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India manufacturing output expands less than predicted
Fri, 10 Feb 2012 08:18:41 GMT
 
India's factory production grew less than expected in December, indicating weaker domestic demand amid global slowdown. The output at India's plants, mines and utilities added 1.8% on yearly basis compared >>
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European stocks lifted on Greek hopes
Fri, 10 Feb 2012 08:03:46 GMT
 
European stock markets closed higher on Thursday as Greece announced it reached consensus on austerity plan. Stocks were also supported by US jobs statistics. Stoxx 600 Europe added 0.2%, while >>
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UK home prices drop to 6-months record high
Fri, 10 Feb 2012 07:43:22 GMT
 
British house prices fell to 6-months record high in January on concern about country's economy amid European debt woe. The average value of home in Whales and England dropped 0.2% compared >>
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Rescue package for Greece temporary rejected
Fri, 10 Feb 2012 07:17:42 GMT
 
Europe's finance ministers suspended a bailout funding for Greece and left officials in Athens either to ratify lately issued debt cut plan or to leave Euro Zone. Euro area countries >>
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US jobless claims dropped last week
Fri, 10 Feb 2012 07:11:47 GMT
 
The number of Americans who filled applications for jobless benefits declined more than forecast in the week which ended February 4. Claims for unemployment benefits fell by 15 000 last week >>
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China's trade slid in January
Fri, 10 Feb 2012 07:03:34 GMT
 
Chinese exports and imports contracted more than expected in January, performing the first drops in 24 months as Lunar New Year holidays hindered trade and commodity value faded. Foreign shipments >>
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DAX index rallies on Greek debt
Thu, 09 Feb 2012 15:22:34 GMT
 
German DAX 30 index surged 0.9% on Thursday, and extended gains after Mario Draghi announced he has received a confirmation from Greek PM Papademos that austerity measures have been approved. >>
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FTSE 100 surges on bank and oil stocks
Thu, 09 Feb 2012 15:19:07 GMT
 
UK FTSE 100 Index climbed 0.5% on Thursday, lifted by financial and oil shares. Lloyds Banking Group PLC gained 2% and Royal Bank of Scotland Group  PLC soared 1.3%. BG >>
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Nikkei 225 ends 0.1% down despite paper sector gains
Thu, 09 Feb 2012 14:51:13 GMT
 
Japan's Nikkei Stock Average traded lower on Thursday as Chinese inflation rate unexpectedly rose 4.5% in January and investors awaited results from Greek debt swap talks. Nikkei 225 index slipped >>
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Hang Seng index flat on Chinese inflation data
Thu, 09 Feb 2012 13:29:35 GMT
 
Hong Kong's Hang Seng index was little changed on Thursday amid unexpected increase in Chinese consumer prices. Hang Seng index edged 0.04% or 8.45 points down at 21,010.01. Property and >>
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Daimler profit surged 39% in 4th quarter
Thu, 09 Feb 2012 13:07:21 GMT
 
German car producer Daimler AG, who manufactures Mercedes Benz trucks and cars, posted a 39% gain in 4th quarter profit, fuelled by its M-Class sport utility car sales. Daimler's EBITDA >>
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US may face another downgrade in 6 to 24 months
Thu, 09 Feb 2012 12:40:57 GMT
 
If US government will not provide any plausible plan how to cut its deficit equal about USD 1 trillion, the country is likely to face another credit rating downgrade in >>
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US 30-year borrowing costs climb to 4-month high
Thu, 09 Feb 2012 11:34:01 GMT
 
Treasuries climbed higher on Wednesday as investors monitored developments in Greece. Borrowing costs on 10-year bills gave up 1 basis point, reaching 1.97% while those on 5-year bonds traded flat >>
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Gold erases previous session's gains on Wednesday
Thu, 09 Feb 2012 11:11:58 GMT
 
Gold futures for delivery in April dropped USD 17.10, or 1.0%, and settked at USD1,731.30 per ounce on the Comex division of New York Mercantile Exchange. The fall in gold >>
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Dow Jones Industrial Average index trades flat amid Greek uncertainty
Thu, 09 Feb 2012 10:50:53 GMT
 
Dow Jones Industrial Average Index traded close to flat on Wednesday, supported on the positive side by Bank of America which surged 3.6% and technology stocks. Blue chip index advanced >>
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