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International News

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China burns speculators as losses reach $5.5 billion

China is succeeding in making its currency less predictable. Investors are paying the price.

Posted on 4-01-2014 at 9:07 AM
Major economies end first-quarter on weaker note

Major economies end first-quarter on weaker note

Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to...

Posted on 4-01-2014 at 8:06 AM
Russia sell-off spurs hunt for bargains

Russia sell-off spurs hunt for bargains

ANALYSIS: Rising tension between Russia and the West has rattled the country's stock and bond markets, but some big money managers see the turbulence as an opportunity.

Posted on 3-31-2014 at 3:29 PM
Euro zone inflation drops to lowest since 2009

Euro zone inflation drops to lowest since 2009

Euro zone inflation hit its lowest level since November 2009 in March, a shock drop that raises expectations the European Central Bank will take radical action to stop the threat of...

Posted on 3-31-2014 at 7:29 AM
Rupert Murdoch sets up sons to take over media empire

Rupert Murdoch sets up sons to take over media empire

Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire and promoted younger son James, setting them up to succeed the 83-year-old tycoon.

Posted on 3-26-2014 at 2:48 PM
How rumour sparked panic and 3-day bank run in Chinese city

How rumour sparked panic and 3-day bank run in Chinese city

The rumour spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan ($32,200 US)

Posted on 3-26-2014 at 12:17 PM
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Economic turmoil if Crimea crisis deepens: World Bank

The Russian economy may contract markedly this year and the country could see record capital outflow of $150 billion US if the crisis over Moscow's annexation of Ukraine's Crimea deepens,...

Posted on 3-26-2014 at 10:00 AM
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Obama urges Putin to back down in Ukraine

U.S. President Barack Obama urged Russia to de-escalate the crisis over Ukraine or face the consequences of more sanctions if it encroaches further into the east of the country.

Posted on 3-25-2014 at 12:04 PM

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