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Stock Market News
BusinessBloombergAsian Tech Stocks Gain, Yen Drops on BOJ Rate Hold: Markets Wrap
(Bloomberg) -- Asian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityPlunging Home Prices, Fleeing Companies: Austin
BusinessReutersVietnam delays launch of new stock trading system
Vietnam will delay the launch of the much-expected new stock trading system initially slated for next week, its State Securities Commission (SSC) said. The debut, which had been planned for May 2, has been pushed back due to regulatory roadblocks and the unreadiness to connect to the new system to provide trading services to investors from securities firms, the State Securities Commission (SSC) said in a document dated April 25. Vietnam's main Ho Chi Minh City exchange also failed to report the launch plan to the finance ministry and get needed approvals for information security, according to the document, without elaborating on a new timeframe for the launch.
BusinessBusiness InsiderStock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP
Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and stubbornly high inflation.