Archive for  January 2010
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Higher sales of automotive products pushed Canadian wholesale trade up by 2.5 percent in November from October, a leap that far exceeded expectations and indicated the worst of the recession may be over. The median
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Suzuki Motor's chief executive indicated Thursday that he would oppose any move by Germany's Volkswagen to lift its stake in the Japanese group above 20 percent. As Suzuki becomes more successful, "it is only natural
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A new stand-by loan between Turkey and the IMF would boost growth and create jobs but was not essential, Economy Minister Ali Babacan said in comments that dented hopes of a deal and hit the
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Toronto's main stock index retreated broadly on Wednesday as commodity prices tumbled on fears that bank lending curbs in China could slash demand, while US earnings reports undermined confidence. The lending restrictions in China triggered
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Taiwan stocks fell 1.13 percent to a three-week closing low on Thursday as China's strong growth reinforced fears Beijing would take more tightening measures, hurting Mediatek and other firms reliant on the Chinese market. The
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The Dow suffered its worst drop of 2010 on Wednesday as US stocks succumbed to fears that China's curbs on bank lending might jeopardise the global economic recovery, while IBM's outlook sparked caution about the
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Seoul shares turned higher on Thursday with sentiment helped by strong Chinese economic data, with LG Display and Hynix advancing following their quarterly results and outlook comments. The Korea Composite Stock Price Index (KOSPI) finished
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US Treasuries rose on Wednesday, sending yields to one-month lows as falling stocks and worries over Greece's fiscal troubles boosted demand for safe-haven government debt. Wall Street fell 1 percent on worries that new lending
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US Treasuries rose on Wednesday, sending yields to one-month lows as falling stocks and worries over Greece's fiscal troubles boosted demand for safe-haven government debt. Wall Street fell 1 percent on worries that new lending
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Hong Kong stocks fell 1.99 percent to their lowest level in more than three months on Thursday, as investors exited Chinese banks and property stocks after strong economic data from China reignited fears of further
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