Archive for the May 4, 2017
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China's central bank injected 506.39 billion yuan ($73.43 billion) into the financial system via short- and medium-term liquidity tools in April, down 18 percent from the previous month, sigalling a bid to rein in rapid
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Australia's central bank held rates steady for a ninth straight month on Tuesday in a widely expected decision as it balances the risk of rising household debt against subdued inflation and wages growth. The Reserve
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Roughly 90 percent of the extra cash injected by the European Central Bank to boost the euro zone's economy is piling up in five of the bloc's wealthiest countries, an ECB study showed on Tuesday.
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The ultra-loose monetary policy environment in some regions is raising the risk of a new global financial crisis, German Finance Minister Wolfgang Schaeuble said on Tuesday, urging a timely exit strategy. Record-low European Central Bank
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The ultra-loose monetary policy environment in some regions is raising the risk of a new global financial crisis, German Finance Minister Wolfgang Schaeuble said on Tuesday, urging a timely exit strategy. Record-low European Central Bank
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Brazil's trade surplus rose to $6.969 billion last month, government data showed on Tuesday, a record for a month of April as prices for main exports such as soy, iron ore and oil rose. Economists
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US auto giant General Motors is poised to become the first manufacturer to make a profit from electric vehicles, a GM executive predicted on Monday. The company leads the pack in reducing the cost of
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New Zealand's jobless rate fell close to eight-year lows in the first quarter, taking its employment rate to the rich world's second highest, but even that was unlikely to dilute the central bank's determination to
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French bank BNP Paribas said Wednesday it got off to a good start in 2017, with the strength of the financial markets enabling it to notch up "solid" results in the first quarter. It said
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Apple reported a rise in quarterly profits Tuesday, but its shares took a hit from weaker iPhone sales ahead of a 10-year-anniversary model on the horizon. Apple said its profit climbed 4.9 percent to slightly
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