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Asian stocks up on strong US data; China shares take a breather

Published Wed, Dec 24, 2014 · 09:50 PM

Singapore

ASIAN stocks climbed with metals on Wednesday after data showed the US economy grew at the fastest pace since 2003 last quarter. China shares fell on speculation regulators will cool the world's best-performing market of the past month.

The MSCI Asia Pacific Index advanced 0.6 per cent by 12:18 pm in Tokyo, with the Topix index rising 0.9 per cent. The Shanghai Composite index slumped 2.2 per cent. Futures on the Dow Jones Industrial Average were up…

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Companies & Markets

Companies & Markets

Asian stocks up on strong US data; China shares take a breather

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Valuations for office Reits lag counterparts, but re-rating may face uncertainty

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