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Exclusive - Bigg Boss 14 s Nikki Tamboli: I am single right now and not dating Jaan Kumar Sanu; he s not my type
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Asian shares wobble ahead of Fed meet outcome, earnings
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Last Updated: Apr 27, 2021, 07:37 AM IST
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TOKYO: Asian shares fell and U.S. stock futures were steady on Tuesday as caution ahead of a U.S. Federal Reserve meeting and a slew of corporate earnings offset growing optimism about the global economic recovery from the COVID-19 blow.
MSCI s broadest index of Asia-Pacific shares outside Japan eased 0.14%. Australian stocks dropped 0.51%, but shares in China were little changed. Stocks in Tokyo edged 0.11% lower.
S&P 500 e-mini stock futures rose 0.07%.
Oil rebounded in Asian trading after major oil producers stood by their demand forecasts, but there are still downside risks due to surging COVID-19 cases in India, the world s third-biggest oil importer.
Asian shares at 6-week highs; all eyes on Fed, US GDP
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Last Updated: Apr 26, 2021, 12:58 PM IST
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China s blue-chip CSI 300 index fell 0.7% after hitting its highest level since April 6 earlier in the day. Australia s benchmark share index was off 0.2% with a public holiday in five of the country s eight states and territories.
AP
South Korea s KOSPI share index rose 0.7% while New Zealand shares added 0.6% and Japan s Nikkei reversed early losses to be up 0.4%.
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SYDNEY: Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising COVID-19 cases in the region weighed on sentiment, pushing oil prices lower.
ASEAN catches China s tailwind for GDP growth: Media chinadaily.com.cn | Updated: 2021-04-23 11:15 The container terminal in Shantou, Guangdong province. [Photo/CHINA DAILY]
China s significant rebound from the COVID-19 pandemic has turned out to be a key external factor to boost the economic growth of Southeast Asian countries, as most of them are entrenched in Chinese supply chains, media outlet Nikkei Asia reported Monday.
According to official statistics, China reported a 18.3 percent year-on-year GDP increase in the first quarter this year, versus the 6.8 percent contraction seen in the same period of 2020.
The country accounted for 14.2 percent of ASEAN exports in 2019, while US was at 12.9 percent and the European Union at 10.8 percent.