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Asian stock markets closed volatile as investors remain concerned about the prospect of a recession

—– The Nikkei in Tokyo closed lower as investors feared the U.S. economy could fall into recession. The U.S. Federal Reserve (Fed) plans to continue raising interest rates despite the fact that GDP for the first quarter is likely to decline. The biggest losers were Dainippon Screen Mfg. down -5.37%, Taiyo Yuden down -4.65% and …

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Asian equity markets closed lower in line with U.S. equity markets following weak economic data

—– Nikkei in Tokyo closed in the red for the first time after four consecutive days of gains, after the U.S. consumer confidence index fell sharply. The biggest losers were Nippon Electric Glass-4.31%, AGC-4.17%, and Nippon Express-3.77%. Tokyo Electric Power Co Inc (+5.27%), SKY Perfect JSAT Holdings Inc (+3.64%), and Japan Steel Works (+3.03%) were …

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Asian stock markets closed higher on strong buying despite concerns over economic slowdown

—– The Nikkei in Tokyo closed on a high note. The decisive factor was the rebounding U.S. futures market. The biggest gainers were Ajinomoto Co, Inc.+6.47%, Kao Corp.+5.50%, and Shionogi+4.98%. Losers were led by Mitsubishi Motors Corp (-8.61%), IHI Corp (-5.30%), and T&D Holdings Inc (-3.39%). The Nikkei Index closed at 26,491.97, up 320.72, or …

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Asian stock markets closed positive after adjusting to Fed rate hike

—– The Nikkei in Tokyo closed slightly higher as it was positively influenced by a rise in transportation stocks on hopes of an increase in travel demand in Japan. The biggest gainers were Tokyo Marine Holdings, Inc+2.61%, Nippon Sheet Glass+2.60% and Sapporo Holdings+2.60%. The biggest losers were Sumitomo Metal Mining-6.00%, Shionogi-5.57% and Hitachi Construction Machinery …

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Asian stock markets closed in negative territory – inflation concerns may drive up interest rates

—– The Nikkei index in Tokyo turned negative, while the U.S. futures markets fell. Investors took profits after the Nikkei index closed strong yesterday. The losers were Sojitz Corp -6.09%, Mitsubishi Corp -6.02%, and Inpex Corp -3.94%. The gainers were Mitsubishi Motors Corp. +7.11%, Yokohama Rubber+5.08%, and Mazda Motor+4.05%. The Nikkei Index closed at 26,149.55, …

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Asian stock markets closed higher after recent declines

—– The Nikkei in Tokyo closed higher after hitting a five-week low yesterday. The winners were Showa Denko K.K.+6.55%, CyberAgent Inc+6.29%, Rakuten Inc+5.48%. The losers were Nichirei Corp -1.59%, KDDI Corp -0.72%, Osaka Gas-0.62%. The Nikkei Index closed at 26,246.31, up 475.09, or +1.84%. —– Australia’s S&P/ASX 200 closed higher after the Reserve Bank of …

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