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Dow Jones Index up on IBM earnings report
Mon, 23 Jan 2012 14:59:10 GMT
 
Dow Jones Industrial Average Index soared on Friday, supported on the upside by technology stocks. The blue chip index improved 0.8% or 96.50 points and settled at 12,720.48. IBM provided >>
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S&P 500 fuelled by Microsoft on Friday
Mon, 23 Jan 2012 14:55:35 GMT
 
S&P 500 Index slightly rose on Friday, closing near 6-month record high, lifted by positive earnings reports from Microsoft and IBM. US benchmark climbed 0.1% or 0.9 points and finished >>
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European shares modestly down on Friday, up for the week.
Mon, 23 Jan 2012 12:00:47 GMT
 
European stocks closed lower on Friday, as investors anticipated negatively the lingering Greek debt talks. On weekly basis, however, most stocks gained. Stoxx 600 ended 0.3% down at 255.85, while >>
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China's fiscal income record high in 2011
Mon, 23 Jan 2012 11:52:30 GMT
 
China's fiscal income achieved a record high level of 10.37 trillion Yuan last year, reflecting 25% increase from the preceding year, according to the Ministry of Finance. Analysts suggest that >>
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US markets closes higher for a third week in a row
Mon, 23 Jan 2012 11:31:08 GMT
 
US shares closed up for a third straight week, lifted by good performance results from IBM and Microsoft. S&P 500 Index gained 0.1% or 0.9 points and finished at 1,315.38, >>
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Crude oil falls on the negotiations over the Greek debt
Mon, 23 Jan 2012 11:29:56 GMT
 
Crude oil futures continued to face losses on Monday as investors awaited the Greece's debt deal that will impact the development of country in the future. Light, sweet crude oil >>
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France and Germany seek way to ease banks' capital rules
Mon, 23 Jan 2012 11:15:38 GMT
 
Germany and France are looking for the ways to relax the worldwide banks' capital rules to limit negative impact on the real economy.  Finance ministers of France and Germany are >>
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Canadian Dollar depreciates on slower inflation
Mon, 23 Jan 2012 11:05:59 GMT
 
After climbing for four consecutive days, Loonie weakened on Friday, as government statistics showed nation's inflation slowed at faster pace than analysts had predicted. Cooler inflation may curb central bank's officials >>
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Energy markets may face an upswing in Latin America
Mon, 23 Jan 2012 10:56:07 GMT
 
Energy sector faced downward move in 2011 with energy stocks being lower worldwide. However, there are signs of recovery in Latin America. Global energy companies plan to boost spending on >>
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China's crude steel output added 8.9% last year
Mon, 23 Jan 2012 10:31:30 GMT
 
Chinise crude steel production jumped 8.9% on a yearly basis, approaching 683.27 million tons in 2011. The pace of the expansion of the sector was 0.4% slower than in 2010. >>
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Gold edges up in holiday trade
Mon, 23 Jan 2012 10:27:14 GMT
 
Gold eased up on Monday at the holiday trading as China, Singapore, Indonesia and Malaysia are closed for Lunar New Year. COMEX gold futures for delivery in February traded at >>
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Olympus shares soared after the company escaped delisting
Mon, 23 Jan 2012 10:21:33 GMT
 
Olympus shares surged 7% after the company avoided being delisted from the Tokyo Stock Exchange.  The company was accused of accounting malpractice worth USD1.7 billion. The TSE put the company >>
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Australia's producer price inflation increases less than expected
Mon, 23 Jan 2012 10:13:07 GMT
 
Australia's PPI increased less than expected last quarter, reported the Australian Bureau of Statistics. The indicator grew by 0.3% last quarter on a seasonally adjusted basis from 0.6% in Q3. >>
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Public trust in government deteriorated across the world
Mon, 23 Jan 2012 10:12:57 GMT
 
Trust in the government deteriorated all over the world, reported the Edelman Trust Barometer. People blame government in the political and financial turmoil of 2011. Overall trust decreased by 9% >>
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Spain and Italy insist on increasing ESM
Mon, 23 Jan 2012 08:36:10 GMT
 
Spain and Italy called for an essential increase of the rescue fund of the EU and a boost of the financial stimulus by the ECB. Mario Monti said that the >>
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