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Expert: Glitches in Markets Can Hurt Confidence 27 Aug 2013 | 01:01 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...
Greek bailout talk ruffles German election 22 Aug 2013 | 06:21 pm
BERLIN (AP) — Chancellor Angela Merkel’s opponents are assailing her credibility after her finance minister said Greece will need a third bailout package — injecting Europe’s debt crisis for the first...
Markets subdued ahead of Fed minutes 21 Aug 2013 | 05:11 pm
LONDON (AP) — Markets were subdued Wednesday ahead of the publication of the minutes to the last policy meeting of the U.S. Federal Reserve, which could provide further insights as to when the central...
Asia stocks flat as traders await next Fed step 19 Aug 2013 | 02:22 pm
BANGKOK (AP) — Asian stock markets were little changed Monday as traders weighed the consequences of an anticipated phasing out of the U.S. central bank’s unprecedented stimulus program. The Federal R...
World stocks down as jobs data reinforce Fed shift 16 Aug 2013 | 02:44 pm
BANGKOK (AP) — Expectations that the U.S. Federal Reserve will start to phase out its monetary stimulus had a mostly negative impact on global stock markets Friday. A fall in weekly U.S. jobless claim...
Wholesale prices unchanged in July 15 Aug 2013 | 02:57 pm
WASHINGTON (AP) — Falling energy prices kept a lid on U.S. wholesale inflation in July after a jump in gasoline boosted prices in June. The Labor Department reported Wednesday that wholesale prices sh...
Oil nearly $106 after China shows recovery signs 12 Aug 2013 | 02:35 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...
Commerzbank profits sag on loan losses 9 Aug 2013 | 03:09 pm
FRANKFURT, Germany (AP) — Germany’s Commerzbank saw its second-quarter profit slide as it continued to take losses on bad real estate and shipping loans — but the company’s shares jumped after it said...
German industry orders up on investment purchases 6 Aug 2013 | 03:34 pm
FRANKFURT, Germany (AP) — German industrial orders rose 3.8 percent in June as companies bought more big-ticket goods, including those ordered at the Paris Air Show. Sales of big capital investment go...
Asian markets gain on upbeat US economic data 2 Aug 2013 | 01:41 pm
HONG KONG (AP) — Asian stocks advanced Friday after a report that U.S. manufacturing activity jumped last month raised hopes of a rebound in industrial production that would bolster growth in the worl...
