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Japanese consumer sentiment increased for the first time in three quarters
Fri, 13 Jan 2012 08:55:58 GMT
 
Japan's consumer sentiment rose in December, reflecting the first improvement in the last three quarters. The consumer sentiment diffusion index added 4.9 points to minus 57.5 last month from minus >>
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Obama: US needs another $1.2 trillion to meet current obligations
Fri, 13 Jan 2012 08:55:40 GMT
 
Barack Obama formally notified the Congress that US government needs to borrow another $1.2 trillion to meet existing commitments. Congress should vote during the next 15 days on the approval >>
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Gold futures fell to $1,642.40 an ounce during the electronic trade
Fri, 13 Jan 2012 08:55:00 GMT
 
Gold futures eased down during the electronic session following the declines in other metals' prices. COMEX gold futures for delivery in February traded at $1,642.40 an ounce on the New >>
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Apple suspends initial iPhone 4S sales at Beijing store
Fri, 13 Jan 2012 08:54:47 GMT
 
Apple decided not to open the store on Friday because of safety concerns as more than a thousand people were standing in line and waiting for the store to open, >>
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Slovenia attempts to avoid economic crunch
Fri, 13 Jan 2012 08:54:04 GMT
 
Slovenia was trying to reassure the international lenders that the country is able not to follow Hungarian footsteps, even after the country's leader failed to shape the government. Slovenia's debt rating was >>
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China's inflation fall may lead to changes in policy
Fri, 13 Jan 2012 08:53:15 GMT
 
The CPI fell to 4.1% last month, hitting the 15-month last month. Experts believe the drop may force the government to ease its prudent monetary policy. However, fast policy easing >>
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US federal budget increased less than expected in December
Fri, 13 Jan 2012 08:52:42 GMT
 
The US federal budget balance increased less than expected, according to official data released on Thursday. The US federal budget balance edged up to minus USD 86 billion from minus >>
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European stocks end lower on US data and weak Tesco sales
Fri, 13 Jan 2012 08:47:12 GMT
 
European equity markets closed lower on Thursday after Tesco Plc posted weaker than expected holiday sales and US also reported drop in retail sales in December. Upside support was provided >>
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Loonie weakens as US reports retail sales lower than predicted
Fri, 13 Jan 2012 08:46:23 GMT
 
Canadian Dollar fell against its major peers on Thursday trade after US, the biggest Canada's trading partner said the retail sales added only 0.1% in December compared to expected increase of >>
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Aussie and Kiwi decline on US data
Fri, 13 Jan 2012 08:46:02 GMT
 
The New Zealand and Australian Dollars depreciated against their major peers on Friday as weaker than expected US retail and employment data hampered demand for less safe assets. Kiwi weakened >>
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UK housing prices touch 8-month high
Fri, 13 Jan 2012 08:45:39 GMT
 
UK home prices climbed in December, reaching 8-month high, as the buyers hurried to complete their deals before the end of 2011 amid surging demand from investors, said Acadametrics Ltd. >>
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Draghi: the plan supposed to tame European crisis starts to work
Fri, 13 Jan 2012 08:45:06 GMT
 
ECB President Mario Draghi announced his plan for curtailing European debt turmoil starts to work as large amount capital injection in region's financial system in December begin to oil credit >>
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South Korea leaves key interest rate unchanged
Fri, 13 Jan 2012 08:44:43 GMT
 
The Bank of Korea decided to keep its benchmark borrowing interest rate untouched for the seventh consecutive month stressing increasing exposure to European debt turmoil. Although weakening South Korean Won >>
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China foreign exchange reserves decline first time since 1998
Fri, 13 Jan 2012 08:44:14 GMT
 
Chinese foreign exchange reserves fell in the fourth quarter for the first time since 1998, said People's Bank of China in its statement. The world's largest foreign exchange holdings dropped from >>
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US trade deficit probably increased in November
Fri, 13 Jan 2012 08:43:51 GMT
 
US trade deficit may have expanded in November mainly due to surge in crude oil imports, predict economists before official announcement due today. The trade gap is expected to widen >>
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