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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

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US economy rallies to solid Q3 growth WASHINGTON (AP) The U.S. economy powered its way to a respectable growth rate of 3.5 percent from July through September, outpacing most of the developed world and on track to extend the momentum through the end of the year and beyond.
Yahoo! News | 23 hours, 3 minutes ago | comment? | recommend
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European stocks close up as ECB moves to kick-start lending Europe's main stock markets closed up on Thursday, lifted by the European Central Bank's announcement that it would begin buying asset-backed securities in a multi-pronged action to get lending flowing again. The Federal Reserve's withdrawa
Yahoo! News | Oct 30, 2014 5:29 PM [GMT] | comment? | recommend
South Africa's rand bounces back against a firm dollar JOHANNESBURG (Reuters) - South Africa's rand firmed against the dollar on Thursday as the central bank defended its inflation targeting policy, saying it was the best approach to reducing price pressures while contending with slowing economic growth. The
Yahoo! News | Oct 30, 2014 3:55 PM [GMT] | comment? | recommend
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ECB says will launch asset purchase programme in Nov The European Central Bank said on Thursday it will begin its purchases of asset-backed securities or ABS in November as part of a multi-pronged attack to kick-start credit in the euro area. In addition to a range of other measures, the ECB has drawn up an
Yahoo! News | Oct 30, 2014 3:27 PM [GMT] | comment? | recommend
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Spanish economy pulls ahead as eurozone stalls Spain's economy expanded for the fifth straight quarter from July to September, official data showed on Thursday, holding to weak recovery from recession while the rest of the eurozone stalled. The country is pulling away from deep problems arising f
Yahoo! News | Oct 30, 2014 3:09 PM [GMT] | comment? | recommend
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Ukraine's GDP shrinks 5.1 percent, beating expectations Ukraine said its economy shrank by 5.1 percent on a 12-month basis in the third quarter, less than expected and signalling a pause in the war-torn country's accelerating economic decline. The government had warned earlier that this year the economy c
Yahoo! News | Oct 30, 2014 2:32 PM [GMT] | comment? | recommend
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German inflation stuck at 0.8% for fourth month in a row Frankfurt (AFP) - Inflation in Germany, Europe's biggest economy, remained at the ultra-low level of 0.8 percent for the fourth month in October, initial data showed on Thursday against a background of eurozone deflation worries.
Yahoo! News | Oct 30, 2014 2:30 PM [GMT] | comment? | recommend
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Stocks mixed after Fed ends stimulus HONG KONG (AP) Stock markets mostly rose in Asia but fell in Europe on Thursday after the Federal Reserve said it will end a stimulus program that was as massive as it was controversial. The dollar strengthened after the U.S. central bank hinted at an eve
Yahoo! News | Oct 30, 2014 11:48 AM [GMT] | comment? | recommend
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TSX futures point to lower start Stock futures pointed to a lower opening for Canada's main stock index on Thursday, with December futures on the S&P TSX index down 0.11 percent at 7.15 a.m. ET. No major economic events are scheduled for Thursday. The Toronto Stock Exchange'
Yahoo! News | Oct 30, 2014 11:32 AM [GMT] | comment? | recommend
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Athens stock market down 3.6%, bank index plunges 7.3% The Athens stock market fell 3.6 percent in trading on Thursday, with the banking index plunging 7.3 percent over concern about the state of the Greek economy. The stock market has been under pressure since three Greek banks were found to be short of capi
Yahoo! News | Oct 30, 2014 11:30 AM [GMT] | comment? | recommend