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Rise in Asian Shares Due to Federal Minutes Slowed Down by China
Asian shares witnessed a considerable increase on Thursday following the minutes of the Federal Reserve which managed to raise market anticipation for further financial stimulus. But any gains generated were trimmed by a less than satisfactory reading from a survey conducted on Chinese manufacturing operations.
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Japanese economy on a recovery path while other countries still worry the global slowdown
According to the reports released by a popular Business Magazine on Monday, the economy of Japan led by the robust reconstruction and spending of the consumers is still recovering after the country was hit by an earthquake only last year. The government reported on Monday that there are still signs that show a slowdown in the economies of the global market. This factor of slowing down of economy is spreading and it poses a threat to the market all over the world.
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RBA will hold on to 4.75% interest rate; Governor Glenn Stevens
Representative of the lowered economic outlook for Australia, given Europe’s debt crisis and economic slowdown in China and India, the Governor of the Reserve …
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OPEC meeting to focus on output quotas and triple-digit oil prices
The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in …
