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By Jim Brunsden and Rebecca Christie, Bloomberg |
May 14, 2013
The European Central Bank clashed with Germany over how the European Union will handle struggling banks and whether to create a common agency and fund to manage failures.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
May 9, 2013
The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
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By Meera Louis and Simon Kennedy, Bloomberg |
April 19, 2013
Global finance chiefs handed Japan leeway to reflate its stagnant economy by indicating its fresh round of monetary stimulus doesn’t contravene a pact to avoid a currency war.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 15, 2013
Commodities fell to a nine-month low, led by the worst plunge in gold since 1980, and global stocks slid the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded.
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By Stephen Kirkland, Lu Wang and Sarah Pringle, Bloomberg |
March 21, 2013
U.S. and European stocks slid, the euro weakened and commodities declined after data showed an unexpected contraction in German manufacturing and Cyprus’s president worked on a new plan to obtain a European bailout.
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By Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg |
March 19, 2013
Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.
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By James G. Neuger and Rebecca Christie, Bloomberg |
March 14, 2013
European leaders are loosening the economic shackles once demanded by Germany as the recession and mounting unemployment in southern Europe shove aside the debt crisis as the euro area’s biggest headache.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
March 5, 2013
Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures.
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By Meera Louis, Bloomberg |
March 5, 2013
The U.S. Treasury Department’s top international official urged Group of Seven economies to avoid targeting exchange rates and let markets set currency levels, calling for full and timely data on the scale of nations’ interventions.