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Central Statistical Organization Statement: India’s Economy Grew Up 8.9%
It seems that now Indian economic condition is growing towards peak as in its fiscal second quarter, its economy grew up by 8.9% in contrast to the same period last year, Central Statistical...
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China First Quarter G.D.P. Climbs By 9.7 Percent
April 14, 2011, China, BEIJING (REUTERS): China’s annual G.D.P. eased simply a touch in the first quarter, whereas its inflation climbed to the 32-month high, giving pressure on the Govt. to do...
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Weak U.S. Economy Not To Be Acted Upon Soon By Fed
New vulnerable spots in the U.S. economy to be acknowledged by the Federal Reserve in a policy statement after the meeting on Wednesday, however, it would be wrong to have any expectations from the...
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Bankers Concur on Plan to Increase Capital Safeguard
As per the new rules recommended Saturday, banks which are most imperative for global financial stability have been asked to hold additional capital on their balance sheets as a protection against...
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Fed Comments Followed By New High for Gold
Tuesday saw gold leaping to touch a record high after the indications from the minutes of policy meeting of Federal Reserve held in June pointed towards the openness of the central bank to more...
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First-Half Gold Buying Figures by Central Banks Surpass 2010 Total
In the first half of 2011, central banks have purchased more quantity of gold in comparison to the entire 2010 as the reversal in the sales of the so-called official sector which was anticipated for a...
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Bank of Korea Sees No Big Impact from US Rating Downgrade
According to a senior official in Bank of Korea, no significant short-term repercussions of relegation of U.S. credit rating by S&P to AA+ would be felt by it. Hong Taeg-ki, head of the foreign...
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Fed’s Strange Instruction for an Eccentric Ailment
The limelight is back on the Federal Reserve, investors and earnestly pondering whether the central bank will conclude its two month long gap and proclaim some measures to help the declining economy....
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Fed To Hold Rates Near Zero Through 2013
Tuesday saw the Federal Reserve making a rare promise of holding short-term interest rates near zero through the midst of 2013, indicating that the likelihood of an expansion sufficiently strong to...
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QE3 likely after Pacifistic Fed statement says Goldman
Wednesday saw Goldman Sachs saying that the Federal Reserve is likely to launch QE III (a third phase of quantitative easing) with the Federal Reserve’s promise of keeping interest rates at low levels...
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