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Germany sold 4.1B euros of 10-year bonds
Wed, 04 Jan 2012 17:23:24 GMT
 
The Germany's government sold about 4.1 billion euros of debt during today's auction. The Bundesbank got the bids amounting 5.14 billion euros; bids surpassed the supply 1.3 times. The yield on the >>
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Ecuador wants Chevron to pay $18.2bn damages
Wed, 04 Jan 2012 17:21:27 GMT
 
Ecuador's court supports the claim that Chevron has to pay $18.2bn instead of $8.6bn previously agreed as compensation for Amazon oil pollution. The company denies accusations. Initially, Texaco was charged for dumping >>
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Ireland's real estate prices at record low
Wed, 04 Jan 2012 17:20:45 GMT
 
Ireland's real estate prices fell to the lowest level since 2000. Home prices in Dublin lost 65% in the last five years with 60% price decline across country over the period. The >>
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Qingdao Kingking Group sees mining opportunities in Africa
Wed, 04 Jan 2012 17:19:55 GMT
 
Qingdao Kingking Group will provide $100 million to develop copper and gold mines worldwide over the next three years. The company plans to purchase 100 square kilometers mine in Mozambique. The company's >>
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Fed to release expected interest rates
Wed, 04 Jan 2012 17:19:13 GMT
 
US Fed announced it plans to publish interest rates projections to improve transparency in the central bank. The move will allow the public to see how the Fed expects the rates to >>
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Expansion of gulf airlines may slow down
Wed, 04 Jan 2012 17:18:26 GMT
 
Gulf airlines faced less optimistic growth in 2011 due to global slowdown that made the expansion of the industry more complicated and caused delays in deliveries. Surging oil prices and tensions in >>
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China: power shortages to continue
Wed, 04 Jan 2012 17:17:08 GMT
 
China is likely to experience power shortfalls in 2012 with coal prices increasing after expiration of the government control. Experts predict energy shortage to vary in a range between 8 million kW >>
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Natural gas falls below USD3.00
Wed, 04 Jan 2012 17:16:24 GMT
 
Natural gas prices dropped below USD3.00 per million British thermal units as increasing inventory level persists to impact market sentiment. Natural gas futures for February delivery traded at USD2.968 per million British thermal >>
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Natural gas falls below USD3.00
Wed, 04 Jan 2012 17:16:24 GMT
 
Natural gas prices dropped below USD3.00 per million British thermal units as increasing inventory level persists to impact market sentiment. Natural gas futures for February delivery traded at USD2.968 per million British thermal >>
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Swiss bank fires employee who leaked data on FX deals
Wed, 04 Jan 2012 17:14:27 GMT
 
Swiss bank dismissed an employee who leaked confidential data on currency deals of the wife of the Swiss National Bank president. The employee who worked as IT specialist admitted his guilt. The >>
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Indonesia the most successful emerging market
Wed, 04 Jan 2012 17:13:16 GMT
 
Indonesia was the only emerging stock market that saw real gains last year. The world saw a 20% decline in MSCI and downturn in the developed economies. Indonesia saw surging growth last >>
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Romney won first Republican caucuses
Wed, 04 Jan 2012 17:12:46 GMT
 
Mitt Romney has won lowa Republican caucuses on Wednesday morning, said the chairman of Republican Party. Romney's victory was a stimulus to his campaign aimed at Republican presidential nomination. Romney got only eight >>
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China's Yuan attains new high
Wed, 04 Jan 2012 17:11:19 GMT
 
China's Yuan appreciated by 8 basis points against the USD and hit the record level of 6.3001, reported China Foreign Exchange Trading System. On China's foreign exchange spot market the Yuan is >>
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Next sales meet target
Wed, 04 Jan 2012 17:10:42 GMT
 
Next announced its sales during autumn and pre-Christmas time met the target as they were supported by strongly performed online business. The sales between August and the end of December increased by >>
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Gold edges higher on expected Fed easing
Wed, 04 Jan 2012 17:10:10 GMT
 
Gold futures approached two-weeks high on the hopes for Fed decision on QE and increased tensions over the Iranian nuclear programme. COMEX gold futures for delivery in February traded at USD1,613.85 a >>
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