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By Kristine Aquino and Candice Zachariahs, Bloomberg |
February 20, 2013
New Zealand’s central bank governor said he’s ready to intervene in foreign-exchange markets, adding to comments by officials from South Korea to South America warning their currencies are too strong.
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By Michael P. Regan and Leslie Picker, Bloomberg |
February 15, 2013
Most U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from a five-year high, as Wal- Mart Stores Inc. tumbled after an e-mail showed an executive called February sales a “total disaster.”
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By Toru Fujioka, Ian Katz and Raymond Colitt, Bloomberg |
February 15, 2013
Group of 20 finance chiefs are planning to disavow competitive devaluations in a statement to be released after talks end in Moscow tomorrow, according to an official from a G-20 nation.
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By Henry Meyer, Olga Tanas and Scott Rose, Bloomberg |
February 14, 2013
The Group of 20 nations should take a stronger stance against currency manipulation at a meeting in Moscow, Russian Finance Minister Anton Siluanov said after conflicting statements on the weakening yen roiled markets.
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By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
The world’s major industrial nations sought to soothe mounting fears of a currency war with a pledge to avoid devaluing their exchange rates in the pursuit of stronger economic growth.
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By Lu Wang and Leslie Picker, Bloomberg |
February 11, 2013
U.S. stocks fell after a six-week rally left the Standard & Poor’s 500 Index trading at its most expensive valuation since July 2011.
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By Toru Fujioka and Masahiro Hidaka, Bloomberg |
February 11, 2013
The Bank of Japan could usher in a growth spurt unseen in a generation by stepping up stimulus and ending deflation, according to Haruhiko Kuroda, the head of the Asian Development Bank and a potential contender for BOJ chief.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
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By Stephen Kirkland, Inyoung Hwang and Leslie Picker, Bloomberg |
February 8, 2013
Stocks and commodities rose as Europe’s leaders reached a budget agreement, China’s trade expanded more than estimated and companies posted better-than- forecast earnings. Spanish bonds gained and the yen rallied.
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By Rebecca Christie |
January 21, 2013
European Union finance chiefs are set to approve the design of a financial-transaction tax for a group of interested nations.