Market News




Market News

Banks' equities surge above pre-crisis levels
Tue, 17 Sep 2013 09:13:08 GMT
 
Stock prices of leading American banks jumped to the highest levels since crisis, while some have already overcome them. JP Morgan Chase, Wells Fargo and Goldman Sachs share prices surged >>
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U.K. government sells stake in Lloyds bank
Tue, 17 Sep 2013 09:02:06 GMT
 
The government of the United Kingdom announced a sale of its stake in the county's biggest mortgage lender Lloyds Banking Group Plc for 3.2 billion pounds. About 6% or 4.28 >>
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Yellen becomes Obama's top Fed candidate
Tue, 17 Sep 2013 08:51:12 GMT
 
After Lawrence Summers' denial to participate in the race for Fed presidency, the Central bank's current vice-president Janet Yellen became the top candidate for taking the seat and become the >>
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RBA may cut rates in future
Tue, 17 Sep 2013 08:40:05 GMT
 
The Reserve bank of Australia's officials said on Tuesday that there still is a possibility of cutting main interest rates, if the economic conditions in the country become worse and >>
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Microsoft changes Bing logo to increase popularity
Tue, 17 Sep 2013 08:21:03 GMT
 
One of the leading technology companies and software developers in the world, Microsoft Corp., is introducing a new Bing searching service logo to raise an overall popularity of it. Nowadays, >>
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Walmart will offer new iPhones with discount
Mon, 16 Sep 2013 13:51:04 GMT
 
The largest retailer in the U.S., Wal-Mart Stores Inc., is going to offer its clients a discount on new iPhones from Apple Inc. New iPhone 5C will be offered for >>
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Intel plans to close factory in U.S.
Mon, 16 Sep 2013 13:26:04 GMT
 
Intel Corp., an American semiconductor manufacturer, announced 1100 job cuts by the end of this year, including closure of a plant in Massachusetts, where 700 jobs are supposed to be >>
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Investors want Yellen to become Fed head
Mon, 16 Sep 2013 12:48:10 GMT
 
According to the CNBC survey, two out of three economists expected Barack Obama to nominee Lawrence Summers as the new Fed chairman. Alongside, five out of six experts wanted Janet >>
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Car sales in U.S. will surge in 2014
Mon, 16 Sep 2013 12:23:04 GMT
 
American car sales are posing for a strong advance, while the car makers can sell about 16.1 million new cars in 2014. Such a positive forecast was given by analysts >>
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U.K. will benefit without financial transaction tax
Mon, 16 Sep 2013 12:12:04 GMT
 
Lawyers of the European Union notice that the United Kingdom will obviously benefit from the refusal of imposing a tax on financial transactions. This decision will allow the U.K. to >>
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Investors see Fed rates going up in 2014
Mon, 16 Sep 2013 11:50:03 GMT
 
Many bond investors predict that the Federal Reserve will not keep its interest rates on the current low level until 2015, as volatility on bond market rises, while the U.S. >>
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Oil declines as Syria pressure decreases
Mon, 16 Sep 2013 11:39:03 GMT
 
Prices for WTI oil fall on Monday amid dropping pressure from Syria, as the U.S. agreed a plan with Russia to confiscate Syrian chemical weapons. It seems that oil supply >>
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Indian currency advances on Fed news
Mon, 16 Sep 2013 11:28:05 GMT
 
Indian national currency increased in value versus dollar on Monday, as markets positively reacted on Lawrence Summers' announcement of being out of race for Fed's chairman seat. Moreover, the country's >>
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U.S. companies' inventories jump above expectations
Fri, 13 Sep 2013 15:05:08 GMT
 
Despite worries on the Federal Reserve's future decision about stimulus tapering, U.S. companies stockpiles inched up for the third time this year. Inventories of U.S. businesses rallied 0.4% in July, overshooting analysts' expectations of >>
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Canada's Dollar drops with Fed tapering in focus
Fri, 13 Sep 2013 14:44:04 GMT
 
The Canada's Dollar declined for the second day amid speculation the Federal Reserve may begin to start stimulus tapering next week, which is expected to send the U.S. Dollar lower. >>
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