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South Korean fund to invest in China's securities
Mon, 09 Jan 2012 15:52:33 GMT
 
South Korean biggest pension fund, the NPS, has got an approval from officials to invest in China's securities. The NPS announced it is the first pension fund worldwide to win the QFII >>
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Grain futures ended the week lower
Mon, 09 Jan 2012 15:52:19 GMT
 
US grain futures saw decline during the last Friday trade on firmer US Dollar while weather forecasts in South America limited losses. Soybeans, wheat and corn futures for delivery in March lost >>
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Trade balance of New Zealand declined more than expected
Mon, 09 Jan 2012 15:52:12 GMT
 
Trade balance of New Zealand decreased more than expected in December. The trade balance tumbled to -308M seasonally adjusted from -228M in November, reported Statistics New Zealand. Experts had projected trade balance to >>
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Crude oil tumbles on the Euro Zone woes
Mon, 09 Jan 2012 15:52:06 GMT
 
Crude oil declined as market focused more on the fresh concerns over the spreading Euro Zone crisis than on possible supply disruptions from Iran. Light, sweet crude oil futures for February delivery traded >>
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Canadian Dollar extends drop on labour market data
Mon, 09 Jan 2012 15:52:00 GMT
 
Loonie depreciated for a third consecutive day against greenback after data showed country's employers hired fewer than expected new employees in December while unemployment level surged to 9-month record high. Canadian dollar lost >>
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China's economy may see slower growth
Mon, 09 Jan 2012 15:51:54 GMT
 
China's economy is expected to expand at a slower pace in the Q4 of 2011. The GDP may grow by 8.5% in Q4 of 2011 and by the same rate in 2012, >>
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Canada's unemployment rate climbs for a third straight month
Mon, 09 Jan 2012 15:51:47 GMT
 
Canadian jobless level unexpectedly soared for a third consecutive month in December. According to Statistics Canada, the unemployment level surged to 7.5% compared to 7.4% increase in November and 7.1% in September. Economists >>
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Philippines car sales declined by 4% in 2011
Mon, 09 Jan 2012 15:51:32 GMT
 
Philippines vehicle sales decreased by 4% in 2011 on the supply disruptions caused by floods in Thailand and earthquake in Japan, according to industry report. Overall sales in 2011 amounted 141,616 vehicles >>
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Rolls-Royce sales hit record
Mon, 09 Jan 2012 15:51:19 GMT
 
Rolls-Royce Motor Cars announced 31% increase in car sales to 3,538 units over 2011. However, the growth pace was sharply lower than in the previous year when sales saw 150% expansion. The >>
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Australian retail sales steady in December
Mon, 09 Jan 2012 15:51:12 GMT
 
Australian retail sales stayed at the same level in December, according to official data. The country's retail sales for the month showed 0% seasonally adjusted increase from November while November's retail sales >>
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Yuan lending attained 7.47 trillion Yuan last year
Mon, 09 Jan 2012 15:51:05 GMT
 
Yuan lending approached 7.47 trillion Yuan in 2011 as compared to 7.8 trillion Yuan in the preceding year, reported China's central bank. The outstanding Yuan deposits amounted 80.94 trillion Yuan in the >>
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European markets mixed on Friday
Mon, 09 Jan 2012 15:50:59 GMT
 
European stocks showed various performance on Friday as German and Italian markets fell while UK experienced an increase. Stoxx Europe 600 Index was slightly up gaining 0.06% or 0.14 points to 247.53 >>
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Aussie declines amid halting retail sales and Euro weakness
Mon, 09 Jan 2012 15:00:32 GMT
 
The Australian domestic currency depreciated against its major counterparts on Monday after data showed national retail sales suddenly decayed in November. Meanwhile Kiwi extended a 3-day decline after country reported its trade deficit >>
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Merkel and Sarkozy meet today to rescue Euro
Mon, 09 Jan 2012 14:59:59 GMT
 
German Chancellor Merkel and French President Sarkozy meet today in Berlin to create a dominant plan for saving the Euro in upcoming three months. Both officials prepare to stretch out a rulebook determining the fiscal >>
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Euro hits 11-year low against Japanese Yen before Merkel-Sarkozy meeting
Mon, 09 Jan 2012 14:59:24 GMT
 
17-nation currency reached 11-year record low against Japanese domestic currency and traded 0.3% from the lowest reading in 16 months before French and German leader meeting today in Berlin. Officials are planning >>
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