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Asia stocks consolidate after touching decade highs, dollar steady

TOKYO (Reuters) – Asian stocks edged down on Thursday, consolidating after touching their highest in a decade, while the dollar held steady before the U.S. inflation report for August is published. Financial markets will also be on tenterhooks ahead of a run of data from China due at 0200 GMT, including factory output, fixed asset investment and retail sales, that ...

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China to blacklist firms violating overseas investment rules: China Daily

© Reuters. China to blacklist firms violating overseas investment rules: China Daily SHANGHAI (Reuters) – China will blacklist entities which violate tougher new rules about investing overseas, part of a wider crackdown on risky investments outside China’s borders, the state-run China Daily newspaper said on Thursday, citing a senior official. Zhang Huanteng, an official at state plan… Stock Market News

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This is Normal? Dow Gains 39 Points, Hits New All-Time High

Stocks barely moved today but that didn’t stop all three major indexes from closing at new all-time highs for a second day in a row. The S&P 500 ticked up 0.1% to 2498.37 today, while the Dow Jones Industrial Average rose 39.32 points, or 0.2%, to 22,158.18. The Nasdaq Composite advanced 0.1% to 6460.19. All three indexes closed… Stocks to ...

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Saudis prepare for possible delay to Aramco IPO: Bloomberg

© Reuters. FILE PHOTO: A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016 in Manama (Reuters) – Saudi Arabia is preparing contingency plans for a possible delay to the planned initial public share offering of Saudi Aramco by a few months into 2019, Bloomberg reported on Wednesday, citing people famil… Stock Market ...

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UK's Addison Lee takes premium car service brand to New York

© Reuters. UK’s Addison Lee takes premium car service brand to New York LONDON (Reuters) – London-based premium car service Addison Lee has picked New York as the first overseas market where corporate customers will be able to book its branded vehicles, taking on the likes of Uber. Addison Lee, a familiar sight on London streets where it provides up ...

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Wall Street hits record high – without help from Apple

NEW YORK (Reuters) – Wall Street edged up to a record high on Wednesday as gains in consumer discretionary and energy stocks offset losses in technology heavyweight Apple Inc. Shares of Apple (AAPL.O) dropped 0.8 percent on concerns that the company’s newly launched iPhone X is too expensive and because its availability starting in November was later than expected. With ...

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Deutsche Boerse seeks to close insider trading case by paying fine

© Reuters. Kengeter, CEO of Deutsche Boerse attends the initial public offering of Scale at the Frankfurt stock exchange in Frankfurt, BERLIN (Reuters) – Deutsche Boerse (DE:) said it has agreed to pay hefty fines for its role in allowing its chief executive to make share purchases which became the subject of insider trading allegations… Stock Market News

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Wall Street drifts as Apple slides, energy gains

NEW YORK (Reuters) – U.S. stocks were little changed on Wednesday as Apple-led losses in tech stocks were offset by gains in consumer discretionary and energy stocks, which helped the S&P 500 inch up to a record intraday high. Apple (AAPL.O) dropped 1.1 percent to $ 159.15 on concerns about the newly-launched iPhone X’s hefty price tag and its later-than-expected ...

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