Market News




Market News

U.S. government bargains for shutdown at midnight
Mon, 30 Sep 2013 10:02:04 GMT
 
The U.S. government is bracing for a partial shutdown tonight as no consensus between the House and the Senate was reached over the weekends. Around 800,000 employees may stay home >>
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European stocks tumble led by Italy's shares
Mon, 30 Sep 2013 09:51:03 GMT
 
European shares shrank on Monday led by the biggest Italian banks, UniCredit SpA and Intesa Sanpaolo SpA, and the country's benchmark index as the Italy's Prime Minister fought to maintain >>
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China's manufacturing activity gains less than forecast
Mon, 30 Sep 2013 09:40:03 GMT
 
Manufacturing activity in the world's second largest economy advanced less than economists originally projected in the month of September, a survey released by the HSBC and Markit Economics published on >>
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Gold rises as U.S. government may shut down
Mon, 30 Sep 2013 09:29:03 GMT
 
Gold increased on earlier on Monday session to its highest level in more than seven days as it headed for the first quarterly gain since September 2012 amid speculation that >>
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Global shares slip before potential U.S. government shutdown
Mon, 30 Sep 2013 09:18:03 GMT
 
Global stocks declined on Monday's session extending their losses after falling from the highest level in five years, while the U.S. Treasuries and the Japanese currency gained as the U.S. >>
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China's stocks gain before nation's holiday
Mon, 30 Sep 2013 09:07:04 GMT
 
Chinese shares rose on Monday finishing the best quarter in a three-year period mainly due to an increase of consumer discretionary and technology companies before the markets closed for the >>
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Spain is going to apply minimum pension cuts suggested by experts
Mon, 30 Sep 2013 08:56:03 GMT
 
The government will cut the pension deficit by 25% per year starting with 2019 compared to proposed range of 25-33% reductions beginning with 2014-2019. By 2016, Spain must decrease budget >>
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German economy gathers pace amid increase in retail sales
Mon, 30 Sep 2013 08:33:03 GMT
 
German economy was buoyed by solid retail sales that gained 0.3% year-on-year in August and 0.5% compared to July, belying expectations of a monthly increase of 0.8% . Meanwhile, the >>
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German inflation stays flat
Fri, 27 Sep 2013 14:35:05 GMT
 
German inflation remained flat at the three-month low in September, adding to the case that nation's economy is getting better. Inflation rate was 1.6% and that matched economists' forecasts, also >>
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Eurozone's sentiment rises
Fri, 27 Sep 2013 14:18:04 GMT
 
Economic sentiment in the Euro bloc rose beating economists' expectations in September, indicating that Euro area is recovering from financial crisis. Executive and consumer confidence index increased for a fifth >>
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Pound gains amid Carney remarks on quantitative easing
Fri, 27 Sep 2013 11:38:04 GMT
 
The pound advanced versus the greenback to $1.6133 Friday morning after the Bank of England Governor stated that increase in bond-buying policy is unnecessary as economic conditions are strengthening. Mark >>
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Gold swings as investors speculate on tapering
Fri, 27 Sep 2013 11:27:04 GMT
 
Gold fluctuated between gains and declines as investors speculated that the Fed might consider starting tapering after U.S. unemployment claims dropped surprisingly. The yellow metal price was little changed at >>
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Switzerland's shares are little changed
Fri, 27 Sep 2013 11:12:03 GMT
 
Shares in Switzerland were little changed, with the Swiss Market Index set for a one-week retreat, as Eurozone's economic confidence data were awaited by investors. The Swiss Market Index dropped >>
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Asian shares headed for monthly advance
Fri, 27 Sep 2013 11:01:05 GMT
 
Asian shares are set for the biggest monthly climb in three years after U.S. unemployment claims dropped surprisingly and Japan's inflation picked up the most since 2008. The MSCI Asia >>
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Europe can become global growth locomotive
Fri, 27 Sep 2013 10:50:04 GMT
 
Barclays Plc bank experts point out that Europe's recovery can boost global economic growth, as the research has shown that a 1% advance in European economy make 33 out of >>
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