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Asian stocks mostly down after mixed session on Wall Street
Asian stocks mostly down after mixed session on Wall Street
Business and Economy
by  AFP

Asian stocks were mostly down on Tuesday following a mixed session on Wall Street, with investors still casting about for direction at the start of a week of major announcements. South Korea on Tuesday announced better-than-expected economic growth of 0.3 percent for the first quarter of the year, dodging a technical recession.

Investors look for strength in UBS results
Investors look for strength in UBS results
Business and Economy
by  AFP

UBS is expected to post solid first quarter results Tuesday, with all eyes on whether the bank is strong enough to carry through its forced alliance with stricken rival Credit Suisse. US banks have set the tone, with Citigroup, Wells Fargo and Bank of America having already posted better-than-expected results, as interest rates boosted their incomes.