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Showing posts with label Economy. Show all posts

Stocks Fall on Dow’s Longest Slump Since 2002

U.S. stocks fell for the sixth straight week, giving the Dow Jones Industrial Average its longest slump since 2002, as investor concern that...

American International Group | History and development of American International Group

American International Group American International Group, Inc. (AIG) (NYSE: AIG) is an American insurance corporation. Its corporate hea...

Oil price jumps as Goldman Sachs raises forecasts

The US investment bank raised its year-end forecast for Brent to $120 per barrel from $105, and its 2012 forecast to $140 from $120, saying ...

FOREX-Euro drops vs dollar on spate of negative Greek news

NEW YORK, May 20 (Reuters) - The euro tumbled against the dollar on Friday after four straight days of gains, stung by a cascade of negative...

Japan economy slumps more than expected in Q1 on quake damage

TOKYO — Japan 's economy shrank in the first quarter at nearly double the pace expected, effectively slipping into recession as the deva...

Certainty on RBA policy remains elusive

Some things in life are easy but working out what the words of Australia's central bank imply about its plans for interest rates is not ...

Crude Drops on Concern Over Greek Bailout Talks, U.S. Economic Growth

Oil dropped for the first day in three before Greece asks for more aid from the European Union and on speculation the U.S. recovery is slowi...