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Our greatest glory is not in never falling, but in rising every time we fall. - Confucius -

  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2020/02/18

Asia Stocks, U.S. Futures Drop After Apple Warning: Markets Wrap

Asian stocks fell with U.S. futures and bond yields after Apple Inc. said quarterly sales would miss forecasts, illustrating the blow to corporate earnings and economic growth from the deadly coronavirus. Equities in Tokyo and Seoul led Asian benchmarks lower. Sydney and Shanghai saw more modest declines. Apple suppliers including TDK Corp. and Tokyo Electron Ltd. slumped after the iPhone maker warned on both production and sales disruptions due to the epidemic. Ten-year Treasury yields fell as trading restarted following a U.S. holiday Monday. Australia’s dollar dropped after the central bank said it had discussed cutting interest rates two weeks ago.- Bloomberg



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