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- April 8 (Bloomberg) -- Emerging-market stocks dropped by the most in seven days as oil and metals prices declined and the deepening global recession cut earnings. The MSCI Emerging Markets Index lost 1.8 percent to 605.14 at 10:04 a.m. in London ...
- WASHINGTON - Consumer borrowing plunged more than expected in February as Americans reduced their use of credit cards by a record amount. The Federal Reserve said Tuesday that consumer borrowing dropped at an annual rate of $7.5 billion in February ...
- LONDON - More U.S. data showing swollen crude stocks pushed oil below $48 a barrel on Wednesday, and analysts said there was little sign demand would soon rise to soak up the excess. Crude oil storage in the world's biggest energy consumer the United ...
- April 8 (Reuters) - The French trade deficit hit 4.1 billion euros in seasonally adjusted terms in February compared with a revised 3.7 billion euros the previous month, the customs office said on Wednesday. In a separate release, the Bank of France ...
- HONG KONG/SEOUL, April 8 (Reuters) - South Korea increased the size of a dollar bond by as much as 50 percent to $3 billion after bowing to demands for higher returns to lure investors in the increasingly crowded global market for government debt ...
- WASHINGTON — Consumer borrowing plunged more than expected in February as Americans cut back their use of credit cards by a record amount. The Federal Reserve said Tuesday that consumer borrowing dropped at an annual rate of $7.48 billion in ...
- WASHINGTON - Consumer borrowing plunged more than expected in February as Americans cut back their use of credit cards by a record amount. The Federal Reserve said Tuesday that consumer borrowing dropped at an annual rate of $7.48 billion in February ...
- A number of Pennsylvania lawmakers have begun the process of reining in non-bridge spending by the Delaware River Port Authority (DRPA). Legislation that would strip the DRPA of its “economic development” authority was introduced in Harrisburg ...
- THE GOVERNMENT is holding separate discussions with the governments of Kuwait and Brunei with the aim of luring them to invest in the proposed Halal projects in Mindanao, the Agriculture department said in a statement Wednesday. The department has ...
- The dollar got up off the mat and the industrial commodities paid the price. The confidence that was creeping back into the marketplace seemed to be shaken a bit in yesterday’s trading session. Talk that the International Monetary Fund was getting ...
- April 8 (Bloomberg) -- The yen and the dollar advanced against higher-yielding currencies as Asian stocks extended a worldwide decline, increasing demand for a refuge from the global financial turmoil. The yen rose versus all 16 of the most-active ...
- With $11 Trillion in national debt and growing, the government is still borrowing cash, and a lot of it. See who's got the most of it. General Motors is in "intense" and "earnest" preparations for a possible bankruptcy filing, a source familiar with ...
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MEXICO CITY, April 7 (Reuters) - Mexico's peso hit a three-month high on Tuesday, supported by expectations that international credit lines would reduce currency volatility, while stocks fell on concerns of a weak earnings season. The peso
- Rupee rises 0.8 pct on dollar inflows before sliding * State banks' dlr bids controls exchange rate-traders * Sri Lanka's growth could hit 8-yr low of 2.5 pct-cbank * Country's BOP hit deficit of $1.23 billion in '08 By Shihar Aneez and Ranga Sirilal ...
- The most effective weapons are often the ones never used. Just ask French President Nicolas Sarkozy. In advance of the G-20 summit held in London last week, Sarkozy threatened to storm out of the talks if hedge funds weren't put on a tight leash as ...
- The Australian and New Zealand dollars posted a fifth weekly gain as equities strengthened globally on efforts by world leaders to end the financial crisis. The currencies touched their highest since January earlier after governments pledged more ...
- Barclays on Thursday raised its first-quarter earnings outlook on Goldman Sachs ( GS.N ) to $1.70 a share from 80 cents, but forecast a loss of $1.30 a share for Morgan Stanley ( MS.N ). It previously saw earnings of 24 cents a share. The firm ...
- Mitsu Yasukawa/The Star-Ledger Exterior view of Xanadu color scheme at Meadowlands in East Rutherford during construction in March 2008. Once touted as a key economic engine for North Jersey, the Meadowlands Xanadu project is on the rocks with retail ...
- This report analyzes the global market for Cancer Therapies in US$ Billion. The specific product segments analyzed are Chemotherapy, Targeted Therapy, Hormonal Therapy, and Immunotherapy. Annual forecasts for the global market is provided for the ...
- March 31 (Bloomberg) -- In credit markets Federal Reserve Chairman Ben S. Bernanke says are broken, the best investment in the first quarter was newly issued corporate bonds. Buyers earned an average of 2.4 percent, or about $8.5 billion, as the debt ...
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