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Crude oil rises on the Iranian tensions
Wed, 25 Jan 2012 11:33:23 GMT
 
Crude oil futures added to gains during the Asian trade as Iran renewed its treats to block Strait Hormuz after the EU approved total Iranian oil imports ban. Light, sweet >>
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IMF: wellbeing of the world's economy is under threat
Wed, 25 Jan 2012 11:20:11 GMT
 
The wellbeing of the global economy is under threat because of the spreading risk from the Euro Zone, said the IMF. The organization expects the world's economy to expand by >>
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Belgian NBB business confidence gets better in January
Wed, 25 Jan 2012 11:00:48 GMT
 
Belgian business climate improved in January, but remained in the negative territory since May 2011. The business climate index added 1.1 point to minus 9.5 this month on a seasonally >>
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UK family debts doubled over the year
Wed, 25 Jan 2012 10:31:00 GMT
 
Debts owed by a typical UK family surged 48% since January last year as increasing inflation rate impacted households' incomes, reported Aviva Family Finances. Average UK family owes about 7,944 >>
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US stocks showed mixed performance on Tuesday
Wed, 25 Jan 2012 08:28:41 GMT
 
US stocks traded mixed on Tuesday amid investor concern about earnings reports and uncertainty in Greek debt talks. S&P 500 Index gave up 0.1% or 1.35 points and closed at >>
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European stocks pushed down by Greek struggle
Wed, 25 Jan 2012 08:28:06 GMT
 
European stock markets closed lower on Tuesday as EU finance ministers attempted to persuade Greek private lenders to accept lower borrowing costs on restructured Greece sovereign debt. Stoxx 600 lost >>
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Yen depreciates on trade deficit data
Wed, 25 Jan 2012 08:27:37 GMT
 
Japanese Yen weakened against its main counterparts on Tuesday after nation's statistics reported Japan in 2011 faced the first trade deficit in 30 years, fuelling concerns about country's economic outlook. >>
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Australia's core inflation accelerated in 4th quarter
Wed, 25 Jan 2012 08:26:55 GMT
 
Australia's annual core inflation, which exclude the biggest swings in prices, quickened in the last three months of 2011, climbing to 3%, compared to central bank's target of 2%. An >>
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Natural gas advanced on the output fall
Wed, 25 Jan 2012 08:17:08 GMT
 
Natural gas bounced, finding support in the production cuts as Chesapeake Energy reported it plans to decrease the output level due to low prices of the natural gas. Natural gas >>
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Japan: first trade deficit in 30 years
Wed, 25 Jan 2012 08:11:41 GMT
 
Japan reported the first yearly trade deficit in 30 years. The trade deficit of the country for 2011 amounted 2.49 million Yen, with imports adding 12% and exports decreasing by >>
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German business sentiment probably rose in January
Wed, 25 Jan 2012 08:01:52 GMT
 
German business confidence may have increased in January to 5-month record high, as the European largest economy indicated recovery. According to economists questioned by Bloomberg, the business climate index, estimated >>
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Apple net income doubles on Iphone
Wed, 25 Jan 2012 07:49:32 GMT
 
Apple Inc. posted a 4th quarter's profit, more than two times higher than in corresponding period last year due to successful sales of Iphone and Ipad. Apple managed to sell 37 >>
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Obama demands an increase in taxes on rich
Wed, 25 Jan 2012 07:46:12 GMT
 
US President Obama called the government to impose higher taxes on country's  wealthy to restore income equality in US economy, fueling predictions he will use this call in his election campaign. Obama >>
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DAX drops as creditors push Greece for higher coupon
Tue, 24 Jan 2012 16:09:41 GMT
 
German DAX Index climbed 0.5% on Monday, but pulled back 1.1% to 6,365.95 during Tuesday session, pushed down by domestic banks. DAX index posted loss, as private creditors put pressure >>
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FTSE retreats amid Greek uncertainty
Tue, 24 Jan 2012 16:09:34 GMT
 
After jumping 0.9% on Monday, UK FTSE 100 Index retreated on Tuesday, as investors lost patience on lingering Greek debt swap agreement. UK benchmark fell 0.8% to 5,737.97, weighted down >>
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