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World News

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World News

  • May 10, 2012: NEW YORK (AFP) — Oil prices continued their fall on Wednesday amid tensions over the eurozone's political and economic problems that the stronger dollar. Source of Story
  • May 9, 2012: NEW YORK (AP) — Oil extended a weeklong decline as signs of global economic weakness raise concerns about energy demand. Source of Story
  • May 8, 2012: TOKYO (Reuters) - Shares recovered on Tuesday from the previous day's plunge, as sentiment improved on hopes Spain would use public funds to bolster its struggling banks, although persistent wariness over Greece weighed on the euro. Source of Story
  • May 7, 2012: LIMA (AFP) — Peruvian President Ollanta Humala will set off this week on his first official trip to Asia, seeking to sell his country as an ideal hub for trade between Latin America and the Asia-Pacific. Source of Story
  • May 6, 2012: PARIS (AFP) — French voters went to the polls Sunday to give their final verdict in the hard-fought presidential battle between right-wing incumbent Nicolas Sarkozy and his Socialist challenger Francois Hollande. Source of Story
  • May 5, 2012: (AFP) —— Most commodity prices sank this week as traders took their cue from weak global data, particularly after Friday's disappointing payrolls report in major consumer the United States. Source of Story
  • May 4, 2012: SINGAPORE (AFP) — Oil prices bounced back in Asian trade Friday from the previous day's sharp losses as traders awaited a key labour market report in the United States, the world's biggest economy, analysts said. Source of Story
  • May 3, 2012: SINGAPORE (Reuters) - Asian shares slipped on Thursday and the euro languished near a two-week low after disappointing economic data from both sides of the Atlantic rekindled concerns about the strength of global growth. Source of Story
  • May 2, 2012: MADRID (AP) — Banging drums and waving flags, hundreds of thousands of workers marked May Day in European cities Tuesday with a mix of anger and gloom over austerity measures imposed by leaders trying to contain the eurozone's intractable debt crisis. Source of Story
  • May 1, 2012: TOKYO (Reuters) - Asian shares inched up on Tuesday as Chinese factory data lent support to Australian stocks, but concerns about the U.S. economy and the euro zone capped prices. Source of Story
  • April 30, 2012: BANGKOK (AP) — Asian stock markets rose Monday in holiday-thinned trade as sluggish U.S. growth figures boosted hopes for more measures from the Federal Reserve to help the world's No. 1 economy. Source of Story
  • April 29, 2012: LONDON (Reuters) - Caught in a vice between sluggish global growth and worldwide debt deleveraging, investors face another week of potentially gloomy economic news with no relief in sight from the growing concerns about euro zone debt. Source of Story
  • April 28, 2012: WASHINGTON (AP) — Don't panic yet. The government reported Friday that the economy got off to a tepid start this year, but that doesn't foreshadow a repeat of the near-standstill that happened in 2011. Source of Story
  • April 27, 2012: NEW YORK (Reuters) - U.S. stocks jumped on Thursday, buoyed by strong housing data and earnings reports, but the euro eked out only modest gains as disappointing labor market and European sentiment figures kept trading choppy. Source of Story
  • April 26, 2012: LONDON (Reuters) - Scientists have called for a radical rethink of our relationship with the planet to head off what they warn could be economic and environmental catastrophe. Source of Story
  • April 25, 2012: BANGKOK (AP) — Asian stock markets rose Wednesday after earnings from Apple Inc. and other U.S. companies blew past expectations, providing a distraction from the economic and political turbulence intensifying in Europe over its debt crisis. Source of Story
  • April 24, 2012: SINGAPORE (AP) — Oil prices hovered near $103 a barrel Tuesday in Asia amid investor worries that Europe's debt crisis will undermine economic growth and crude consumption. Source of Story
  • April 23, 2012: WASHINGTON (Reuters) - The amount of money thrown at rescuing the world economy since the Great Recession began is truly staggering, probably more than $14 trillion, and the financial spigots are still open. Source of Story
  • April 22, 2012: WASHINGTON (AFP) — The International Monetary Fund wrapped up meetings with its coffers to fight the eurozone crisis $430 billion richer. Source of Story
  • April 21, 2012: WASHINGTON (AFP) — The IMF raised $430 billion in new funds for crisis intervention Friday, with China and other emerging economic giants taking part despite worries the money will go to more eurozone bailouts. Source of Story
