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Investment NewsDefensive mood benefits dollarThe US currency was given a boost this week after investors became a little more uncertain about the prospects for economy following Thursday's US jobs report
Categories: Investment News
Crude slips further in holiday tradeOil slipped further on Friday amid light trading as bleak US jobs data continued to weigh on the market
Categories: Investment News
EDF's samurai bond raises Japanese spiritsJapan's samurai bond market showed further signs of rejuvenation as EDF of France became the first non-financial company to sell such bonds since the collapse of Lehman Brothers
Categories: Investment News
BaWang bubbles over on debutSigns of a frenzy building among Chinese investors emerged on Friday when a herbal shampoo maker saw its shares surge by a third on their debut after part of the issue was 446 times subscribed
Categories: Investment News
Overview: US jobs data lead equities lowerGlobal markets began the second half of the year nervously after signs that the economic recovery, which many were predicting to be around the corner, may yet be some way off
Categories: Investment News
Reed Elsevier climbs amid talk of unit revampThe scientific and business information publisher was among the few points of interest in the London market, which closed flat on Friday
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Shanghai breaks 3,000 barrierProperties led the advance as Chinese stocks jumped past the 3,000 mark this week for the first time in 13 months
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Investors await clearer guidanceEuropean bourses ended in the red for the third consecutive week, as investors sat on their hands and waited for second-quarter results to guide the market
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S Korea fund aims to revive investmentSouth Korea says it would launch a Won5,000bn fund together with state-run banks and pension funds as the government calls for more aggressive corporate spending
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Technical glitch hits NYSEUS traders hoping for a quick getaway ahead of the Independence Day weekend had to delay travel plans after a system problem stalled trading at the New York Stock Exchange
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Dollar picks up haven supportThe dollar and yen gained steadily on Thursday as risk aversion pushed investors towards haven currencies following the release of US jobs data
Categories: Investment News
Jobs report slams stocksStocks tumbled Thursday, with the Dow losing 212 points, after a worse-than-expected jobs report hammered hopes that the economy is close to stabilizing.
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Bonds higher after jobs data disappointBond prices turned higher Thursday after June job losses in a government report were much worse than expected, shaking recovery hopes.
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Overview: US jobs data sideline risky investmentsInvestors recoiled from more daring assets after a sharp drop in US employment set back hopes for a quick revival of the world's largest economy
Categories: Investment News
Jobs data dash recovery hopesThe US economy shed another 467,000 jobs last month, signalling aggressive government stimulus measures are failing to unshackle the labour force from the grips of the recession, official figures showed
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Wall Street slides on jobs reportUS stocks took a pounding, with the benchmark S&P 500 index turning negative for the year as investors reacted to data showing many more people lost their jobs in June than expected
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Oil's record high, one year laterOne year ago, on July 3, 2008, oil prices settled at a record high -- a once-unthinkable $145.29 a barrel
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WPP leads FTSE slide as Citigroup turns cautiousThe media group led the market sharply lower
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Oil settles below $67 on economic concernsRead full story for latest details.
Categories: Investment News
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