Nikkei slips for second , China benchmark money rate slides on expectations of easy liquidity and other Economy news
The economy news of 2013-03-13 on Tamugaia - Nikkei slips for second day on profit-taking, and China benchmark money rate slides on expectations of easy liquidity.
Nikkei slips for second day on profit-taking -
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China benchmark money rate slides on expectations of easy liquidity -
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CORRECTED-Seoul shares eke out gains, led by Samsung Electronics -
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GLOBAL MARKETS-Asian shares ease, sterling remains vulnerable -
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Ryan unveils plan for deep spending cuts -
Republican’s US budget slashes spending on a range of social programmes by $4.6tn over a decade while sparing defence and avoiding any tax rises...
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US jobs data point to continued stimulus -
The hires rate remained unchanged at 3.1% in January – far below the 4% common before the recession – and the quits rate stuck at 1.6%...
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US investors warn on bank settlement -
Purchases of new bonds may be scaled back or yields may have to rise to compensate investors for increased risk, threatening the housing recovery...
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Dollar is the only serious reserve player -
With the advantage of deep markets and recovering growth, the dollar’s pre-eminent position as the world’s main reserve currency remains...
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SEC charges Illinois with securities fraud -
Decades-long failure of Illinois’ leaders to make contributions necessary to fund rising benefits has crippled its fiscal situation...
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Spectre of stagflation haunts UK -
Inflation expectations, measured by difference between nominal and inflation-linked bond yields, ticked up to near 3.3%, levels not seen since 2008...
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Turkey emerges as true Iraq war victor -
Demand for Turkish goods soars by an annual $2bn as exports to Baghdad increase 25 per cent a year, making it Ankara’s second-most valuable market...
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MEPs plot weapon of mass sequestration -
With the €960bn budget agreed by heads of state set to be rejected, the European Parliament is looking at the US model to gain more influence over spending...
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Japan warms to ‘fire ice’ potential -
Tokyo has extracted gas from abundant ‘fire ice’ deposits off its central Pacific coast, but prospects for commercial extraction remain far from certain...
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FOREX-Yen takes a breather from fall, sterling wallows -
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FOREX-Yen bears take a short break, GBP sees little reprieve -
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