Markets
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Coke to enter Myanmar for first time in 60 yearsJun 17, 2012 8:00 am - NEW YORK — The Coca-Cola Co. plans to start selling its drinks in Myanmar for the first time in 60 years, following the U.S. government's decision to suspend investment ...
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Even with short-term fixes, European future bleakJun 17, 2012 7:35 am - BOSTON — Europe’s on-again, off-again progress in tackling its debt problems has kept U.S. investors on edge for the better part of two-and-a-half years. It seems like t...
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Stocks hit 1-month highJun 15, 2012 4:02 pm - NEW YORK — Stocks recorded their third big gain of the week and closed at a one-month high Friday because of expectations that the central banks of countries around the ...
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Stocks rise as markets look to central bank helpJun 15, 2012 11:00 am - NEW YORK — U.S. stocks are rising in midday trading as investors anticipate action by central banks to head off a deeper European debt crisis. The Dow Jones industrial ...
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World stocks rise amid hopes for central bank helpJun 15, 2012 7:41 am - BANGKOK — World stock markets rose Friday amid expectations that central banks will act to prevent the outcome of Greece’s election this weekend from destabilizing the g...
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Oil edges above $84 on hopes for global stimulusJun 15, 2012 7:39 am - The price of oil edged up to above $84 a barrel Friday on hopes that central banks stand ready to support global financial markets in case of turmoil following Greece’s ...
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World stocks fall on European contagion concernJun 14, 2012 7:00 am - MILAN — World stock markets sank Thursday amid ominous signs that debt market turmoil roiling Spain is threatening Italy, which as the eurozone’s third-largest economy i...
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Oil hovers below $83 ahead of OPEC policy meetingJun 14, 2012 7:00 am - The price of oil hovered below $83 a barrel Thursday as markets awaited an announcement from OPEC, where some members were pushing for the group to cut crude production ...
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Asian stocks rise, gains limited by crisis fearsJun 13, 2012 7:40 am - HONG KONG — Asian stocks were mostly higher in choppy trading on Wednesday following a big rally in U.S. markets, though gains were limited by persistent worries over Eu...
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Oil hovers above $83 as traders eye OPEC meetingJun 13, 2012 6:58 am - SINGAPORE — Oil hovered above $83 a barrel Wednesday in Asia amid speculation OPEC will likely leave its production quotas unchanged at this week’s meeting. Benchmark oi...