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Stock Market News Stories

AirAsia has had $1 billion takeover offer for leasing unit: report

AirAsia Group CEO Tony Fernandes speaks during a group news conference in Tokyo July 1, 2014. Reuters/Issei Kato Asia’s largest budget airline AirAsia Bhd (AIRA.KL) has received a $1 billion offer for its aircraft leasing unit, Bloomberg News quoted Chief … Continue reading

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Fed’s Bullard says global markets seem well-prepared for summer rate hike

St. Louis Federal Reserve President James Bullard speaks at a public lecture on ”Slow Normalization or No Normalization” in Singapore May 26, 2016. Reuters/Edgar Su St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be … Continue reading

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Japan weak retail sales bolsters tax hike delay plan

A shop clerk (2nd R) carries a box of shoes under sale signboards at a shoes retail store at a shopping district in Tokyo, Japan, April 28, 2015 file photo. Reuters/Yuya Shino/Files Japanese retail sales fell in April for the … Continue reading

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Asia shares slip, dollar firm after Yellen’s hike remarks

Visitors looks at an electronic board showing the Japan’s Nikkei average at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 9, 2016. Reuters/Issei Kato Asian shares edged down on Monday and the dollar marked fresh highs after Federal Reserve … Continue reading

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Noble Group says CEO resigns, sells U.S. energy unit

Noble Groups Chief Executive Officer Yusuf Alireza speaks during a news conference after meeting with investors in Singapore August 17, 2015. Reuters/Edgar Su Noble Group (NOBG.SI), which has been battling to boost investor confidence after an accounting dispute and weak … Continue reading

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Australia shares seen extending gains, NZ shares steady in early trade

A security guard looks out from a window of the Australian Securities Exchange (ASX) with a board displaying stock prices behind him in Sydney, Australia, May 26, 2016. REUTERS/Steven Saphore More SYDNEY (Reuters) – Australian shares are seen extending gains … Continue reading

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New credit card scrutiny sends Indonesians back to cash

Indonesia’s plan to track all credit card transactions in a bid to crack down on rampant tax evasion is pushing people back to cash, stifling government efforts to track illicit money flows. A new government decree requiring credit card providers … Continue reading

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China bets on duty-free paradise to keep luxury spenders at home

China’s efforts to lift local consumption, spur domestic tourism and keep within its borders citizens that splurge in Milan or Seoul have spawned a duty-free paradise on the southern island of Hainan that it hopes will satisfy a lust for … Continue reading

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Suncor Energy says resuming operations after Canada wildfire

Steve Williams (C), president and CEO of Suncor Energy, speaks during a news conference about the Fort McMurray wildfires with Alberta Premier Rachel Notley (2nd R) and Tim McMillan (2nd L), president and CEO of Canadian Association of Petroleum Producers … Continue reading

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ConAgra Foods stock seen rising 30 percent: Barron’s

ConAgra Foods production facility is seen in Oakdale, California, December 18, 2015. ConAgra Foods is expected to report Q2 earnings on December 22, 2015. Reuters/Fred Greaves – RTX24PZY ConAgra Foods’ stock (CAG.N) could climb up to 30 percent in the … Continue reading

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