Markets
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Oil drops below $98 on US demand, Europe votesMay 07, 2012 6:22 am - SINGAPORE — Oil slid below $98 a barrel Monday in Asia, bringing its fall over three trading days to about 7 percent, as a slowdown in U.S. hiring and election resu...
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Report: Facebook stock to price up to mid $30sMay 05, 2012 6:00 am - NEW YORK - Facebook is seeking a valuation of $85 billion to $95 billion when it goes public in a few weeks, according to a published report. The Wall Street Journal, c...
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Hiring slowdown sends the stock market reelingMay 04, 2012 5:09 pm - NEW YORK — Stocks plunged Friday after the government reported that hiring slowed sharply last month. The report confirmed investors’ fears that the U.S. econo...
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Oil trades near two-week low on U.S., Europe economic concernMay 04, 2012 6:52 am - Oil traded near a two-week low in New York, heading for a weekly decline, as worse-than-forecast U.S. economic data and concern that Europe’s outlook is faltering booste...
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Dollar rises after US, Europe jobs dataMay 03, 2012 1:16 pm - NEW YORK — The dollar rose against most major currencies Wednesday on disappointing jobs data from Europe and the U.S. Traders tend to buy what they consider safer curr...
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Crude oil extends biggest decline in two weeks on jobs, suppliesMay 03, 2012 6:50 am - Oil fell, extending the biggest decline in two weeks, as worse-than-forecast employment data underscored weakness in the global economy and U.S. crude stockpiles increas...
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European markets edge up ahead of ECB statementMay 03, 2012 6:00 am - LONDON - European stocks pushed ahead Thursday after cash-strapped Spain got through another set of bond auctions unscathed and ahead of the latest policy statement from...
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Oil falls below $106 after mixed US supply reportMay 02, 2012 6:56 am - SINGAPORE — Oil prices fell to below $106 a barrel Wednesday in Asia after a report showed U.S. crude supplies grew for a sixth week while gasoline inventories fell. Ben...
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World stocks rise as U.S. manufacturing improvesMay 02, 2012 6:00 am - BANGKOK — World stock markets rose Wednesday, emboldened by a burst of manufacturing growth in the U.S. and data suggesting China was likely to avoid an abrupt economic ...
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Nikkei down sharply as many markets take holidayMay 01, 2012 7:12 am - BANGKOK — Japan’s Nikkei 225 fell Tuesday amid a stronger yen, but elsewhere markets headed up in holiday-thinned trading amid data showing factory output in China growi...