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Month: October 2021

Asian stocks fall after Australia inflation accelerates

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are lower after Australia reported unexpectedly strong inflation, highlighting global pressures for prices to rise. Shanghai, Tokyo and Hong Kong retreated. Wall Street’s benchmark S&P 500 index gained 0.2% following solid earnings reports from some major companies. Australia’s government reported its underlying consumer

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Asian stocks fall after Australia inflation accelerates

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are lower after Australia reported unexpectedly strong inflation, highlighting global pressures for prices to rise. Shanghai, Tokyo and Hong Kong retreated. Wall Street’s benchmark S&P 500 index gained 0.2% following solid earnings reports from some major companies. Australia’s government reported its underlying consumer

Continue Reading