  • April 20, 2012: LONDON/SINGAPORE (Reuters) - The global economy is set to expand by a modest 3.3 percent this year as a still-smoldering euro zone debt crisis and a relatively slow U.S. recovery continue to leave Asia as the main driver of growth, Reuters polls showed on Thursday. Source of Story
  • April 19, 2012: BANGKOK (AP) — Asian stock markets struggled for direction Thursday as investors remained wary following more unsettling news from economically fragile Spain and a record trade deficit in Japan. Source of Story
  • April 18, 2012: WASHINGTON (AFP) — The International Monetary Fund on Tuesday hiked its global growth forecasts but warned the outlook was "very fragile" and could be shattered by Europe's debt crisis and high oil prices. Source of Story
  • April 17, 2012: TOKYO (Reuters) - Asian shares were capped while the euro fell on Tuesday, as soaring Spanish borrowing costs underscored the fading impact of the European Central Bank's bond purchases and stoked investor nervousness over euro zone debt woes. Source of Story
  • April 16, 2012: BANGKOK (AP) — Asian stock markets sank Monday as Europe's debt crisis threatened to intensify again while growth in China slowed. Source of Story
  • April 15, 2012: BEIJING (AFP) — The US and the IMF welcomed China's decision to widen the trading band on the nation's currency, while analysts downplayed the likelihood of wide swings in the value of the yuan. Source of Story
  • April 14, 2012: NEW YORK (Reuters) - U.S. Treasury debt prices rose on Friday, pushing benchmark yields below the key psychological level of 2 percent, as falling stocks and worries over global economic growth fueled appetite for lower-risk assets. Source of Story
  • April 13, 2012: WASHINGTON (AFP) — The International Monetary Fund said Wednesday it probably needs less new money for crisis intervention than previously thought, crediting action by the eurozone for the change. Source of Story
  • April 12, 2012: NEW YORK (AP) — Oil closed at a two-month low on more troubling signs for the world economy. Source of Story
  • April 11, 2012: TOKYO (Reuters) - Asian shares fell for a third straight day on Wednesday as investors reduced their risk positions due to uncertainty over global growth prospects and resurfacing worries about debt restructuring in struggling euro zone economies. Source of Story
  • April 10, 2012: WASHINGTON (AFP) — A major global banking group said Monday that excessive spending cuts across the euro area are dragging the region's economy down and called for more spending by countries like Germany. Source of Story
  • April 9, 2012: SINGAPORE (AP) — Oil prices fell to near $102 a barrel Monday in Asia amid hopes international talks this week may help avoid military action over Iran's nuclear program. Source of Story
  • April 8, 2012: PARIS (AFP) — A flood of easy money courtesy of the European Central Bank made for a calm start to 2012 but a poor Spanish bond sale last week signals it may only have been a lull before the debt storm breaks, analysts warn. Source of Story
  • April 7, 2012: NEW YORK (Reuters) - The U.S. dollar slid on Friday in thin trading after sharply lower-than-expected U.S. jobs figures bolstered views the Federal Reserve could yet ease policy further to boost the world's biggest economy. Source of Story
  • April 6, 2012: BANGKOK (AP) — Asian stock markets were muted Friday in holiday-thinned trade ahead of a monthly U.S. hiring report. Source of Story
  • April 5, 2012: SINGAPORE (AP) — Oil prices rose above $102 a barrel Thursday in Asia, rebounding from a two-day sell-off fueled by a jump in U.S. crude supplies and speculation the Federal Reserve won't implement another round of monetary stimulus to boost economic growth. Source of Story
  • April 4, 2012: NEW YORK (Reuters) - World stocks fell and gold prices dropped 2 percent on Tuesday as minutes from the latest U.S. central bank meeting showed policymakers may be less willing to launch further economic stimulus. Source of Story
  • April 3, 2012: LONDON (AFP) — World oil prices surged Monday after stronger-than-expected manufacturing data in the United States, the world's top crude oil consumer, offset weaker figures in Europe. Source of Story
  • April 2, 2012: BANGKOK (AP) — Asian stock markets rose Monday after a Chinese survey showed that manufacturers in the world's No. 2 economy boosted production for a fourth straight month. Source of Story
  • April 1, 2012: LONDON (Reuters) - After a bumper first quarter fuelled by central bank largesse, investors are looking for potential potholes to derail a stock market rally which has already shown signs of tailing off in recent days. Source of Story

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