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US stocks edge higher on European hopes
Fri, 13 Jan 2012 08:43:23 GMT
 
US share markets traded higher on Thursday as investors expressed cautious optimism towards Europe's ability to tame its debt crisis. Dow Jones Industrial Average Index added 0.2% or 21.57 points >>
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Chinas gold imports from Hong Kong at record high in November
Thu, 12 Jan 2012 19:28:25 GMT
 
China's November's gold purchases from Hong Kong soared to record high on the strengthening demand ahead of the Chinese New Year and on investor's desire to hedge risks amid weak >>
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US retail sales increased less than expected in December
Thu, 12 Jan 2012 19:28:18 GMT
 
US retail sales advanced less than initially projected in December, growing at the slowest pace in the last seven months. The sales increased by 0.1% seasonally adjusted in December as >>
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China's PPI saw 1.7% increase last month
Thu, 12 Jan 2012 19:28:12 GMT
 
Growth of the Chinese producer prices decelerated in December to the slowest increase pace in the last two years. China's PPI, gauge of inflation in the wholesale sector, increased by >>
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Crude oil rallies on the Nigeria supply fears
Thu, 12 Jan 2012 19:28:06 GMT
 
Crude oil advanced on the increasing worries over the Nigerian and Sudan oil supply disruption and weaker US Dollar. Light, sweet crude oil February contract traded at USD102.59 a barrel >>
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US initial jobless claim hit the six-week high
Thu, 12 Jan 2012 19:16:43 GMT
 
The number of people applying for unemployment benefits in the US increased last week, reaching the six-week high. The number of jobless claims added 24,000 to seasonally adjusted 399,000 while >>
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China to increase natural gas production
Thu, 12 Jan 2012 19:16:36 GMT
 
China's natural gas production is likely to rise by 11% this year, attaining 113 billion cubic meters, reported the China Petroleum and Chemical Industry Federation. Country also is likely to >>
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China's CPI growth declined to 4.1% in December
Thu, 12 Jan 2012 19:16:24 GMT
 
China's CPI increased to 4.1% in December on a yearly basis, reflecting 0.1% fall from November's reading, reported the National Bureau of Statistics. Total CPI for 2011 achieved 5.4% as >>
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Euro Zone's industrial production fell in November
Thu, 12 Jan 2012 19:16:18 GMT
 
Industrial output in the Euro Zone decreased for the third month in line. The region's industrial output fell by 0.1% seasonally adjusted in November as compared to 0.2% expected decrease. >>
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Gold rallies after Mario Draghi announcement
Thu, 12 Jan 2012 19:16:11 GMT
 
Gold futures jumped to four-week high after Mario Draghi claimed that there are signs of economic recovery of the Euro Zone. The announcement lifter the euro against the US dollar >>
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ECB leaves the key interest rate at 1%
Thu, 12 Jan 2012 19:15:58 GMT
 
The ECB left the key interest rate unchanged at 1.0% for the second consecutive month in compliance with expectations, reported the ECB. After the data release, the Euro faced slight >>
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UK manufacturing activity contracts by 0.2% in November
Thu, 12 Jan 2012 19:15:37 GMT
 
UK's manufacturing activity declined in November reflecting fall for the second month in line. The UK Office for National Statistics reported the country's manufacturing production declined by 0.2% in November >>
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Natural gas shrinks despite supply drop
Thu, 12 Jan 2012 19:15:23 GMT
 
Natural gas futures sank hitting 28-months low as fresh worries over the record level of US natural gas inventories persist even despite modest supply decrease over last week reported by >>
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Italy's industrial production increases by 0.3% in November
Thu, 12 Jan 2012 19:15:06 GMT
 
Italian industrial production rebounded after declining for two months in line. Country' industrial output advanced by seasonally adjusted 0.3% in November while analysts expected 0.1% decrease, reported Istat. Considering yearly >>
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RBS to eliminate 3500 jobs
Thu, 12 Jan 2012 15:38:56 GMT
 
Royal Bank of Scotland Group Plc prepares to cut about 3500 jobs in the upcoming three years as it quits unprofitable mergers advisory and cash equities operations. RBS also is >>
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