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  • News & article

    Opec output-cut deal provides lift for equities

    Business, Published on 03/10/2016

    » Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

  • News & article

    Global economy more fragile with few growth drivers

    Asia focus, Erich Parpart, Published on 03/10/2016

    » The prolonged global slowdown in overall growth and trade is expected to persist if all parties do not work toward a solution together, the United Nations Conference on Trade and Development (Unctad) has warned.

  • News & article

    Cyprus crisis sends stocks down

    Published on 19/03/2013

    » LONDON - Europe's main stock markets lost ground on Monday on news that Cyprus might tax bank deposits as part of a controversial international bailout.

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