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US shares decline on Friday
Mon, 09 Jan 2012 07:53:35 GMT
 
US stocks mostly fell on Friday as the sharp drop of Euro against the greenback offset gains from better than expected US employment data. Dow Jones Industrial Average lost 0.5% or 55.78 points >>
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Asian markets lower as European worries endure
Mon, 09 Jan 2012 07:52:56 GMT
 
Most Asian stocks traded lower on Monday as renewed concerns about the Euro Zone debt trouble weighted on Euro, pushing it down to $1.2687. Hong Kong's Hang Seng Index lost 0.8%, Australia's S&P/ASX >>
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US unemployment fell to 8.5% in December
Fri, 06 Jan 2012 15:49:27 GMT
 
US employers managed to exceed expectations in creating new jobs adding more than 200,000 new jobs in December. The unemployment rate declined to 8.5%, hitting three-year low while the salaries and working >>
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Canadian unemployment rate hits 7.5% in December
Fri, 06 Jan 2012 15:49:20 GMT
 
Canadian unemployment rate increased more than expected in December. The rate hit 7.5% on the seasonally adjusted basis as compared to 7.4% in November, reported Statistics Canada. Experts predicted the unemployment rate to >>
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Italian 10-year bond yields bounced above 7%
Fri, 06 Jan 2012 15:49:10 GMT
 
Spanish and Italian 10-year bonds saw an increase in yields by 5 basis points to 5.63% and by 16 basis points to 7.11%, respectively as traders await bond auction of both countries >>
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Deutsche Bank lowers metals' price forecast for 2012
Fri, 06 Jan 2012 15:48:57 GMT
 
Deutsche Bank AG cut the forecast for metals' prices for this year citing negative economic outlook and high probability of firmer dollar. Industry metals faced the most essential cuts with nickel's expected price >>
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Germany's factory orders declined by 4.8%
Fri, 06 Jan 2012 15:48:47 GMT
 
Germany's factory orders decreased more than expected in December. The orders declined by 4.8% on a seasonally adjusted basis from 5.2% increase in November, reported Bundesministerium für Wirtschaft und Technologie. Experts predicted the >>
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Retail sales in the Euro Zone faced 0.8% decline in November
Fri, 06 Jan 2012 15:48:34 GMT
 
Retail sales in the Euro Zone decreased by 0.8% in November on a monthly basis after adding 0.1% in the preceding month, reported Eurostat. The volume of sales declined by 2.5% in >>
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Coffee exports attained 7.78 million bags in November
Fri, 06 Jan 2012 15:48:23 GMT
 
Worldwide coffee exports achieved 7.78 million bags in November from 7.75 million a year before, reported ICO. However, global coffee exports declined by 3% in the period between October and November as >>
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Switzerland's CPI decreases by 0.2% in December
Fri, 06 Jan 2012 15:48:04 GMT
 
Swiss CPI decreased more than initially projected in December, according to official data. The indicator remained at minus 0.2% seasonally adjusted unchanged from November, reported Swiss Federal Statistical Office. Experts expected the consumer >>
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HSBC cuts gold price forecast to $1,850
Fri, 06 Jan 2012 15:47:53 GMT
 
HSBC cut its gold price forecast to $1,850 from $2,025 for this year and to $1,800 an ounce from $1,850 for 2013. The bank did not changed the forecast for the >>
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Euro Zone unemployment rate steady at 10.3% in November
Fri, 06 Jan 2012 15:47:32 GMT
 
Euro Zone's unemployment rate remained steady at the record high of 10.3% seasonally adjusted in November, reported Eurostat. The number of people unemployed jumped by 45,000 in November to 16.372 million. The unemployment >>
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HTC profits lost 26% in Q4
Fri, 06 Jan 2012 15:47:20 GMT
 
HTC Corp announced the 26% drop in profit to NT$11.02 billion in Q4 citing increased competition and weak global demand. The revenue for the period decreased by 2.5% to NT$101.42 billion from >>
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Japan Airlines to relist shares to Tokyo Stock Exchange
Fri, 06 Jan 2012 09:07:15 GMT
 
Japan Airlines is planning to relist its shares to the Tokyo Stock Exchange as one of the steps towards recovery after bankruptcy. JAL is likely to sell shares totaling between 500B yen >>
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Gasoline prices start year at $3.28 per gallon
Fri, 06 Jan 2012 09:06:11 GMT
 
Gasoline prices started 2012 with the all-time high of $3.28 per gallon, reported AAA Daily Fuel Gauge. Analysts expect the commodity to be extremely volatile this year. The record high price will >>
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