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Austerity measures approved by Greece's parliament
Mon, 13 Feb 2012 06:41:01 GMT
 
Greek PM Papademos got majority support in parliamentary vote to approve austerity plan and secure the second bailout package. 199 parliament members voted in favour while 74 lawmakers voted against. On February >>
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DAX index falls as Euro Zone FMs hold off on Greece
Fri, 10 Feb 2012 15:03:32 GMT
 
German DAX 30 plunged on Friday, pushed down by financial shares and car makers after Euro-Zone finance ministers decided to defer a bailout package for Greece. Commerzbank tumbled 6% while >>
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FTSE tumbles as Greece rescue postponed
Fri, 10 Feb 2012 15:03:25 GMT
 
UK FTSE index opened lower on Friday and extend losses during session after European officials said Euro area countries will not deliver EUR 130 billion rescue funding until Greece will >>
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Nikkei 225 down on Greece deal
Fri, 10 Feb 2012 15:03:10 GMT
 
Japan's Nikkei Stock Average traded lower on Friday amid renewed worries on Greece as European officials postponed delivering financial aid until the country will legally approve austerity measures. Nikkei 225 >>
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Dow Jones trades close to flat on Thursday
Fri, 10 Feb 2012 13:45:51 GMT
 
Dow Jones Industrial Average Index climbed slightly higher on Thursday as fewer Americans applied for unemployment benefits and Greece announced it finalized debt swap agreement. Blue chip index soared 0.05% >>
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Hang Seng index plunges as officials suspend bailout fund
Fri, 10 Feb 2012 12:52:07 GMT
 
Hong Kong's Hang Seng index tumbled on Friday, weighted down by latest developments in Greece, as European officials decided to suspend a bailout funding until Greece will not ratify its >>
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Dollar strengthens on renewed Greek concerns
Fri, 10 Feb 2012 12:32:19 GMT
 
US Dollar climbed against Euro Zone currency as Europe's finance minsters refused to provide bailout funding for Greece as long as Greek officials implement the austerity plan. Greenback appreciated 0.2% >>
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US shares climb on Greek agreement
Fri, 10 Feb 2012 11:54:34 GMT
 
US stocks markets finished higher on Thursday after Greek officials said they have concluded the debt swap agreement and US unemployment claims fell more than expected last week. S&P 500 >>
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S&P 500 index climbs on US jobs data
Fri, 10 Feb 2012 11:28:41 GMT
 
S&P 500 index extended gains on Thursday as Greece claimed it had concluded debt agreement and US jobless claims fell more than expected last week. US benchmark added 0.15% or >>
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Asian stocks decline on Greek worries
Fri, 10 Feb 2012 11:11:57 GMT
 
Asian markets traded mostly lower on Friday after international creditors rebuffed Greek austerity plan until it will be ratified by the parliament. South Korea's Kospi edged down 1%, Australia's S&P/ASX >>
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Oil climbs on Thursday on speculation for more demand
Fri, 10 Feb 2012 10:48:36 GMT
 
Crude oil futures to be delivered in March closed higher on Thursday, prolonging their advance for a third consecutive session, as developments  in Greece amid fall in U.S. unemployment claims >>
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Barclays reports a 16% drop in its profit
Fri, 10 Feb 2012 10:38:17 GMT
 
One of the oldest British banks Barclays Plc posted a 16% decline in its profit as investment bank unit's revenue fell. Lender's net income in 2011 tumbled to GBP 3 billion (USD >>
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Gold drops on Friday
Fri, 10 Feb 2012 09:40:32 GMT
 
Gold futures to be delivered in April lost 0.4% or USD 7.70 and traded at USD 1,733.50on the Comex division of New York Mercantile Exchange. The drop came amid advance >>
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Aussie depreciates as RBA lowers growth expectations
Fri, 10 Feb 2012 08:39:31 GMT
 
Australian currency weakened from close to 6-month high after RBA cut its predictions for inflation and GDP this year. Aussie fell 0.7% against greenback to USD 1.0714 and also gave >>
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RBA forecasts lower inflation and growth in Australia
Fri, 10 Feb 2012 08:39:24 GMT
 
Reserve Bank of Australia (RBA) cut its predictions for consumer price inflation and economic growth this year, giving lawmakers some scope to reduce interest rates in case the Australian economy >>
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