Browsing Category News
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SEC and exchanges agree to bolster circuit breakers
US market watchdogs and six major exchanges have agreed that new safeguards were needed to curb trading when markets are plunging, including circuit breakers for individual stocks,... -
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ECB to buy eurozone bonds to fight crisis
The European Central Bank will buy eurozone government bonds to help support fractured markets, abandoning firm resistance to full-scale asset purchases in light of Greece’s debt... -
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Freddie Mac seeks more government funds
Freddie Mac, the second-largest provider of US residential mortgage funds, has asked for an additional $10.6bn in federal aid after it lost $8bn in the first quarter. The company w... -
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Indonesia finance minister quits; could affect reform
Indonesian Finance Minister Sri Mulyani Indrawati, a key reformer in Southeast Asia’s biggest economy, is leaving office in what could be a major blow to a crackdown on graft and... -
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BOJ says to seek ways to support economy
The Bank of Japan has said it needs to do more to foster economic growth and renewed its commitment to ultra-loose monetary policy even as it forecast consumer prices would start r... -
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Goldman CEO says has board’s support
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein told American television recently that he retains the support of the board as well as support from clients since the SEC acc... -
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Impact of expected China-Taiwan trade deal
Taiwan and China aim to sign a landmark free trade-style agreement by June aimed at bringing the political rivals closer while opening the often-isolated island’s $390bn economy ... -
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China market access more critical to US firms
US firms working in China are more concerned about regulatory and policy issues than about pushing China to revalue its currency, the head of the American Chamber of Commerce said ... -
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Greek PM requests activation of EU/IMF aid package
Greek Prime Minister George Papandreou asked for the activation of an EU/IMF aid package on April 23 aimed at pulling the nation out of a debt crisis. “It is a national and imper... -
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Kiwis: Economy picking up, fiscal pressures remain
New Zealand is growing more strongly than expected but the recovery is still patchy and the government will face high deficits and borrowing for several years yet, Finance Minister...
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