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asia markets poised for decline as south korea narrowly avoids recession

Asia markets are poised to open lower following declines on Wall Street, with South Korea narrowly avoiding a technical recession as its GDP grew 0.1% in Q3. The country has announced a financial support program of 75.9 trillion won to aid businesses affected by high interest rates. Meanwhile, U.S. crude oil prices fell over 1% due to a significant increase in stockpiles, reflecting a cautious economic outlook amid rising consumer price sensitivity.
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United States Dollar Wells Fargo & Company Bloomberg Energy Information Administration Kpler Inc. JPN KOR AUS USA HKG Darrell Cronk Anthony Prieto Brian Evans Pia Singh Matt Smith Show more
Finance & Economy, Market Report
01:45 24.10.2024
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