Archive for December 2012
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Hedge funds are preparing to resist Greece's attempt to cut its debt by holding out against a government bond buyback in the hope of bigger gains further down the line. Greece had to offer a
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Hedge funds are preparing to resist Greece's attempt to cut its debt by holding out against a government bond buyback in the hope of bigger gains further down the line. Greece had to offer a
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Switzerland has signed a deal against tax evasion with the United States, Bern said Tuesday, effectively raising pressure on Swiss banks to hand over information about US nationals with assets here. The agreement, signed Monday
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Eurozone factory prices barely rose in October, echoing the slowing pace in consumer inflation, although the European Central Bank is expected to wait a little longer before cutting interest rates to help the slumping economy.
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Germany and France clashed publicly on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of ECB powers that threatens to derail one of
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Indian shares edged higher on Tuesday, rising for the fifth day in the last six sessions, led by gains in Reliance Industries, on hopes the government will soon approve the company's investment plans for the
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Japan's Nikkei average dipped on Tuesday, retreating from a seven-month closing high hit in the previous session, as weak US manufacturing data triggered profit-taking on exporters, which have lately enjoyed a sharp bounce on a
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US stocks were little changed on Tuesday as the market awaited developments in negotiations in Washington to avert a "fiscal cliff" that could push the US economy into recession. Republicans in Congress proposed steep spending
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US stocks struggled to extend the previous week's gains, dropping on Monday as disappointing US factory numbers dampened optimism about China's economic growth. The declines broke a three-day streak of gains for the S&P 500,
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Taiwan stocks inched up on Tuesday to post a nine-session winning streak, paced by gains in smartphone HTC and Apple Inc suppliers. The main TAIEX index was up 0.01 percent or 1.07 points at 7,600.98,
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