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Asia Pacific Markets, Trade Data, Bank of Japan

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Hyundai reports stellar earnings in the fourth quarter Hyundai Motor recorded net income 1.710 trillion won ($1.4 billion) for the fourth quarter ending in December, registering a 143.8% year-on-year increase. Despite the excellent results, the reading was still shy of Refinitiv’s forecast for a net profit of 2.5 trillion won. The figure also indicates growth … Read more

Trade mixed in Asia Pacific markets as the region kicks off in 2023

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India’s cement stocks have performed well in government infrastructure spending, says IIFL Securities Sanjiv Bhasin, director at investment management firm IIFL Securities, said domestic cement stocks in India are set to rise as government spending on infrastructure increases. Government spending on both commercial and real estate, and [developments on] Infrastructure will see cement companies perform … Read more