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Iraq Bulletin

Tag : Asia markets

Business

Nikkei falls as caution returns to Tokyo stocks

iraqbulletin.co
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The Nikkei 225 closed down 0.73% at 55,895.32, while the broader Topix lost 0.9% to 3,741.47.......
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

iraqbulletin.co
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while assessing developments in......
Business

Global stocks surge as US debt ceiling agreement brings relief

iraqbulletin.co
Global stocks and oil prices surged on Monday as investors cautiously welcomed news of an agreement that could prevent a catastrophic default on US debt. Germany’s DAX and France’s CAC 40 showed early gains of 0.3% and 0.2%, respectively. In Asia, Japan’s Nikkei 225 reached a 33-year high, rising nearly......