Sunday, December 12, 2010

Google Alert - finance

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Picard to Continue With Suits Against Mark Madoff
Wall Street Journal
By MICHAEL ROTHFELD The court-appointed trustee recovering assets for victims of Bernard Madoff's Ponzi scheme will move ahead with lawsuits brought against his elder son Mark Madoff, who killed himself Saturday morning, a lawyer for the trustee said. ...
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China's Regulator Said to Consider Allowing Yuan Options Trading by Banks
Bloomberg
By Bloomberg News - Mon Dec 13 04:05:02 GMT 2010 The yuan posted its biggest weekly gain in almost a month last week on speculation China's central bank will raise interest rates to temper inflation after a report showed export growth beat economists' ...
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Asian Stocks, Dollar, Copper Climb as China Refrains From Increasing Rates
Bloomberg
By Shiyin Chen and David Yong - Mon Dec 13 03:18:17 GMT 2010 Asian stocks and commodities advanced while the dollar strengthened for a sixth day after China refrained from raising interest rates and as optimism increased that the US economic recovery ...
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A&P, US Grocery Store Owner, Files for Bankruptcy as Competition Rises
Bloomberg
By Tiffany Kary - Mon Dec 13 02:02:14 GMT 2010 A shift in consumer spending toward competitors including wholesale clubs, supercenters and drugstores hurt sales in the quarter ended Sept. 11, the company said in a regulatory filing. ...
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More policies to curb inflation
Xinhua
BEIJING, Dec. 13 (Xinhuanet) -- China vowed on Sunday to increase efforts to combat inflation while maintaining "stable and relatively fast" economic growth, as consumer inflation hit a 28-month high of 5.1 percent in November. ...
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Exclusive: China extends selective RRR hike for 3 months
Reuters
HONG KONG/BEIJING (Reuters) - A selective increase in required reserves for Chinese banks that was due to expire this week will be extended for another three months, three industry sources told Reuters on Monday, a small step in a tightening campaign ...
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Hong Kong Stocks Advance; Belle, China Resources Land Climb
BusinessWeek
By Hanny Wan Dec. 13 (Bloomberg) -- Hong Kong stocks rose, pushing the benchmark index to its biggest gain in a week, as China refrained from raising interest rates and reports showed global economic growth is gaining momentum. ...
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Wal-Mart Tries Again for New York City Store
New York Times
By ELIZABETH A. HARRIS The New York City Council was supposed to hold a hearing this Tuesday about a renewed campaign by Wal-Mart to open its stores in the city. Wal-Marts seem to be everywhere, except in New York City. But it had to be rescheduled, ...
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New York Times
ASIA FX: US Dollar Higher As Bond Yields Surge; Aussie Falls
IMarketnews.com
TOKYO, Dec. 13 (MNI) - The US dollar was firmer in early afternoon in Asia on Monday, rising for the third straight day versus the euro as yields on Treasury notes surged to a six-month high on the back of robust economic data. ...
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Cosmopolitan Casino Aiming for the "Curious" in Las Vegas
ABC News
By Deena Beasley LAS VEGAS (Reuters) - Billed as "polish without pretense," the latest, and likely the last for at least the next decade, new casino-resort will open this week on a Las Vegas Strip still grappling with a weak economy. ...
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