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Expert: Glitches in Markets Can Hurt Confidence 27 Aug 2013 | 12:58 pm
The latest high-tech disruption in the financial markets ratchets up the pressure on Nasdaq and other electronic exchanges to take steps to avoid future breakdowns and manage them better if they do oc...
Indonesia announces steps to stem currency slide 23 Aug 2013 | 02:43 pm
JAKARTA, Indonesia (AP) — Indonesia has announced measures to reduce its current account deficit as Southeast Asia’s largest economy suffers a slumping currency and stock market. Coordinating Minister...
Stock futures buoyed by signs of strength overseas 22 Aug 2013 | 06:15 pm
NEW YORK (AP) — Encouraging news from Europe and China sent stock futures higher despite another round of bleak earnings reports from U.S. retailers. Dow Jones industrial futures are up 51 points to 1...
Portugal raises $1.34 billion amid recovery hopes 21 Aug 2013 | 04:39 pm
LISBON, Portugal (AP) — Portugal has raised 1 billion euros ($1.34 billion) in short-term debt amid signs the country’s deep recession has bottomed out. The government debt agency said Wednesday it so...
Oil extends gains above $107 amid Egypt turmoil 19 Aug 2013 | 02:18 pm
BANGKOK (AP) — The price of oil rose Monday as the political turmoil in Egypt dragged on. Benchmark oil for September delivery was up 14 cents to $107.60 per barrel at midday Bangkok time in electroni...
Moller-Maersk hit by global downturn in Q2 16 Aug 2013 | 02:34 pm
COPENHAGEN, Denmark (AP) — Denmark’s shipping and oil group A.P. Moller-Maersk says a drop in freight rates and lower oil production dented its second-quarter profit. Net profit in the period fell 13 ...
Eurozone’s longest-ever recession comes to an end 14 Aug 2013 | 05:13 pm
MADRID (AP) — Minube, a travel startup on the outskirts of Madrid, is doing something that many Spanish companies haven’t thought about for years: It’s hiring. The company, which sells bookings as it ...
Oil nearly $106 after China shows recovery signs 12 Aug 2013 | 02:32 pm
BANGKOK (AP) — The price of oil rose slightly Monday after improved Chinese economic data last week suggested demand for crude might increase. Benchmark oil for September delivery was up 2 cents to $1...
An early gain fades on Wall Street 9 Aug 2013 | 03:04 pm
NEW YORK (AP) — An early rally on Wall Street fizzled, leaving the stock market slightly higher in midday trading Thursday. Miners and other companies that make basic materials surged after news that ...
Futures dip on smattering of weak corporate earns 7 Aug 2013 | 05:15 pm
NEW YORK (AP) — Weak earnings and few economic indicators to counter them are pushing stock futures lower. Dow Jones industrial futures have given up 55 points to 15,419. S&P futures are down 5.2 poin...
