Markets
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ECB-driven rally runs out of steam in EuropeJul 27, 2012 6:44 am - LONDON — European markets stabilized Friday after the previous day’s rally, which had been driven by the European Central Bank chief’s pledge to do whatever it takes to ...
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Markets like signal from European Central BankJul 26, 2012 4:00 pm - NEW YORK — It was the buy signal that markets were waiting for. When European Central Bank president Mario Draghi vowed to “do whatever it takes” to keep the continent's...
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Oil down as US supplies swell, SKorea growth slowsJul 26, 2012 7:00 am - BANGKOK — Oil prices fell Thursday in Asia after U.S. crude inventories swelled and a slowdown in South Korea's economy underlined that growth in demand for fuel could r...
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Hopes for ECB action help European marketsJul 26, 2012 6:44 am - LONDON — European stocks recovered Thursday as hopes for central bank action to ease the financial crisis tempered worries that the economic downturn is hurting corporat...
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Oil near $88 ahead of US inventory figuresJul 25, 2012 6:44 am - BANGKOK — Oil was little changed near $88 a barrel Wednesday in Asia ahead of weekly U.S. crude inventory figures that give a reading on the state of near-term demand fo...
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Oil stabilizes as China shows signs of recoveryJul 24, 2012 6:45 am - LONDON — The price of oil stabilized on Tuesday, after sliding the day before on Europe’s deepening debt turmoil, as a survey suggested a recovery in China’s manufacturi...
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Stocks stabilize as China manufacturing shows gainJul 24, 2012 6:40 am - BANGKOK — World stock markets were on firmer footing Tuesday as a sign China’s manufacturing is beginning to recover provided respite from Europe’s deepening debt turmoi...
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Oil falls to near $89 amid Europe, China jittersJul 23, 2012 6:39 am - LONDON — The price of oil sank toward $89 a barrel Monday as a flare-up in Europe’s debt crisis and concern over Chinese economic growth suggested demand for crude will ...
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Spanish bailout fears stalk marketsJul 23, 2012 6:34 am - LONDON — Growing fears that Spain will need to be bailed out hit markets hard Monday, sending stocks around the world sharply lower and the euro down to a fresh two-year...
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Oil below $92 as weak demand, Iran tension weighedJul 20, 2012 7:00 am - Oil slipped below $92 a barrel Friday, after a big jump the day before, as weak demand was weighed against rising Middle East tensions. By early afternoon in Europe, ben...