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Japan stocks lower at close of trade; Nikkei 225 down 1.65%

Investing.com – Japan stocks were lower after the close on Monday, as losses in the Shipbuilding, Precision Instruments and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 1.65%. The best performers of the session…

Primo Brands: BMO initiates at Outperfrom, sees strong earnings

Investing.com– BMO initiated coverage of Primo Brands (NYSE:PRMB) with an Outperform rating and a strong price target, calling the stock an attractive pick on its large market share of water brands in the U.S. BMO rated the stock at Outperform…

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.33%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Computers & Peripherals, Oil, Gas & Electricity and Semiconductor sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.33%. The best…

Morning Bid: Canadian dollar calm as Trudeau heads for the exits

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Markets have mostly been on a random walk in Asia, punctuated by reports embattled Canadian Prime Minister Justin Trudeau might announce his resignation as…

China scrambles to shore up sliding yuan and stock markets

By Samuel Shen and Ankur Banerjee SHANGHAI/SINGAPORE (Reuters) – China’s stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump’s return to the White House…

Hong Kong budget deficit to be just under HK$100 billion, financial chief says

HONG KONG (Reuters) – Hong Kong’s deficit for this fiscal year is expected to be just below HK$100 billion ($13 billion), the city’s finance chief said on Saturday. The government is “focussing on cost-saving measures” to tackle the deficit, Paul…