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On Wednesday Asian stocks were mostly lower, as market players were concerned about the prospect of higher U.S. interest rates following improved economic data as well as the continuous fears about China's weakening growth...
On Tuesday U.S. stocks opened lower as data indicating the first increase in inflation in four months pushed the dollar higher, spurring concerns in commodity and equity markets...
Regulators in the United States criticised HSBC and Royal Bank of Scotland (RBS) for failing to make adequate provisions in the event of their collapse and said they must improve their so-called "living wills" or face regulatory action. French bank BNP Paribas was also criticised...
On Tuesday the dollar was broadly lower against a basket of other major currencies, as investors eyed U.S. data to be released later in the day. Uncertainty over the timing of a U.S. rate hike continued to put pressure on the greenback...
On Tuesday crude oil futures edged higher, as investors swallowed strong manufacturing data from the euro zone...
“It’s now a lose-lose game and the best that can happen is actually muddling through,” investor George Soros, 84, told Bloomberg TV on Tuesday...
According to International Monetary Fund chief Christine Lagarde, India could surpass China in economic growth pace as soon as this year...
A stop in the dollar’s rapid acceleration against the euro could threaten exporters’ leadership of the rally in European stocks, according to J.P. Morgan Cazenove analysts...
On Tuesday the New Zealand dollar edged higher against its U.S. counterpart, hovering close to a two-month peak as sentiment on the greenback remained fragile, although downbeat Chinese manufacturing activity data capped gains...