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Sequester dragged on economic growth
Fri, 31 May 2013 06:45:12 GMT
 
A drop in government spending and tax hikes dragged more on the world's largest economy than initially thought in the first quarter of 2013, a sign of increasing pain from >>
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EU eased pace of austerity for six countries
Fri, 31 May 2013 06:34:04 GMT
 
European Union authorities decided to soften its demands for austerity measures, providing six members with more time to curb budget deficit back to the target level.  >>
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Australian construction work fell in Q1
Thu, 30 May 2013 06:03:04 GMT
 
Australian construction sector took another hit in the quarter of 2013, even with borrowing costs close to record lows. >>
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Carney left rates unchanged
Thu, 30 May 2013 05:52:02 GMT
 
During his monthly policy meeting as a Governor of the Bank of Canada Mark Carney kept the main interest rate unchanged and noticed that tighter policy may be needed soon >>
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U.K. retail sales fell most in 16 months
Thu, 30 May 2013 05:41:03 GMT
 
Sales at Britain's retailers dropped the most in 16 months, due to weak demand for food and drink, according to an index compiled by the Confederation of British Industry. >>
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U.S mortgage rates rocketed amid QE fears
Thu, 30 May 2013 05:30:04 GMT
 
Concerns that the Federal Reserve may soon slow down the pace of its stimulus programme sent mortgage rates to the highest level in a year. >>
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German unemployment and consumer prices increased
Thu, 30 May 2013 05:07:08 GMT
 
The number of unemployed people in Europe's largest economy increased more than four times as much as economists estimated this month, as long winter and further deterioration in the neighbouring >>
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Swiss trade surplus narrowed, employment rose
Wed, 29 May 2013 06:24:05 GMT
 
A cluster of economic data from Switzerland has emerged on Tuesday, sending mixed signals, as the nation's trade surplus narrowed, while the labour market improved. >>
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Retail trade improves, Kuroda calls for setting capital controls
Wed, 29 May 2013 06:13:04 GMT
 
Japan's retail sales eased to seasonally adjusted annual rate of –0.1% in April, indicating a noticeable improvement in retail trade amid the aggressive stimulus plan by the Japanese top officials, >>
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U.K. banks to cut 189,000 jobs
Wed, 29 May 2013 06:02:06 GMT
 
Britain's four largest banks are going to eliminate around 189,000 jobs by the end of this year, bringing employment level to a nine-year low due to a dearth of revenue, >>
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U.S consumer confidence reached 5-year high
Wed, 29 May 2013 05:51:04 GMT
 
Confidence among consumers in the world's largest economy jumped more than initially was expected in May, reaching a five-year high, lifted by an increased optimism for hiring and business conditions. >>
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Spain seeks reprieve as recession deepens
Wed, 29 May 2013 05:40:03 GMT
 
Spanish government led by the Prime Minister Mariano Rajoy failed to reach an agreement on more flexible means of how to reach the budget-deficit target of the regions. >>
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SNB deposits up last week
Tue, 28 May 2013 07:03:04 GMT
 
The amount of cash held by the nation's commercial banks and the central bank inched higher last week, adding to signs that investors are getting less anxious over the Eurozone's >>
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Japan's CSPI unexpectedly fell in April
Tue, 28 May 2013 06:52:05 GMT
 
Japan's corporate service price index unexpectedly declined last month, according to official data Tuesday. >>
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U.K. home prices surged on strong demand
Tue, 28 May 2013 06:41:05 GMT
 
House prices in the U.K. surged most in six years in May, as a shortage of properties boosted values in London, due to a very strong demand, a survey conducted >>
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