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Asian stocks drop after last Federal Reserve meeting
Thu, 21 Nov 2013 09:36:22 GMT
 
The Asian stocks extends to three-day loosing streak, after Federal Reserve meeting pointed that they might reduce bond purchase while the China's manufacturing activity dropped. The MSCI Asia Pacific Index >>
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South Africa exhausted monetary policy options to boost growth
Thu, 21 Nov 2013 08:20:12 GMT
 
The Reserve Bank of South Africa remained with limited number of monetary policy tools to support the economic growth in country, as the declining currency raised inflation pressure. The rand >>
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Singapore raises growth forecast amid stronger expansion in Q3
Thu, 21 Nov 2013 08:09:08 GMT
 
Singapore officials raised the growth forecasts for the current and next years, as the economy advanced faster than expected in July-September quarter. The new forecasts predict a 3.5-4% growth in >>
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Credit card spending in New Zealand declines in October
Thu, 21 Nov 2013 06:40:06 GMT
 
Spending with credit cards in New Zealand decreased for the second month in a row in October of the current year. The overall credit card spending lost 0.8% from September >>
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Activity growth in Chinese manufacturing declined in November
Thu, 21 Nov 2013 06:29:05 GMT
 
Activity in Chinese manufacturing continued to grow in November of this year, however, the pace of increase slowed slightly. The benchmark PMI Index from the HSBC bank, which measures the >>
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U.S. crude oil inventories increased last week
Thu, 21 Nov 2013 06:18:06 GMT
 
Inventories of crude oil in the U.S. jumped 0.4 million barrels during the previous week, reaching 388.50 million barrels, while economists expected them to lose 0.2 million barrels. Therefore, oil >>
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Swiss economic expectations surge amid EU recovery
Wed, 20 Nov 2013 12:13:06 GMT
 
Economic expectations in Switzerland jumped to its highest level since May 2010, as the economic recovery in the Eurozone is gaining strength. The ZEW indicator reached 31.6 points this month >>
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Nokia shareholders agreed to sell mobile phone division
Wed, 20 Nov 2013 12:02:13 GMT
 
Nokia Corp. shareholders agreed to sell the mobile phone making division to Microsoft Corp. for 5.44 billion euro, as the Finnish company had significant problems to get any profit from >>
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BoE sees no serious inflation risks in U.K.
Wed, 20 Nov 2013 11:51:06 GMT
 
According to the Bank of England minutes for the meeting of November 6-7, the MPC members unanimously decided to keep the main interest rate on the record-low level of 0.5%. >>
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All-industry activity advances in Japan
Wed, 20 Nov 2013 11:40:04 GMT
 
Economic activity in almost all the main sectors of Japanese economy grew in September of the current year, matching the experts' expectations. The indicator rose 0.4% from the previous month, >>
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Japanese trade deficit narrows less than expected
Wed, 20 Nov 2013 11:29:04 GMT
 
Trade deficit in Japan decreased to 1.09 trillion yen during the last month, however, economists predicted the gap to narrow, reaching 0.88 trillion yen versus a 1.13 trillion deficit in >>
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Yen rises as Asian and European markets fall
Wed, 20 Nov 2013 11:18:10 GMT
 
The Japanese currency increased on Wednesday strengthening against all of its 16 most-traded peers as drops in European and Asian markets spurred demand for haven assets and as Bernanke signaled >>
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Loonie falls as crude oil drops to 5-month low
Wed, 20 Nov 2013 11:07:15 GMT
 
The Canadian currency dropped on Wednesday falling against the majority of its most-traded counterparts after a report showed that the country's largest export commodity, crude oil, slipped to the lowest >>
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WTI and Brent crude gain as U.S. supplies drop
Wed, 20 Nov 2013 10:56:14 GMT
 
West Texas Intermediate oil advanced on Wednesday rising for the second straight session on speculation that fuel supplies in the world's largest consumer of the commodity dropped and Fed may >>
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European shares slip before Fed's meeting and retail sales report
Wed, 20 Nov 2013 10:45:04 GMT
 
The majority of European stocks dropped on Wednesday before a government report showing that retail sales added 0.1% in October and as housing and health-care gauges indicate an overall health >>
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