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From the daily archives: Wednesday, January 4, 2012
Asian stocks ended mostly higher on Wednesday amid hopes for the new year, after data showed German unemployment fell to its lowest rate in December since 1991 while U.S. manufacturing rose at the fastest pace in six months. The upbeat data stoked optimism that the global economy may avoid a recession despite Europe’s spiraling debt [...]
Continue Reading →European shares may fall on Wednesday, snapping four days of gains, as worries over the European debt crisis persist.
Continue Reading →Indian shares are trading modestly lower on Wednesday, as investors took profits after yesterday’s strong rally. Having said that, underlying mood remains positive, as upbeat data from the U.S. and China bolstered investor confidence in the global economy.
Continue Reading →Asian stock markets opened on a buoyant note on Wednesday with the latest batch of economic data from around the globe raising hopes of a recovery. The overnight strong close in the U.S. and European markets too contributed substantially to the upbeat start. However, with investors choosing to tread cautiously at higher levels and taking [...]
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