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| | | ... hints of progress in Europe's debt crisis. Stocks experienced wild swings after the US Labour Department reported that the country's economy generated 117,000 jobs in July and cut the official US unemployment rate down a notch to 9.1 per cent. Economists ... |
| | | | ... finance system. "We believe policymakers have shown an inability to take politics out of the equation and deal with the country's long-term fiscal imbalances. The legislation proposes to save about US$2.1 trillion over the next 10 years. In our view ... |
| | | | ... appointed Michael Wynn to the Australian transition management sales desk as the company intensifies its focus on Japan, a country where JP Morgan sees a large pool of potential clients for its financing and market products business. |
| | | | ... stocks overnight lost most of their gains for 2011, as poor economic data overshadowed a congressional deal to raise the country's debt ceiling and avoid default. The Dow Jones Industrial Average lost 265.87 points, or 2.19 per cent, to 11,866.62. The ... |
| | | | ... GDP growth of around 4-5%, inflation was the issue but it is getting under control at 5-6%, which would really allow the country to have good growth. Garcia said Brazil was very localised and domestic with a growing focus on local employment, loan growth ... |
| | | | ... stock markets surged after US President Barack Obama said lawmakers had reached a last-minute deal that would raise the country's debt ceiling and avoid a catastrophic default. Tokyo closed 1.34 per cent higher, by 131.98 points, at 9,965.01 and Seoul ... |
| | | | ... fell on growing concern that US lawmakers will not break a deadlock on a deal to avert a default by the world's richest country. Adding to downward pressure was news from Washington that a vote on a plan drawn up by Republican leaders had to be abandoned ... |
| | | | Australian shares were lower at noon as US politicians continue to squabble over how to resolve their country's debt issues. At 1200 AEST on Friday, the benchmark S&P/ASX200 index was down 12.1 points, or 0.27 per cent, at 4451.7, while the broader ... |
| | | | ... pressure was a decision by Standard & Poor's to further downgrade Greece's credit rating, saying plans to restructure the country's debt would entail a default. Tokyo tumbled 1.45 per cent, or 145.84 points, to 9,901.35 as the economic uncertainty sent ... |
| | | | ... bills and could default on its debt. Analysts say a US default would have a devastating effect on financial markets. The country would likely lose its triple-A credit rating, causing interest rates to soar. Stocks could plunge. The Dow Jones industrial ... |
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