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US stocks move higher with one session left
Fri, 30 Dec 2011 08:58:20 GMT
 
US stocks traded higher on Thursday as the number of long-term jobless claims indicated positive trend for US employment level. Dow Jones Industrial Average gained 1.12% or 135.63 points closing at 12,287.04. S&P >>
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Chinese manufacturing slows down further
Fri, 30 Dec 2011 08:57:32 GMT
 
In December China Purchasing Managers' Index dropped to 48.7, compared to preliminary reading of 49.0, said HSBC who issued the survey. Level below 50 is indicating contraction. The survey showed the weakest reading >>
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US pending house sales surge to 19-month high
Fri, 30 Dec 2011 08:45:48 GMT
 
US pending home sales increased essentially in November, approaching 19-month high. The pending home sales index jumped by 7.3% last month while analysts expected only 1.5% increase, reported the National Association of Realtors. >>
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Asian stocks recover on last trading session for 2011
Fri, 30 Dec 2011 08:36:27 GMT
 
On Friday Asian markets managed partly recover from previous days' losses and traded higher on the last trading session in 2011. Japan's Nikkei Stock Average and Hong Kong's Hang Seng Index each gained >>
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South Korean industrial output sinks on dismal domestic demand
Thu, 29 Dec 2011 15:06:40 GMT
 
South Korean factory output decreased last month on the weaker demand in the country. The output declined by 0.4% in November on a monthly basis, beating the expectations of analysts. Spending on >>
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German inflation slows down amid debt crisis
Thu, 29 Dec 2011 15:04:49 GMT
 
Germany's inflation rate decreased in December as European region's sovereign debt turmoil is hurting economic expansion. The inflation rate fell from 2.8% in November to 2.4% in current month. The >>
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Nikkei 225 slightly down by 0.3%
Thu, 29 Dec 2011 15:02:56 GMT
 
On Thursday Japan's Nikkei Stock Average fell 0.29% or 24.73 points and closed at 8,398.89 as export dependent companies tumbled on European anxiety. Japan's technology exporters were the main losers in Tokyo, affected >>
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Dow Jones tumbles amid a day before Italian bond auction
Thu, 29 Dec 2011 15:02:17 GMT
 
Dow Jones Industrial Average edged down 1.14% or 139.94 points to 12,151.41 as investors were concerned about forthcoming Italian 10-year bond auction on Thursday. All 30 of blue chip's constituents declined. Nevertheless Dow >>
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Hang Seng extends losses on Thursday trade
Thu, 29 Dec 2011 15:02:10 GMT
 
Hong Kong's Hang Seng Index lost 0.65% or 120.75 points and finished at 18,397.92, as investors remained cautions before Italian bond auction. Commodity companies extended previous days' losses as China Coal Energy Co. >>
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Loonie weakens as Canadian stocks decline amid European concern
Thu, 29 Dec 2011 15:01:30 GMT
 
Canadian Dollar depreciated as nation's stocks fell after ECB's balance sheet rallied to a record high bolstering fears fiscal crisis can hurt economic growth. Canadian domestic currency fell 0.6% to C$1.0244 per US >>
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Italy sells bonds worth 7 bn Euros
Thu, 29 Dec 2011 15:01:00 GMT
 
Italy auctioned government notes worth 7 bn Euros and nation's borrowing costs declined. Treasury in Rome managed to sell 2.5bn Euros of offered 3 bn Euros in 2-year bonds at yield of >>
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S&P 500 down for 2011
Thu, 29 Dec 2011 15:00:35 GMT
 
S&P 500 experienced a sharp decline on Wednesday as investors were concerned about Thursday's Italian long-term debt auction. US benchmark index slipped 1.25% or 15.79 points to 1,249.64 and drove into negative area >>
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Iberia cancels 118 flights due to pilot strike
Thu, 29 Dec 2011 14:59:39 GMT
 
Iberia announced it cancelled 118 flights scheduled today due to pilot strike. Pilots are protesting to launch of new low cost unit as setting up such unit contradicts to Iberia collective agreement. >>
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Sugar futures ease down on the bigger Russia's output
Thu, 29 Dec 2011 14:57:45 GMT
 
Sugar futures eased down in the year-end trade amid the firmed USD and ample supplies due to Russia's report on the sugar output approaching a record high of 5.1 million metric tons. >>
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Hungary sees increase in 10-year bonds' interest rates to 9.7%
Thu, 29 Dec 2011 14:55:56 GMT
 
Hungary sold 15bn forints on the debt auction as compared to government's target of 18bn forints. The country already negotiates refinancing package with the IMF and EC. However, the talks were prolonged >>
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