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Hang Seng rallies on Tuesday
Tue, 31 Jan 2012 15:38:42 GMT
 
Hong Kong's Hang Seng index recovered on Tuesday as EU countries approved fiscal discipline treaty and Japanese data showed higher than expected manufacturing output. Hang Seng index added 1.14% or >>
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Dow Jones trades close to flat
Tue, 31 Jan 2012 15:26:00 GMT
 
Dow Jones Industrial Average Index extended losses on Monday as investors anticipated news that US consumer spending was unchanged in December amid surging Portuguese borrowing costs. However, the index recovered >>
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S&P 500 index 0.25% down on Monday
Tue, 31 Jan 2012 15:25:50 GMT
 
US S&P 500 Index maintained downward path on Monday, weighted down by investor concerns over indebted Portugal and Greece. S&P 500 closed 0.25% or 3.32 points down at 1,313.01. The >>
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German unemployment falls more than predicted
Tue, 31 Jan 2012 15:00:27 GMT
 
Jobless rate in Germany declined more than expected in January, reaching 20-year record low. The number of unemployed people fell by 34 000, reaching 2.85 million. Economists earlier predicted a >>
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Euro Zone unemployment rate unchanged in December
Tue, 31 Jan 2012 14:56:06 GMT
 
The jobless rate in the Euro Area was 10.4% last month, unchanged from November, said Eurostat on Tuesday. The reading matched previously made predictions. The number of jobless people in >>
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Most Asian stocks end higher on Tuesday
Tue, 31 Jan 2012 13:24:29 GMT
 
Asian share markets closed mostly up on Tuesday, lifted by earnings reports and better than expected production output data from Japan. Japan's Nikkei Stock Average gained 0.1%, South Korea's Kospi surged 0.1% >>
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UK consumer confidence surged in January
Tue, 31 Jan 2012 11:04:15 GMT
 
UK consumer sentiment index climbed 7-month record high in January, lifted by slowing inflation which boosted consumption. British consumer confidence gauge increased by 4 points and reached minus 29 which >>
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European markets fall on Portugal pressure
Tue, 31 Jan 2012 11:03:54 GMT
 
European share markets tumbled on Monday, led by resource and financial stocks as enduring Greece debt swap agreement and surging Portuguese bond yields boosted investor pessimism. Stoxx 600 index lost 1.1% to >>
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US markets erase steep losses on technology shares
Tue, 31 Jan 2012 11:03:38 GMT
 
US markets opened lower on Monday and extended losses later in the day as investor worries about situation in Greece and Portugal accelerated. However, main stock indices managed to offset >>
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Canadian Dollar strengthens against most of its peers
Tue, 31 Jan 2012 11:03:31 GMT
 
Canadian Dollar fluctuated against US Dollar on Monday and jumped against its major counterparts as struggle over second Greek rescue package boosted demand for safer assets. Loonie was little changed >>
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South Korean output drops in December
Tue, 31 Jan 2012 10:39:39 GMT
 
South Korea's manufacturing output declined in December for a third straight month as European debt woe sapped demand for nation's exports and hit business confidence. South Korean output fell 0.9% in >>
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Aussie and Kiwi rally on EU summit
Tue, 31 Jan 2012 10:39:26 GMT
 
New Zealand and Australian Dollars appreciated sharply on Tuesday as European officials signalled they have taken measures to end two-year debt crisis. Both South pacific currencies also were fuelled by >>
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Dollar depreciates as worries about Greece lessen
Tue, 31 Jan 2012 09:27:05 GMT
 
US Dollar fell against its major counterparts on Monday after Greece's PM Papademos confirmed the progress has been achieved in debt talks with creditors. Greenback dropped 0.3% against Euro to >>
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Gold moves higher on weaker US Dollar rally
Tue, 31 Jan 2012 09:24:00 GMT
 
Gold was slightly firmer during the Asian session as investors turned to the yellow metals after rally for US Dollars at the European and US sessions on Monday. COMEX gold >>
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Crude oil advanced on OPEC expectation of price increase
Tue, 31 Jan 2012 09:07:57 GMT
 
Crude oil found strong support after OPEC announced it expects the Iranian oil embargo to send prices higher even despite sufficient supply to offset oil shortage. Light, sweet crude oil >>
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