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Cina
China lowers yuan rate by most in three months
SHANGHAI — China's central bank cut its currency exchange rate against the dollar by the largest amount in three months Thursday as the greenback strengthened on improved Chinese trade data.
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USA
Dark economic cloud over IMF-World Bank meeting
WASHINGTON - Worries that the global economy is nearing a stall made worse by the specter of '"Brexit" cloud the air as the world's finance chiefs gather in Washington beginning Thursday for the IMF-World Bank Spring meetings.
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India
Pay panel award may keep railways cost optimisation under stress: Official
Life Insurance Corporation of India (LIC) has offered Rs 1.5 lakh crore for development of railways
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India
Gold recovers on scattered buying; silver strengthens
Gold prices recovered by Rs 50 to Rs 29,250 per 10 gm at the bullion market on scattered buying by jewellers and retailers even as the yellow metal weakened overseas. Similarly, silver rose further by Rs 450 to Rs 38,650 per kg on increased offtake by industrial units and coin ...
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USA
Press Release from Business Wire : Bank of America
This Smart News Release features multimedia.
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India USA
State civic corporations buck national trend, raise 90% revenue on their own
When it comes to meeting their financial needs, municipal corporations in Maharashtra stand apart from their counterparts from other states, with Gujarat coming close.
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USA
Oil glut set to ease this year: IEA
The International Energy Agency on Thursday said that the global oil glut is set to ease by late 2016. It stated that 2016 would see the global oil demand grow by 1.2 million barrels per day. It added that US shale oil, which has been a major reason for the ...
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Cina USA Hong Kong
Hong Kong, Shanghai stocks build on gains
Hong Kong, April 14, 2016 (AFP) -Shares rallied in Hong Kong and Shanghai again Thursday, tracking advances in New York and extending the previous day's gains that were fuelled by strong Chinese trade data. Hong Kong's Hang Seng Index climbed 0.5 percent, or 179.10 points, to 21,337.81.
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Regno Unito
European stock markets steady at open
London, April 14, 2016 (AFP) -Europe's main stock markets steadied at the start of trade on Thursday, as dealers paused for breath after bumper gains so far this week. In initial deals, London's benchmark FTSE 100 index dipped 0.3 percent to 6,342.
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Cina
Global steel demand set to fall again in 2016, Worldsteel says
World Steel Association (Worldsteel) said global steel demand will continue to fall this year before a slight pick-up in 2017. Falling demand has plunged the global steel market into crisis, with excess capacity taking a heavy toll on producers, including those in China - leading to plant closures.