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Asian Markets Mostly Lower

Asian Markets Mostly Lower
CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Friday, tracking the mixed cues overnight from Wall Street and following the recent strong gains leading up to U.S. President Joe Biden s inauguration. Optimism about ramped up efforts to combat the coronavirus and more stimulus under the new Biden administration have helped to prop up the markets in recent days.
The Australian market is declining after three days of gains and following the mixed cues from Wall Street. Investors also turned cautious as they digested mixed Australian economic data.
The benchmark S&P/ASX 200 Index is losing 10.60 points or 0.16 percent to 6,813.10, after touching a low of 6,809.00. The broader All Ordinaries Index is lower by 12.40 points or 0.17 percent to 7,094.70. The Australian market closed at an eleven-month high on Thursday. ....

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Asian Markets Mostly Higher Ahead Of Biden Inauguration

Asian Markets Mostly Higher Ahead Of Biden Inauguration
CANBERA (dpa-AFX) - Asian stock markets are mostly higher on Wednesday following the positive cues overnight from Wall Street. Investors remained optimistic about additional stimulus and a faster rollout of coronavirus vaccines under incoming U.S. President Joe Biden, who will be sworn into office later today.
Treasury Secretary nominee Janet Yellen has also called for additional stimulus to address the impact of the ongoing coronavirus pandemic.
The Australian market is extending gains from the previous session following the positive cues from Wall Street. Expectations that COVID-19 restrictions will soon be eased in New South Wales and Queensland also boosted sentiment. ....

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U.S. Stocks Pull Back Off Early Highs But Remain Mostly Positive

WASHINGTON (dpa-AFX) - After showing a strong move to the upside at the start of trading on Tuesday, stocks have given back some ground over the course of the morning. The major averages have ....

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Asian Markets Mostly Higher

Asian Markets Mostly Higher
CANBERA (dpa-AFX) - Asian stock markets are mostly higher on Tuesday despite the absence of fresh cues from Wall Street, which was closed overnight for a holiday. Investors remained optimistic that economic growth in China will help support growth in the Asian region. Data released on Monday showed that China s economy gained further momentum towards the end of 2020.
Investors now look ahead to comments from U.S. Treasury Secretary nominee Janet Yellen on U.S. stimulus at the Senate confirmation hearing later today, with her prepared remarks calling on the federal government to act big .
The Australian market is rebounding following losses in the previous session, as investors digested production results from mining giant Rio Tinto. ....

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Rawene Rd closed in the Far North as helicopters and fire crews battle blaze

Rawene Rd closed as helicopters and fire crews battle large wildfire ....

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