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The Russian currency plunged for a seventh day, reversing its biggest advance in 16 years, as slumping oil outweighed Russia’s attempt to defuse a currency crisis with the largest interest-rate increase since 1998...
Economic activity of the biggest emerging market after China has unexpectedly declined in October, as the central bank of Brazil continues to raise rates...
Speculations that the Federal Reserve is moving closer to raising US interest rates amid growing economy have sent the yellow metal down to almost 1-week lows. Silver, platinum and palladium also declined...
According to the United Arab Emirates' energy minister, OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, as Bloomberg informs...
In the period from 2001 to 2012, gold enjoyed 12 years of consecutive rising prices, and many investors hoped that the precios metal would be able to sustain its bull market well into the future...
U.S. auto giant General Motors informed that $3.6 billion in investment will be made in Mexico through 2018, with the capital directed mainly for modernizing and expanding the firm's manufacturing plants in the cities of Toluca, Ramos Arizpe, Silao and San Luis Potosi...
Bitcoin has been given a big boost in stature as Microsoft is now accepting the cryptocurrency for digital content from its stores...
China’s propaganda mechanism might work better when it comes to the stock market...
According the the chief of state-run Kuwait Petroleum Corp., oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production or world economic growth revives...