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Posted by admin on March 24, 2009 under News | 
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Oil climbs above $52 in Asia fueled by higher equity markets, but rally seen vulnerable
KUALA LUMPUR, Malaysia – Oil prices rose above $52 a barrel Monday in Asia, boosted by stronger Asian stock markets amid plans by the U.S. government to buy bad assets from banks to contain the finan…
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Citigroup pares earlier gains (Reuters)
Reuters – Shares of Citigroup pared earlier gains as the stock resumed trading before the opening bell.
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Key 10-year JGB yield rises on gains in Tokyo stocks+
TOKYO, March 23 (AP) – (Kyodo)—The yield on the benchmark 10-year Japanese government bond rose Monday morning as rises in Tokyo stocks sparked bond-selling. In interdealer trading, the yield on …
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Alcoa down after cutting dividend (Reuters)
Reuters – Shares of Alcoa Inc fell 12.1 percent to $5.38 in premarket trade on Tuesday after the aluminum company cut its quarterly dividend to 3 cents from 17 cents late Monday.
Posted by admin on March 23, 2009 under News | Read the First Comment
Blue chips buoy Saudi bourse
Khalil Hanware & Abdul Jalil Mustafa I Arab News JEDDAH/AMMAN: Saudi shares rebounded last week after a series of losses that lasted for four weeks. The upward trend was led by blue chips, particularl…
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U.S. stock futures signal rally on debt plan hopes (Reuters)
Reuters – U.S. stock index futures signaled a rally on Wall Street on Monday, as investors cheered Washington’s plan to help financial institutions get rid of troubled assets.
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Massive anti-war, anti-Wall Street protest in San Francisco
(03-21) 14:25 PDT SAN FRANCISCO — Umbrellas mixed with protest signs today in San Francisco, where demonstrators marked the sixth anniversary of the war in Iraq with speeches, chanting and a march u…
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World markets mixed on worries about US inflation (AP)
AP – Stock markets were mixed Friday as investors turned cautious amid worries the U.S. Federal Reserve’s latest move to combat recession in the world’s largest economy will lead to rampant inflation.
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Big test for Wall St ahead with long-delayed bank rescue plan
The New York Stock Exchange Wall Street's attempt to recover further from 12-year lows faces its biggest test yet this week in the Treasury's long-delayed bank rescue plan. Details of the Treasur…
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Oil slips as economy, equities weigh (Reuters)
Reuters – Oil fell on Friday, dragged down by economic concerns, the stronger dollar and a dip in the stock market.
