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As expected, the European Central Bank left official interest rates unchanged Wednesday, amid concerns over growth prospects and deflationary pressures in the region...
On Wednesday the gold price was just above two-week lows, with the greenback firming and the Chinese economy slowing more than expected...
On Wednesday the pound declined against its US peer, as markets digested Tuesday's negative U.S. data and as disappointing reports from China pressured market sentiment...
This year will mark a turning point in a showdown between the world's second largest economy and its biggest democracy. According to the International Monetary Fund, China's growth supremacy over India will finish soon...
Disappointing Chinese data heavily weighed on the Australian dollar, pushing it closer to parity with New Zealand. Aussie was mostly influenced by external factors rather than with the domestic situation, analysts say, and China was important because is was the key buyer of Australian resources...
On Wednesday crude-oil futures rose in Asian session but gains were trimmed after China’s economic data showed slower growth in the first quarter of the year. China is the world’s second-largest consumer of oil and its economic slowing is bearish for its oil demand...
Nokia will buy its rival Alcatel-Lucent SA in an all-stock deal valued at 15.6 billion euros ($16.6 billion) to launch the world’s largest supplier of equipment that powers mobile-phone networks. Alcatel investors will have 0...
On Wednesday Asian shares were lower impacted by mixed data from China and growing fears stimulus won't come...
According to the Energy Information Administration, in May output from the prolific tight-rock formations such as North Dakota’s Bakken shale will decline 57,000 barrels a day...