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US non-farm payrolls increase less than projected
Thu, 02 Feb 2012 08:43:01 GMT
 
US non-farm private payrolls advanced less than initially expected last month, reported ADP. The non-farm employment increased by 170,000 on a seasonally adjusted basis last month, confronting the expectations of >>
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US car sales recovered in 2011
Thu, 02 Feb 2012 08:15:46 GMT
 
The light vehicles and truck sales soared in January, reaching the fastest growth since 2009. The annual turnover for cars accelerated to 14.2 million compared to 13.4 million predicted by >>
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Facebook prepares for USD 5B IPO
Thu, 02 Feb 2012 08:01:20 GMT
 
Facebook Inc. filed to obtain USD 5 billion in the biggest internet IPO. Menlo Park is estimating the value of company to be between USD 75 billion to USD 100 billion. >>
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Honda reports unexpected gains in US market
Thu, 02 Feb 2012 07:40:35 GMT
 
Honda Motors posted an unexpected expansion in US markets, ending 8 months of contraction in sales. The Japanese car maker reported an 8.8% annual growth on rebounded vehicle demand. Analysts >>
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ECB reluctant to join Greek bond swap
Thu, 02 Feb 2012 07:23:57 GMT
 
The ECB is expected to reject helping to lessen Greek debt load until private creditors and government reach an agreement. Greek investors are boosting pressure on ECB to support the >>
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DAX climbs, led by Infineon Technologies
Wed, 01 Feb 2012 16:40:15 GMT
 
German DAX 30 index extended gains on Wednesday as European and Chinese manufacturing data boosted investor sentiment. DAX 30 index climbed 1.9% with all nine sectors posting gains. Infineon Technologies >>
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FTSE jumps on manufacturing data
Wed, 01 Feb 2012 16:24:05 GMT
 
FTSE 100 Index climbed on Wednesday, supported by financials and oil providers on better than expected data from UK, Germany, China and Euro Zone. British benchmark index rallied 1.4% during >>
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Hang Seng down on investor pessimism over monetary easing
Wed, 01 Feb 2012 16:23:51 GMT
 
After a sharp appreciation yesterday, Hong Kong's Hang Seng index retreated on Wednesday, pushed down by investor worries that positive manufacturing data will curb Chinese government from implementing monetary easing. >>
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Sugar fell despite positive opening on Tuesday
Wed, 01 Feb 2012 16:23:37 GMT
 
Grain commodities advanced while sugar and coffee futures edged down. Grain commodities continued to drew support from the expected supply cuts in South America after unfavorable weather conditions that harmed >>
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Energy commodities faced mixed performance on Tuesday
Wed, 01 Feb 2012 15:41:40 GMT
 
Energy markets faced mixed performance on Tuesday despite stronger Asian equities and negative economic data from the US. Investors also await a report on the US oil inventory stockpiles that >>
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Base metals dropped on disappoining US data
Wed, 01 Feb 2012 15:41:27 GMT
 
Industry metals fell on Tuesday as German retail sales dropped and  consumer confidence in the US has worsened. At the same time, LME inventories of base metals faced a decline. >>
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Gold climbed while other precious metals fell
Wed, 01 Feb 2012 15:05:11 GMT
 
Precious metals, excluding gold, dropped on Tuesday despite gathering momentum on the depreciating US Dollar after disappointing US consumer confidence and Chicago PMI data. Gold, the only gainer, found additional >>
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Esprit prepares to close all its stores in North America
Wed, 01 Feb 2012 15:04:53 GMT
 
Clothing retailer Esprit Holdings plans to close all its North American stores as the company failed to sell the unprofitable unit. Esprit is attempting to cut costs and recover from >>
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Won and Rupiah drops on regional expansion worries
Wed, 01 Feb 2012 14:40:44 GMT
 
Indonesia's Rupiah and South Korean Won depreciated sharply this week as statistics showed economic outlook is worsening in the region. South Korea's exports declined first time since 2010 while several >>
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Nikkei 225 index up on Wednesday, supported by financial stocks
Wed, 01 Feb 2012 14:40:32 GMT
 
Japan's Nikkei Stock Average closed slightly higher on Wednesday, lifted by financial stocks. Nikkei 225 index gained 0.08% or 7.28 points and finished at 8,809.79. Sumitomo Mitsui Trust Holdings jumped >>
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