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Overnight Markets: Wall Street ends lower on jobs data
by Himanshu Singh on Feb 06, 2014 at 03:34
Tableau Software (DATA.N) shares surged 12.8% after the data analysis software maker forecast better-than-expected revenue for this quarter and results handily beat analysts' estimates.
In Asia, shares gained on Thursday in late morning trade after investors weighed the data showing service-industries growth in US against the private jobs report that missed estimates.
The MSCI Asia Pacific Index added 0.4% to 132 as of 10:34 a.m. in Hong Kong. Japan’s Topix index gained 0.1%. South Korea’s Kospi index added 0.9% and Hong Kong’s Hang Seng Index advanced 0.6%.
Australia’s S&P/ASX 200 Index rose 0.8% as data showed retail sales rose 0.5% in December from a month earlier and the nation unexpectedly posted a trade surplus.
Markets in New Zealand and China are closed for holidays.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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by James Phillipps on Jul 29, 2014 at 07:55