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Asian stocks tumble on weak China PMI, Fed policy plan
ReutersTOKYO (Reuters) - Asian shares tumbled to nine-month lows on Thursday as slowing Chinese manufacturing activity exacerbated sentiment already unnerved by the U.S. Federal Reserve Chairman Ben Bernanke confirming the Fed would begin reducing its stimulus...Tags: Lebanon, General Electric Company, Johnson & Johnson Inc., Nasdaq Composite, Moscow (Russia)
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Turkey's economy is vulnerable
ReutersLONDON, June 17 (Reuters Breakingviews) - Tayyip Erdogan seems to like the concept of "choking" things. At the weekend, Turkey's prime minister sent riot police into an Istanbul park with tear gas and water cannons to clear out the protesters. A week...Tags: European Union, Federal Reserve, Stock Market, Central Bank, Emerging Market
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Spain's public deficit to April around 2.17 percent of GDP
ReutersMADRID (Reuters) - Spain's public deficit, excluding the accounts of local governments, was in the first four months of 2013 on track to meet end-of-year targets, according to Reuters' calculations using Treasury Ministry data published on Monday. The...Tags: Politics, Social Security, Public Finance, Economic Indicator, Spain
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Israeli budget wins initial parliament approval
Reuters* Measure passes the first of four votes * Contains tax hikes and welfare cuts unpopular with public * Budget deficit was 4.2 percent of GDP last year By Allyn Fisher-Ilan and Steven Scheer JERUSALEM, June 18 (Reuters) - A budget of tax hikes and...Tags: Israel, Elections, Crime, Law and Justice, Likud, Budgets and Budgeting
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Moody's may remove Brazil "positive" outlook as growth lags
ReutersBRASILIA (Reuters) - Moody's Investor Service says it will become more difficult to justify its "positive" outlook on Brazil's investment-grade credit rating if the country remains in the grip of weak economic growth and its debt burden fails to decline,...Tags: Credit and Debt, Budgets and Budgeting, Economic Policy, Ratings, Los Angeles International Airport
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Chile presidential favorite Bachelet says would hike corporate tax
ReutersSANTIAGO, June 17 (Reuters) - Chilean presidential favorite Michelle Bachelet said on Sunday she would gradually hike corporate taxes to 25 percent from their current 20 percent, chiefly to fund an education overhaul, if she is elected to the presidency...Tags: U.S. Congress, Politics, Elections, Sebastian Pinera, Economic Indicator
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U.S. business inventories rise in April, but sales weak
ReutersWASHINGTON, June 13 (Reuters) - U.S. business inventories rose in April, but with goods taking longer to sell businesses could slow their pace of stock accumulation to prevent an unwanted piling up of merchandise. The Commerce Department said on Thursday...Tags: Inventories, Economic Indicator, Business
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Business inventories rise in April, but sales weak
ReutersWASHINGTON (Reuters) - Business inventories rose in April, but with goods taking longer to sell businesses could slow their pace of stock accumulation to prevent an unwanted piling up of merchandise. The Commerce Department said on Thursday inventories...Tags: Inventories, Economic Indicator, Business
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IMF says risks to successful Portugal bailout still high
ReutersBy Axel Bugge LISBON, June 13 (Reuters) - The International Monetary Fund said on Thursday Portugal's economic outlook was "somber" and its public debt condition "very fragile" although Lisbon has met the latest targets in its 78 billion euro bailout....Tags: European Union, Budgets and Budgeting, Credit and Debt, Economic Policy, Debt Market
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Italy sees no more fiscal tightening despite deficit problems
ReutersROME (Reuters) - A deeper-than-expected recession is hurting Italy's public finances but it can still keep the budget deficit below 3 percent of output without more fiscal tightening, Economy Minister Fabrizio Saccomanni said on Thursday. Saccomanni, a...Tags: Credit and Debt, European Union, Budgets and Budgeting, Rome (Italy), Finance
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Chapman forecasts modest O.C. job growth
There was some good news and bad news, for both Orange County and the nation, presented Wednesday morning during the midyear update of Chapman University's annual Economic Forecast. One tidbit of local good fortune? Construction jobs, fueled by a strong...Tags: Federal Reserve, Colleges and Universities, Money and Monetary Policy, CBS Corp., Consumers
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Czechs hope wealth-destroying floods can lift growth
ReutersBy Michael Winfrey PRAGUE, June 13 (Reuters) - Floods that have caused billions of euros in damage across central Europe may actually provide an economic boost for the Czech Republic, a country struggling to shrug off its longest recession in more than...Tags: Politics, Angela Merkel, Czech Republic, Insurance, Germany
Jun 19, 2013
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Jun 19, 2013
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Jun 17, 2013
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Jun 18, 2013
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Jun 17, 2013
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Jun 13, 2013
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Jun 12, 2013
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Jun 13, 2013
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