Sterling hit a 5-month high against a broadly weaker euro on Wednesday after a jump in consumer inflation the previous day bolstered expectations the central bank's quantitative easing would pause next month. Bank of England

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The Indian rupee dropped 0.3 percent on Wednesday, off a two-week low struck during trade, as the dollar's rise against major currencies triggered demand for the US currency from importers such as oil refiners. "The

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The euro hit five-month lows against a broadly stronger dollar on Wednesday as concern over Greek public finances pushed the single currency decisively below a key support level and triggered widespread selling. The dollar hit

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Indonesia hit a 22-month high on Wednesday as financials and telecoms attracted buying interest because of optimism over the global economy, while Malaysia scaled a similar peak as earnings hopes pushed up Axiata. Indonesia's stock

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Kuwait's parliament gave initial approval on Wednesday to a bill that would mandate the formation of an independent regulator for the emirate's stock market. The 48 members present, including cabinet ministers, voted unanimously for the

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US stocks were having their worst day of 2010 on Wednesday as lending restrictions in China worried investors about the global economic recovery, while a conservative outlook from IBM weighed down technology shares. Official media

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Asian debt spreads narrowed on Wednesday, as Wall Street's upbeat finish overnight lifted investors' appetite for the region's riskier securities, helping Philippine bonds extend gains on easing supply concerns. The Asia ex-Japan iTraxx investment-grade index

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Asian debt spreads narrowed on Wednesday, as Wall Street's upbeat finish overnight lifted investors' appetite for the region's riskier securities, helping Philippine bonds extend gains on easing supply concerns. The Asia ex-Japan iTraxx investment-grade index

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Indian shares shed 0.1 percent on Wednesday, dropping for a second consecutive day on shaky global equities. Energy majors Oil & Natural Gas Corp and Reliance Industries led the fall. Reports of bank lending restrictions

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Major stock markets outside the United States ended on Wednesday. EUROPEAN STOCKS EXCHANGE: European shares hit a three-week closing low as banks came under pressure after worse-than-expected earnings from Bank of America and Morgan Stanley

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