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Gasoline Hovers Near 1½-Year Peak
Gasoline prices held near $2.45 per gallon, hovering around their highest level since July 2024, as markets weighed US plans to insure tankers transiting the Strait of Hormuz against persistent...
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Australia 10Y Yield Eases Despite Strong GDP Data
Australia’s 10-year government bond yield declined to 4.73%, pulling back from a more-than-one-week high, even after a stronger-than-expected GDP release. The economy expanded by 0.8% in the December quarter, beating...
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Taiwanese Dollar Falls to 11-Month Low
The Taiwanese dollar weakened beyond 31.7 per US dollar in early March, its lowest level since May 2025, as heavy foreign selling of local equities intensified pressure on the currency...
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Hong Kong Stocks Tumble to Near 11-Week Low
Hong Kong equities slumped 662 points, or 2.6%, to 25,098 in Wednesday morning trade, logging a third consecutive decline and moving close to an 11-week low. Sentiment was hit hard...
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US 10Y Yield Holds Advance on Inflation Worries
The yield on the US 10-year Treasury note hovered around 4.06% on Wednesday after rising for two straight sessions, as mounting worries that a protracted conflict in the Middle East...
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Australian Dollar Nears 1-Month Low
The Australian dollar weakened to around $0.700 on Wednesday, a four-week low, as escalating geopolitical tensions overshadowed stronger-than-expected domestic GDP data. Official figures showed the Australian economy grew 0.8%...
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Korean Won Pauses Slide After Hitting 1,500
The South Korean won stabilized around 1,477 per dollar, pausing a sharp selloff that had pushed it to a 17-year low, as authorities tightened oversight of currency markets amid rising...
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China Stocks Slip Amid Mixed PMI Data
The Shanghai Composite Index declined 0.9% to below 4,090, while the Shenzhen Component slipped 0.2% to 13,995 on Wednesday, extending the previous session’s losses as investors digested mixed PMI readings...
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Offshore Yuan Remains Under Pressure
The offshore yuan weakened beyond 6.92 per dollar on Wednesday, its fourth straight session of losses, as a stronger US dollar continued to exert pressure on the currency. The greenback...
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China Services Growth at Near 3-Year High
The RatingDog China General Services PMI jumped to 56.7 in February 2026 from 52.3 in January, marking the highest reading since May 2023. New orders expanded at their fastest pace...
