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Loonie strengthens on US jobs data
Fri, 17 Feb 2012 10:20:37 GMT
 
Canadian Dollar appreciated on Thursday as US Labor department reported record low number of unemployment claims received in the week ended February 11. Loonie climbed 0.3% against US Dollar to >>
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US shares lifted by positive employment data
Fri, 17 Feb 2012 09:25:52 GMT
 
US stock markets recovered on Thursday as Americans last week filled the lowest number of jobless claims since 2008. S&P 500 index jumped 1.1% or 14.81 points and finished at 1,358.04, Dow Jones Industrial >>
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US jobless claims dropped to record low last week
Fri, 17 Feb 2012 08:40:02 GMT
 
Americans filled the lowest number of unemployment claims last week since 2008, indicating recovering US labour market may support nation's economic growth. Jobless applications fell by 13 000 during the week ended >>
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Precious metals trade mixed on Thursday
Fri, 17 Feb 2012 08:20:32 GMT
 
April gold futures traded higher on Thursday, adding USD 0.3 to USD 1,728.40 per ounce. Silver futures to be delivered in March lost 0.1% to USD 33.37 per ounce while >>
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Oil climbs on Asian session, natural gas declines
Fri, 17 Feb 2012 08:10:24 GMT
 
Benchmark crude futures for March deliver added 0.24% or USD 0.23 to USD 102.54 per barrel, lifted by successful Asian stock market performance. In contrast March natural gas futures lost 1.09% or >>
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China's FDI declined in January
Fri, 17 Feb 2012 07:54:56 GMT
 
Chinese foreign direct investment slowed 0.3% in January, posting the third consecutive drop in three months on weakening demand from Europe, said Ministry of Commerce on Thursday. Monthly investment inflows totalled >>
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Creditors require more control on Greece budget
Fri, 17 Feb 2012 07:47:13 GMT
 
European creditors are struggling to assure that bailout financing is spent properly. European finance officials demand particular mechanisms to pledge the successful implementation of rescue program. Greece is obligated to >>
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Olympus former chairman arrested in connection with fraud
Fri, 17 Feb 2012 07:39:36 GMT
 
Ex-chairman of Olympus Tsuyoshi Kikukawa and other former executives were arrested Tokyo prosecutors on Thursday in connection with an accounting fraud involving a cover up of investment shortfalls. Former executives >>
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European markets close lower on news from Moody's and Greece
Fri, 17 Feb 2012 07:35:12 GMT
 
European shares traded down on Thursday amid worries EU FMs may cancel rescue package for Greece and Moody's rating agency threatened to cut credit ratings for more than a hundred >>
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Moody's considers downgrading UBS, Credit Suisse
Fri, 17 Feb 2012 07:32:43 GMT
 
Credit Suisse Group AG, Morgan Stanley and UBS AG credit ratings are likely to be lowered by 3 levels, said Moody's Investors Service, currently reviewing 17 lenders and securities companies. >>
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Germany targets Greek deal approval
Fri, 17 Feb 2012 07:25:05 GMT
 
Germany expects EU finance officials to reach an agreement over Greek bailout on meeting due February 20, said German lawmakers. Greece should increase its responsibilities in order be rescued otherwise Europe will >>
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Singapore exports decline on European crisis
Fri, 17 Feb 2012 07:24:49 GMT
 
Singapore exports tumbled in January, first time since November as European debt turmoil harmed demand for petrochemical and electronics shipments and the Lunar New Year celebration cut the number of >>
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US stocks pare most of losses in choppy session
Wed, 15 Feb 2012 11:28:42 GMT
 
US shares swung between gains and losses on Tuesday as nation's retail sales expanded less than expected and China expressed willingness to support European bailout fund. Dow Jones Industrial Average added >>
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Asian stocks rally on China's announcement
Wed, 15 Feb 2012 10:01:28 GMT
 
Asian markets appreciated sharply on Wednesday as investors anticipated news China may step in and invest in European bailout funds to support its biggest export region. Japanese Nikkei Stock Average rocketed >>
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German economy narrowed less than predicted in 4th quarter
Wed, 15 Feb 2012 09:59:35 GMT
 
Europe's largest economy contracted less than expected in fourth quarter, signalling Germany may avoid crisis despite declining demand across region. German GDP dropped 0.2% in last quarter of 2011 compared >>
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