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Gold Edges Lower, Copper Slides On Disappointing Chinese Data0
- Uncategorized
- May 31, 2023
Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while copper prices slid after data offered more signals of a slowing economic rebound in China. Copper futures sank 0.7% to $3.6338 a pound, and were set to lose about 6% in May as data showed
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Asian Stocks Dip, Chinese Shares Hit 5-Mth Low As U.S. Ties Worsen0
- Uncategorized
- May 30, 2023
Most Asian stocks retreated on Tuesday as optimism over a deal to raise the U.S. debt ceiling was offset by fears of worsening ties between Beijing and Washington, amid renewed sparring between the two over trade and political sanctions. Chinese stocks were the worst performers for the day, with the Shanghai Shenzhen CSI 300 and
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Asian Stocks Rise, Nikkei At 33-Year High On Debt Ceiling Optimism0
- Uncategorized
- May 29, 2023
Most Asian stocks rose on Monday as markets cheered a tentative deal between U.S. lawmakers to hike the debt ceiling and avert a default, with Japan’s Nikkei racing back to near 33-year highs on improved risk appetite. The Nikkei 225 was the best performer in Asian markets, up 1.4% to its highest level since July
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Economic Development In Asia Still Faces Many Challenges, China Minister Says0
- Uncategorized
- May 27, 2023
Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Went said. Wang made the comments at the Asia-Pacific Economic Cooperation (APEC) conference in Detroit, where he met with several leaders and exchanged views on multilateral and bilateral economic and trade issues amid wider global trade rifts and
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