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Swiss stocks dropped as U.S. budget talks continue
Mon, 31 Dec 2012 08:33:43 GMT
 
The Swiss stock market ended Friday's session in negative territory amid growing concerns that the U.S. lawmakers will fail to reach a budget agreement by the end of this year. >>
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U.K. post-holiday shopping increased slightly
Mon, 31 Dec 2012 08:22:43 GMT
 
Britons were not so active in making shopping trips for post-holiday bargains on the day after Christmas, as more people were looking for the discounts online. >>
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U.S. pending home sales rose in November
Mon, 31 Dec 2012 08:11:43 GMT
 
Pending home sales in the world's largest economy rose for a third consecutive month in November, a sign nation's property market is on the path to recovery. >>
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French recovery weaker than expected
Mon, 31 Dec 2012 08:00:44 GMT
 
The French economy expanded less than initially was expected, adding to concerns that the recovery may be too weak to help President Francois Hollande's government reduce unemployment, which is currently >>
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Abe sworn in as Japan's Prime Minister
Fri, 28 Dec 2012 09:09:34 GMT
 
On Wednesday, December 26, Shinzo Abe was sworn in as Japan's seventh Prime Minister during the last seven years. >>
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Swiss UBS consumption indicator dropped in November
Fri, 28 Dec 2012 08:52:35 GMT
 
The UBS Swiss consumption indicator fell last month, implying weak domestic demand, the Swiss bank's economists said on Thursday. >>
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U.K. mortgage approvals soared to their highest since January
Fri, 28 Dec 2012 08:41:35 GMT
 
The number of mortgages approved in the U.K. soared to the highest level since January last month, a sign nation's property market is stabilising. >>
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U.S. jobless claims and consumer confidence fell, new home sales increased
Fri, 28 Dec 2012 08:30:35 GMT
 
New applications for the unemployment benefits in the world's biggest economy fell almost to the lowest levels in 2012 last week, adding to evidence that employers have picked up the >>
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Italian business confidence rose more than expected
Fri, 28 Dec 2012 08:19:35 GMT
 
Confidence among Italian manufacturers rose more than was initially predicted this month, as recession eased in the third quarter and the nation's borrowing costs declined. >>
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Shinzo Abe unveiled his cabinet
Thu, 27 Dec 2012 08:50:33 GMT
 
New Japanese Prime Minister Shinzo Abe announced his cabinet on Wednesday, as he begins battling deflation and pushing economic growth. >>
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Two-thirds of the world's gold is refined in Switzerland
Thu, 27 Dec 2012 08:31:36 GMT
 
Switzerland is widely expected to remain world's gold hub, as four of the world's biggest gold refineries are located in Switzerland. >>
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Bank of England to abandon inflation target
Thu, 27 Dec 2012 08:20:32 GMT
 
The Bank of England is widely expected to abandon its 2% inflation target, which has been in place for more than two decades, as the BoE Governor Mark Carney thinks >>
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U.S. holiday sales rose 0.7%
Thu, 27 Dec 2012 07:57:32 GMT
 
Despite huge lines recorded on Black Friday, the U.S. holiday retail sales this year were the weakest since 2008. >>
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Greece to miss its tax reform targets in 2012
Thu, 27 Dec 2012 07:46:59 GMT
 
The heavily indebted Greece will miss tax reform goals set for this year, as the country cannot collect enough taxes from evaders, the European Union and International Monetary Fund said >>
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ECB's actions eased tensions in the Eurozone
Wed, 26 Dec 2012 12:34:49 GMT
 
Mario Draghi's pledge to do whatever it takes to save the Euro and the huge amount of cheap loans pushed indicators of stress in the continent's money markets down and >>
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