ECONOMICS
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Japanese July Auto Production Surges
Friday, the Japan Automobile Manufacturers Association, or JAMA reported that automobile output jumped 24.1% in July from the previous year to 1.08 million units....
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S. Korean Bank's Lending Rates Rise In July
South Korean bank's average lending rate increased in July for the fourth straight month, the Bank of Korea announced Friday. Bank's average lending rate for households...
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REPORTS
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Crude Oil Closes Below $116 After Erasing Early Rally
Crude prices turned lower on Thursday as the International Energy Agency has pledged to release additional oil supplies in the event of storm damage. Light sweet crude for October delivery closed at $115.59, down $2.56 on the...
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Swiss Franc Pulls Back From Highs Versus Buck And Pound
The Swiss franc moved with uncertainty versus its major counterparts on Thursday in New York, rescinding from notable highs against the sterling and greenback. Traders weighed a report showing Swiss employment increased more than...
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Obama Stresses Change, Attacks McCain In Accepting Democratic Nomination
Barack Obama accepted the presidential nomination of the Democratic Party on Thursday night, again stressing his message of hope, change, and unity. He also attacked his Republican rival, John McCain, who Obama says would continue the policies of President George W. Bush.
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Dell Q2 profit drops 17%
PC maker Dell Inc. said Thursday after the markets closed that its second quarter earnings fell 17% from last year, as strategic investments to drive long-term growth impacted profitability....
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BREAKING NEWS
Centro Properties slips to loss in FY08 - Update
8/29/2008 12:43:41 AM
Thursday evening, Australia-based Centro Properties Group (CEOPF.PK, CNP.AX) reported a net loss for fiscal year 2008 compared to a profit in the prior year, hurt by a reduction in its U.S. and Australian
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Traders May Express Optimism Over Strong Upward Revision to Second Quarter GDP Growth
The major U.S. index futures are pointing to a higher opening on Thursday. Stocks may benefit from better-than-expected GDP growth reported for the second quarter and a slide in the weekly claims for unemployment benefits. Nevertheless, some degree of apprehension may be expressed over the climb in oil...
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(complete analysis)
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CANADA
TSX Surges Higher by 200 points, led by financials -- Canadian Commentary
8/28/2008 4:08:31 PM
Financials gave Toronto's main index a huge boost for a second day in a row on Thursday as traders found much to cheer about in this week's quarterly results from Canada's big six banks.
The S&P/TSX Composite Index rose 203.13 points to 13,733.78, with industrials and tech stocks also contributing...
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TSX poised to close higher for a second day, led by banks -- Canadian Commentary
8/28/2008 3:36:25 PM
Toronto's main index was clinging to its early gains in Thursday's late afternoon dealing, supported significant gains in the financial sector.
The S&P/TSX Composite Index is up 150 points at 13,680.21, extending its big gains from the previous session.
Bank stocks are seeing significant buying...
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Financial, Energy Stocks Leading TSX Higher For A Second Day -- Canadian Commentary
8/28/2008 10:23:39 AM
Canadian stocks rose sharply for a second day at the opening bell Thursday morning, with another round of somewhat encouraging earnings results from Canada's big banks helping fuel buying interest among financials.
The S&P/TSX Composite Index is up 120 points at 13,651.26, extending Wednesday's triple-digit...
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