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Copper prices rose on Thursday, as a recent series of downbeat Chinese economic data fuelled speculation China's authorities will have to introduce further stimulus measures to boost growth and combat deflation...
The Chinese e-commerce giant has invested $200 million in Snapchat, which marks a significant increase from previous investments, says The Wall Street Journal. The deal values Snapchat at $15 billion, in the latest sign of escalating valuations for Silicon Valley start-ups...
On Thursday the Australian dollar rose against its U.S. peer, bouncing off six-year lows after upbeat Australian employment data was released, while demand for the greenback slowed down ahead of upcoming U.S. economic reports...
Spain's Santander and Germany's Deutsche Bank have failed Federal Reserve's "stress test" created to estimate if lenders can withstand another financial crisis...
Since the surging dollar is cutting demand for the precious metal, gold is nearing a three-month lows after posting eight straight declines. A ninth drop on Thursday would be the longest losing run since 1998, says Bloomberg...
On Thursday Asian shares gained with Tokyo jumping on a weaker yen as central banks around the region move to easy or neutral policies...
James Bullard, head of the Reserve Bank of St Louis, told the Financial Times that the Federal Reserve risked holding fire too long on rate hikes given the plunging unemployment rate and that even after the central bank starts tightening, monetary policy will remain easy by normal standards...
On Wednesday oil prices staged a moderate recovery, as market players anticipated key U.S. inventory data. Data from an industry group late Tuesday showed that U.S...
On Wednesday the pound slid versus the U.S. dollar, re-approaching a five-week low after data indicated that U.K. manufacturing and industrial production dropped in January...
On Wednesday the euro dropped to a 12-year low as national central banks in the euro region were said to have purchased sovereign debt for a second day on Tuesday in their quantitative-easing program...