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Archive for  December 2012

  • Seoul shares eased marginally on Friday, pulling back from a three-week high seen in the previous session, as concerns over US political wrangling for a deal to avert a "fiscal cliff" hung over the South

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  • US government debt prices rose on Thursday on safe-haven demand from investors nervous about the lack of progress in budget talks in Washington. A mildly disappointing report on US economic growth, together with the Federal

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  • US government debt prices rose on Thursday on safe-haven demand from investors nervous about the lack of progress in budget talks in Washington. A mildly disappointing report on US economic growth, together with the Federal

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  • Indian shares ended higher for the fourth day in a row after weak GDP data raised hopes of some monetary easing at the next central bank meeting on December 18. The Indian economy extended its

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on European shares enjoy sixth straight monthly gain

    European stocks ended slightly down on Friday while posting solid monthly gains, as investors bet the worst of Europe's debt crisis is over and that a US budget deal will be reached before the year-end.

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on Southeast Asian stocks: Bangkok at 16-1/2 years high

    Thai shares hit a 16-1/2 years closing high on Friday, racking up gains for a sixth straight month, as institutional investors bought big caps while most other Southeast Asian stock markets edged up on positive

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  • Australian shares rallied 0.6 percent on Friday to reach a fresh three-week high, bolstered by shares in miners and banks as firmer metals prices and a stronger close on Wall St helped the local market

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  • Britain's top share index was modestly lower on Friday, volatile on the last day of the month, mirroring its November performance as US budget concerns dominated. The FTSE 100 closed down 3.48 points, or 0.1

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    • News Desk
    • Dec 1st, 2012
    • Comments Off on Sterling falls to five-week low versus euro

    Sterling fell to a five-week low against a broadly firmer euro on Friday after approval of the latest bailout deal by German lawmakers, while concerns about the UK economy left it vulnerable. The euro rose

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  • The yen dropped on Friday after month-end selling from Japanese firms triggered more stop-loss selling, but concerns about the deadlock over the US "fiscal cliff" helped to keep it above last week's 7-1/2-month low versus

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