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"U.S. stocks gained, capping the biggest weekly advance for the Standard & Poor’s 500 Index in 34 years, on speculation that government bailouts will shore up the economy."The S&P 500 soared by more than...
"KARACHI: Reputed journal, Foreign Policy in its report has declared Karachi Nazim, Syed Mustafa Kamal the second best mayor of the year 2008 world.Foreign Policy report titled ‘The Mayor of the moment’ said that Germany’s Berlin City Mayor, Klaus Wowereit, 55 topped...
"Friday October 31, 2:18 am ET By Tomoko A. Hosaka, Associated Press Writer Japan's central bank cuts key interest rate to 0.3 percent in close vote; first cut in 7 years TOKYO (AP) -- The Bank of Japan voted Friday to cut its key interest rate for the first time in more...
"Asian stock markets surge after Fed rate cut; South Korean index up 12.7 percent HONG KONG (AP) -- Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy...
As the US recession unfolds, new figures show consumer confidence continues to fall. "Consumer confidence fell from a reading of 61.4 in September to 38 this month – the lowest level since the index was...
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