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Archive for the February 20, 2018

  • Stocks, financial and commodity markets in the United States were shut on Monday for Presidents' Day holiday. Markets resume normal trading on Tuesday. Copyright Reuters, 2018

  • Indian shares ended lower on Monday, with sentiment hurt as state-run lenders extended losses over worries about a $1.77 billion fraud disclosed by Punjab National Bank last week that has a bearing on some other

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    • News Desk
    • Feb 20th, 2018
    • Comments Off on Australian shares up; New Zealand slips

    Australian shares closed at a two-week high on Monday, underpinned by gains in financials and healthcare stocks, with investors keeping a close eye on earnings reports. The S&P/ASX 200 index rose 0.6 percent or 37.600

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    • News Desk
    • Feb 20th, 2018
    • Comments Off on Southeast Asian markets: Indonesia hits record closing high

    - Southeast Asian stock markets rose on Monday as global shares extended gains, recovering from a recent selloff sparked by fears of creeping inflation, with Indonesia recording its best close ever helped by financials and

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    • News Desk
    • Feb 20th, 2018
    • Comments Off on Del Monte’s Philippine unit seeks IPO of up to $324 millions

    The Philippine unit of Del Monte Pacific Ltd said last week it plans to go public and raise up to $324 million this year, in what would be the country's largest food and beverage initial

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    • News Desk
    • Feb 20th, 2018
    • Comments Off on Del Monte’s Philippine unit seeks IPO of up to $324 millions

    The Philippine unit of Del Monte Pacific Ltd said last week it plans to go public and raise up to $324 million this year, in what would be the country's largest food and beverage initial

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  • Industrial giant Siemens on Monday said it plans to list its Healthineers medical unit in the first half of 2018, in what is expected to be Germany's largest initial public offering in over two decades.

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  • Industrial giant Siemens on Monday said it plans to list its Healthineers medical unit in the first half of 2018, in what is expected to be Germany's largest initial public offering in over two decades.

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    • News Desk
    • Feb 20th, 2018
    • Comments Off on British shares retreat as Reckitt disappoint

    British shares lost some ground on Monday as weak results from Reckitt Benckiser underlined the murky growth outlook for big consumer goods makers and banking holidays in the US and China slowed European markets. The

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    • News Desk
    • Feb 20th, 2018
    • Comments Off on Spain’s property market recovers pre-crisis levels

    Spain's real-estate market, hit hard when a bubble burst in 2008, has recovered transaction levels last seen before the economic crisis even if property prices still remain lower, official figures showed Monday. Boosted by strong

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