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Dollar recovers from two-week low versus yen, focus on Nikkei
ReutersTOKYO (Reuters) - The dollar recovered from two-week lows against the yen on Friday as a safety-bid for the Japanese currency ebbed after the Nikkei share average rebounded from the previous day's 7.3-percent plunge and Wall Street regained some stability...Tags: Exports, Tokyo (Japan), Economic Policy, Board of Directors, Altana AG
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Asian stocks shaky, Nikkei still seen vulnerable
ReutersSYDNEY (Reuters) - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout. In a sign that many are still spooked by...Tags: Shanghai (China), Exports, Easter, Earnings, Herman Van Rompuy
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Signs of weakness mar UK economic growth
ReutersLONDON (Reuters) - Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising questions whether the nascent recovery will last....Tags: Inventories, BNP Paribas, European Union, Productivity, Money and Monetary Policy
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Bernanke's prepared testimony to Joint Economic Committee
ReutersWASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. Chairman Brady, Vice Chair Klobuchar, and other members of the...Tags: Economic Policy, Health Insurance Cost, Energy, Career and Workplace, Productivity
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IMF says Egypt budget gap worrying, urges Yemen to finalize economic program
ReutersDUBAI (Reuters) - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic program, a senior IMF official said. "We are ready to...Tags: Budgets and Budgeting, Economy, Business and Finance, Egypt, Economic Indicator, Politics
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Awaiting rebound in Europe, Poland stifles growth at home
ReutersWARSAW (Reuters) - Poland has turned its back on policies that once made it Europe's growth leader and is flirting with the recession that it alone among its emerging European Union peers has evaded through years of crisis. It weathered the global...Tags: Warsaw (Poland), Budgets and Budgeting, Economic Policy, European Union, Economy, Business and Finance
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Ghana hopes to shield economy from African oil curse
Reuters* Economists cite risks of fiscal laxity, Dutch disease * Nigeria saw agricultural sector ravaged, corruption soar * Ghana wants to increase investment in cocoa sector * Ghana has strong democratic institutions, oil wealth funds By Matthew Mpoke...Tags: Budgets and Budgeting, Environmental Issues, Nigeria, Government, Economic Indicator
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Preparing for Asia's golden age
ReutersSINGAPORE (Reuters) - There is a new gold rush in the Asia-Pacific: rising incomes and consumer spending by Asia's fast-growing middle classes that is generating unprecedented opportunities for multinational firms. If western firms recognize those...Tags: Japan, Consumers, Asia, Emerging Market, China
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CORRECTED-ANALYSIS-Little sign Abe can shake up Japan's inbound FDI
Reuters(Corrects third from last paragraph to show Renault took a stake in Nissan) * Japan PM Abe set to compile growth strategy in June * Previous growth strategies have fallen flat * FDI boost could show Abe serious about trying new policies By Stanley...Tags: Nissan Motor Co., Japan, Tokyo (Japan), Productivity, Manufacturing and Engineering
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Analysis: Little sign Abe can shake up Japan's inbound FDI
ReutersTOKYO (Reuters) - Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades. Prime Minister Shinzo Abe pledged to make Japan "the world's easiest country...Tags: Japan, Nissan Motor Co., Tokyo (Japan), Productivity, Manufacturing and Engineering
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Independent Scotland open to Cyprus-style bank risks, says Britain
ReutersLONDON (Reuters) - An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry says. Before a referendum due in September 2014 on whether Scotland...Tags: David Cameron, European Union, Economy, Business and Finance, United Kingdom, Government
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Obama budget cuts deficit $1.1 trillion over decade: CBO
ReutersWASHINGTON (Reuters) - Near-term U.S. deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but $1.1 trillion lower than what it estimates over the coming decade, CBO said...Tags: Budgets and Budgeting, U.S. Senate, Freddie Mac, Weather Reports, U.S. House of Representatives
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 22, 2013
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May 21, 2013
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May 21, 2013
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May 20, 2013
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May 19, 2013
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May 20, 2013
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May 20, 2013
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May 19, 2013
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May 17, 2013
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