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Forex: Yen vaults to two-week highs as stocks slide
ReutersLONDON (Reuters) - The yen vaulted to two-week highs against the dollar and the euro on Thursday as a slide in equities encouraged profit-taking on the safe-haven currency's recent sharp falls. Concerns U.S. monetary stimulus could be scaled back,...Tags: Credit Ratings, Finance, Iran, Board of Directors, Politics
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Global shares sink on U.S. stimulus pullback, Chinese growth fears
ReutersLONDON (Reuters) - Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals that the U.S. central bank may soon scale back its stimulus program....Tags: Finance, Alcoa Incorporated, Madrid (Spain), Lisle, Milan (Italy)
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WRAPUP 1-Asian markets sell off on Bernanke remarks, China PMI
Reuters* Asian shares down after China HSBC flash PMI, credit spreads wider * Nikkei plunges 7 percent, 11th worst daily drop * JGBs bounce after 10-year JGB yield hits year highs * Korean won worst hit as dollar rises broadly By Masayuki Kitano and Hideyuki...Tags: Finance, Japan, Money and Monetary Policy, Asia, Foreign Exchange Market
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HP raises 2013 outlook as Whitman's plan takes hold
ReutersSAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While...Tags: Finance, Companies and Corporations, Carl Icahn, NYSE Euronext, Inc., Computing and Information Technology Industry
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Japan market gyrations underline economy's vulnerability while verdict still out on Abenomics
AP Business WriterTOKYO (AP) — Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation. Interest...Tags: Finance, Credit Ratings, Politics, Debt Market, Public Finance
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Average U.S. 401(k) balance tops $80,000, up 75 percent since 2009
ReutersBOSTON (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey...Tags: 401K, Employees, Career and Workplace, S&P 500
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Fed's mixed messages roil markets
WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...
Tags: Finance, Credit Ratings, Money and Monetary Policy, Employment, Dwayne Johnson
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GLOBAL MARKETS-JGBs dive, dollar index hits 3-yr high on Bernanke comment
Reuters* Dollar index hits highest level since July 2010 * Bernanke QE comments lift U.S. bond yields and dollar * MSCI Asia Pacific ex-Japan falls but Nikkei climbs * JGB dive, 10-year JGB yield hits highest since April 2012 By Masayuki Kitano SINGAPORE,...Tags: Auto Trends, Tokyo Stock Exchange, Japan, U.S. Congress, Federal Reserve
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Investment firms sue exchanges in dispute on improper fee charges
ReutersBy Nate Raymond May 22 (Reuters) - A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period....Tags: Laws, NYSE Euronext, Inc., Goldman Sachs Group, Inc., Crime, Law and Justice, Citadel LLC
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Indian stocks to watch-May 23
ReutersMay 23 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange are 0.5 percent down and the MSCI-Asia Pacific index excluding Japan is 1.5 percent lower. * Japanese government bond prices dived and 10-year JGB futures tumbled a full...Tags: Finance, Tokyo Stock Exchange, Japan, Merck & Company Incorporated, Federal Reserve
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Average U.S. 401(k) balance tops $80,000, up 75 pct since 2009
ReutersBOSTON, May 23 (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based...Tags: 401K, Employees, Career and Workplace, S&P 500
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As yen tumbles, Japan's gain isn't South Korea's pain
Reuters* Yen down 20 percent vs dollar over past year, won up by a third against yen * Weaker yen won't necessarily undercut South Korea's competitiveness * Currency fluctuations don't immediately translate into market share By Wayne Arnold and Vikram...Tags: Credit Ratings, Automotive Equipment, Science and Technology, Japan, Exports
May 23, 2013
|Story| Reuters
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
|Story| AP Broadcast
May 22, 2013
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May 23, 2013
|Story| Los Angeles Times
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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