of Representatives. While some markets reacted positively to the news, concerns about the Chinese economy and other domestic factors weighed down on investor sentiment. In Hong Kong, the Hang Seng index closed at 18,216.91 …

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Asian Stock Markets Decline as Investors Monitor US Debt Ceiling Vote

Asian stock markets closed lower as investors remained cautious and closely watched the US Congress’s vote on the debt ceiling. Concerns about the global economic outlook, particularly in China, also weighed on market sentiment. In Australia, the S&P/ASX 200 index dropped by 118.00 points or 1.64% to close at 7,091.30. The broader All Ordinaries index …

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Asian Stock Markets Close Higher as Investors Monitor US Debt Ceiling Vote in Congress

Asian stock markets showed positive momentum as they closed higher, with investors closely monitoring developments in the US Congress regarding the vote to increase the country’s debt ceiling. Tokyo’s Nikkei extended its winning streak for the fourth consecutive day, reaching a 33-year high at 31,328.16, up 94.62 points or 0.30%. The market was supported by …

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Asian Stock Markets Mostly Close Lower as Concerns over US Debt Ceiling Persist

Asian stock markets experienced a mixed performance in the latest trading session, with investors remaining cautious and worried about the ongoing impasse over the US debt ceiling. The failure of the US government and Congress to reach an agreement to raise the debt ceiling has heightened concerns about a potential historic default on US debt. …

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Asian Stock Markets Mixed as Investors Monitor US Debt Ceiling Negotiations

Asian stock markets concluded their trading sessions with mixed results as investors closely monitored the progress of negotiations to raise the US debt ceiling. The outcome of these discussions held significant implications for global financial markets. In Australia, the S&P/ASX 200 edged up to 7,270.80, an increase of 7.50 points or 0.10%. The All Ordinaries …

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Asian Stocks End Mostly Positive as Investors Monitor US Debt Ceiling Negotiations

Asian stock markets closed with mixed results, with Tokyo’s Nikkei reaching a 33-year high and South Korea’s Composite (KOSPI) maintaining its positive streak. Meanwhile, Australian stocks and China’s Shanghai Composite experienced minor declines. The overall sentiment in the region was influenced by ongoing concerns over the US debt ceiling negotiations. Tokyo’s Nikkei closed at 31,086.82, …

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Asian Stock Markets Experience Mixed Performance as Investors Evaluate Economic Data

Asian stock markets delivered a mixed performance as investors carefully assessed economic data and various market factors. Here’s a breakdown of the market movements across different countries: Overall, Asian stock markets displayed a mix of positive and negative movements, reflecting the careful evaluation of economic data and the influence of various factors impacting investor sentiment.