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Shanghai Composite index ends 0.75% up
Tue, 21 Feb 2012 10:27:13 GMT
 
Chinese Shanghai Composite index traded higher on Tuesday, lifted by real estate shares and approved Greek debt swap deal. Shanghai Composite index gained 0.75% or 17.83 points and finished at >>
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Australian S&P/ASX 200 index adds 0.8% on Tuesday
Tue, 21 Feb 2012 10:07:41 GMT
 
Australian S&P/ASX 200 index climbed higher on Tuesday, supported by the RBA meeting minutes which claimed there is a scope for further monetary easing if needed. Australian government sold inflation >>
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Switzerland's trade surplus narrowed last month
Tue, 21 Feb 2012 10:02:38 GMT
 
Swiss trade surplus narrowed in January amid falling exports, reported Switzerland's Federal Statistics Office. The trade balance narrowed to 1.55 billion Swiss Francs in January as compared to 2.01 billion >>
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European stocks climb ahead of Greek deal
Tue, 21 Feb 2012 09:32:57 GMT
 
European stock markets closed into positive area on Monday as investors were optimistic about probability the Greece would finally receive its second bailout package. Stoxx Europe 600 index added 0.8%, FTSE 100 index >>
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Natural gas falls after last week's rally
Tue, 21 Feb 2012 09:20:14 GMT
 
Natural gas futures closed lower on Monday after gaining 10.5% over the last week. The gains were caused by mass natural gas production cuts in the US amid weak prices. >>
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World's aluminium output declined in January
Tue, 21 Feb 2012 09:09:38 GMT
 
World's aluminium production fell by 49,000 metric tons attaining 2,140,000 tons last month, reported the International Aluminium Institute. The main falls were in North America, Western Europe and Africa, the >>
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China's oil companies are preparing for Mideast uncertainty
Tue, 21 Feb 2012 09:02:33 GMT
 
The largest oil companies in China are looking for ways to limit the effect of geopolitical tensions in Iran and North Africa. Companies are planning to relocate equipment assembling and >>
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Sweden and Norway currencies overvalued amid debt crisis
Tue, 21 Feb 2012 08:47:14 GMT
 
Swedish Krona and Norwegian Krone are the most overpriced in 40 years as investors perceive currencies as safe haven assets amid European debt crisis. According to OECD indicator, measuring relative >>
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Crude oil jumps amid Iranian tensions and Greece's bailout deal
Tue, 21 Feb 2012 08:40:37 GMT
 
Crude oil futures added to yesterday's gains as traders increased long-positions in the commodity amid Iranian supply threats and long-awaited Greek bailout deal.  Speculation that Israel plans to attack Iran >>
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Barclays: indicators show stronger demand for industry metals
Tue, 21 Feb 2012 08:27:20 GMT
 
Barclays Capital reports that its core indicators for industry metals showed sharp increase in demand momentum in the end of Q1 and Q2. Experts attributed the expected demand increase to >>
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China plans to increase export tax rebates in 2012
Tue, 21 Feb 2012 07:56:21 GMT
 
China may raise export tax rebates in 2012 in an attempt to stimulate its exports amid global economic instability. The decision will be made when time is appropriate and will >>
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Mazda shares drop on fundraising report
Tue, 21 Feb 2012 07:51:11 GMT
 
Mazda Motor Corp. announced it will issue new shares worth JPY 100 billion to aid its business. Japanese auto manufacturer predicts large scale net loss valued at JPY 100 billion >>
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China's money market rate drops on reserve requirement cut
Tue, 21 Feb 2012 07:44:53 GMT
 
China's key money market rate declined on investor speculation the liquidity will advance after government's decision to lower reserve requirement ratios. Seven day repurchase costs, an indicator of capital availability, gave >>
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RBA maintains easing bias
Tue, 21 Feb 2012 07:30:41 GMT
 
The central bank of Australia said it still has some space for monetary relieving if necessary. The Reserve Bank of Australia kept its key interest rate unchanged earlier this month. >>
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Euro climbs as Greece receives second bailout package
Tue, 21 Feb 2012 07:21:52 GMT
 
17-nation currency appreciated against the Greenback and the Japanese Yen after European Finance Ministers approved the second rescue package for indebted Greece. Euro added 0.1% against its US peer to >>
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