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ILO: Perspectives of the worldwide labour market deteriorated
Tue, 24 Jan 2012 08:37:21 GMT
 
The International Labour Organization announced that overall outlook for the world's labour market worsened in 2011. The organization urged the government has to create more than 600 million jobs over >>
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Central bank of India cuts growth forecast
Tue, 24 Jan 2012 08:34:45 GMT
 
Indian central bank cut outlook for the expansion of the country's economy. The RBI said the growth for 2011 and 2012 is likely to be more moderate than expected. Bank >>
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Oil rallies amid Iranian oil embargo
Tue, 24 Jan 2012 08:19:14 GMT
 
Crude oil soared to USD110.80 on Monday after the EU approved embargo on Iranian oil. Iran continues to repeat threats of blocking the Strait of Hormuz in case of any >>
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EU does not accept the offer of Greece's PSI
Tue, 24 Jan 2012 08:00:21 GMT
 
The EU announced it does not approve the offer of Greece's PSI that was reached with private bondholders. The EU asked for a coupon on the new Greek debts below >>
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Hungary expected to raise benchmark rate further
Tue, 24 Jan 2012 07:52:59 GMT
 
According to analysts, Hungary is likely to increase its key interest rate to back local securities as country's bailout talks with IMF stay frozen. Economists predict that central bank of >>
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Bank of Japan lowers growth forecasts
Tue, 24 Jan 2012 07:47:05 GMT
 
The Bank of Japan lowered growth predictions for the 2012, starting from April and kept its benchmark interest rate unchanged. The growth expectations for the year was cut from 2.2% >>
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Loonie gains on surge in oil prices
Tue, 24 Jan 2012 07:39:26 GMT
 
Canadian Dollar strengthened versus greenback on Monday as country's main export good, crude oil appreciated amid improving global economic outlook. The Canada's currency gained 0.5% and traded close to parity >>
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Euro fluctuates near three week record high
Tue, 24 Jan 2012 07:34:52 GMT
 
17-nation currency slipped from almost three-week record high against US Dollar, after European FMs claimed Greece has to make bigger cuts in debt write down agreement. Euro fell 0.2% from >>
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Aussie and Kiwi extend gains on developments in Europe
Tue, 24 Jan 2012 07:32:13 GMT
 
New Zealand and Australian Dollars kept appreciating against most of their peers on Tuesday on investor optimism EU finance ministers have come closer to the solution of region's debt crisis >>
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Leading indicator index in Canada added 0.8% last month
Mon, 23 Jan 2012 17:21:01 GMT
 
The composite leading index advanced 0.8% last month after 0.9% increase in November. The increase was observed in the 8 out of 10 elements of the index. Manufacturing was the >>
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EU approved Iran oil embargo
Mon, 23 Jan 2012 16:21:17 GMT
 
The EU approved embargo on the Iranian oil as a protest to the Iranian nuclear project. The sanctions imply immediate ban on all the new oil contracts from the country, >>
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DAX climbs higher amid European finance minister meeting
Mon, 23 Jan 2012 16:20:32 GMT
 
German DAX Index lost 0.2% on Friday but opened 0.5% higher on Monday, as investors awaited for the results of Euro area finance minister meeting. Euro hit this year's record >>
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FTSE rallies on investor optimism
Mon, 23 Jan 2012 15:25:44 GMT
 
After giving up 0.2% on Friday, UK FTSE 100 Index recovered on Monday, lifted by the progress in Greek debt talks amid Euro Zone finance minister meeting. UK benchmark added >>
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Nikkei 225 index flat on Monday amid New Year holidays in China
Mon, 23 Jan 2012 15:25:27 GMT
 
Japan's Nikkei Stock Average traded flat on Monday's rather silent trading session amid Chinese New Year holidays. Nikkei 225 finished 0.01% or 0.46 points down at 8,765.90. On the upside >>
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Australian S&P/ASX 200 Index declines on Monday
Mon, 23 Jan 2012 15:14:21 GMT
 
Australian S&P/ASX 200 experienced a drop on Monday, fuelled by lower than expected growth in produce price index in the 4th quarter amid enduring Greek debt talks. Australian benchmark index >>
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