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Middle East Weighs On The Middle Kingdom - China Last Night

Summary by chinalastnight.com
Key News Asian equities, despite US involvement/escalation concerns in the Middle East, were mixed, led higher by Japan, Taiwan, and surging South Korea, while Hong Kong, Thailand, and Pakistan underperformed. The US dollar finally showed its reserve currency status outperforming most Asian currencies except for the Yen and Singapore dollar. It was an interesting divergence in the region as Hong Kong growth stocks underperformed for the second d…
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The Asian exchanges closed unanimity on this Thursday (18), as the conflict between Israel and Iran limited the appetite by risk and with investors waiting for the Federal Reserve monetary policy announcement (Fed, the central bank of the United States). Japan's Nikkei index rose 0.90% in Tokyo, at 38.885.15 points, while South Korean Kospi advanced 0.74% in Seoul, 2.972.19 points, and Taiix recorded 0.65% winning in Taiwan, 22.356,73 points. On…

·Brazil
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Central Asian stock markets were mixed in today's trading as investors remained concerned about escalating tensions in the Middle East. A drop in US industrial production in May raised fresh concerns about the health of the world's largest economy, reports the French news agency AFP.

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Globo broke the news in Brazil on Tuesday, June 17, 2025.
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