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Sri Lanka buys 10 tonnes of IMF gold
- 4 Hours ago
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WASHINGTON, Nov 25 (Reuters) - The International Monetary Fund said on Wednesday it had sold 10 tons of gold to the Central Bank of Sri Lanka, using Monday's market prices for the transaction. In a statement,
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Oil rises on inventory data, dollar
- 5 Hours ago
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By Rebekah Kebede NEW YORK (Reuters) - Crude oil prices rose toward $77 a barrel on Wednesday, supported by lower-than-expected builds in U.S. oil inventories last week, a weak U.S. dollar and gains on
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SAP says emerging markets stabilising
- 9 Hours ago
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BANGALORE (Reuters) - German software giant SAP is seeing a stabilisation of demand in emerging markets, including China and India, as its deal pipeline improves and companies loosen their purse strings
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EMERGING MARKETS-Up after Fed report; rouble eases
- 12 Hours ago
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LONDON, Nov 25 (Reuters) - Emerging stocks rose 0.4 percent on Wednesday due to the Federal Reserve's positive assessment of the U.S. economy while the rouble eased after a rate cut and on signs Russia
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U.S., India to tackle economy, security
- 23 Hours ago
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President Obama welcomes Indian Prime Minister Manmohan Singh on a state visit Tuesday at the White House. STORY HIGHLIGHTS NEW: Afghanistan, climate change, economy, nuclear civil deal on two leaders'
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UPDATE 1-Zimbabwe October inflation up on food prices
- 9 Hours ago
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HARARE, Nov 25 (Reuters) - Zimbabwe's inflation quickened to to 0.8 percent month-on-month in October from -0.5 percent in September, pushed up by higher prices for food and non-alcoholic beverages, the
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Deficit warning raised by IMF
- 9 Hours ago
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raised growth forecasts for this year and the next, with officials saying this would be led by increased consumption and migrant worker remittances. 'Despite improved VAT (value-added tax) compliance
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Egypt fiscal Q1 BoP surplus rises to $2.05 bln: c.bank
- 12 Hours ago
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CAIRO (Reuters) - Egypt's balance of payments (BoP) surplus rose to $2.05 billion in the first quarter of this fiscal year from $459 billion a year ago, the central bank said in a statement received by
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Sensex closes 68 points up
- 12 Hours ago
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MUMBAI: In choppy trade, the Bombay Stock Exchange benchmark Sensex gained 68 points as investors reshuffled their portfolios on the eve of expiry in current month contracts in the derivatives segment.
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UPDATE 1-S.Africa's COSATU seeks economy overhaul
- 13 Hours ago
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JOHANNESBURG, Nov 25 (Reuters) - South Africa's COSATU trade union federation said on Wednesday it wanted a total overhaul of the economy and favoured a rand exchange rate of around 10 to the dollar to
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Indian shares up 0.4 pct; Infosys hits new high
- 13 Hours ago
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* Main index at highest close in 5 weeks; volume light * Reliance Industries, ITC lead gainers * Infosys rallies after CFO comments at Reuters Summit (Updates to close) MUMBAI, Nov 25 (Reuters) - Indian
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Russia sees '09 budget deficit at 6.9pct of GDP
- 13 Hours ago
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MOSCOW, Nov 25 (Reuters) - Russia's 2009 budget deficit will total 6.9 percent of gross domestic product, Russian Finance Minister Alexei Kudrin said on Wednesday. 'The budget deficit will be 6.9 percent
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Russia c.bank sees low inflation risks of H1 2010
- 16 Hours ago
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MOSCOW, Nov 25 (Reuters) - The Russian central bank said it saw little risk of a spike in inflation in the first half of 2010 as a traditional rise in January will be two times lower than in January 2009,
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IMF sees Philippine remittances up 6 pct in 2010
- 16 Hours ago
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MANILA, Nov 25 (Reuters) - The International Monetary Fund said on Wednesday that remittances to the Philippines from its nationals working overseas should grow 6 percent in 2010 after expanding 4 percent
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Manila c.bank says sees Nov inflation at 2.4-3.3 pct
- 17 Hours ago
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MANILA, Nov 25 (Reuters) - Philippine annual inflation will likely come in between 2.4 percent and 3.3 percent in November, accelerating from 1.6 percent in October, due to supply-side pressures after
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Infosys hits all-time high as Sensex rebounds
- 4 Hours ago
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Indiaâ??s benchmark stock index rose, reversing earlier losses, led by banks on a report that the Finance minister signaled he would keep the cost of borrowing at a record low. HDFC Bank Ltd., the nation's
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Sensex advances by 68 points
- 4 Hours ago
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MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, advanced by 68 points and closed at 17198.95 on Wednesday as volatility became the order of the day ahead of the expiry of the November contract.
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Why Brazils ETFs Are Among the Emerging Market Leaders
- 5 Hours ago
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Brazil is a country on the rebound. The countrys related shares and ETFs have reflected this with stellar performance so far this year. Why is Brazil a leader among emerging and developed markets? Brazils
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IMF hikes growth forecast
- 9 Hours ago
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The International Monetary Fund (IMF) concluded its weeklong review of the economy with an upward adjustment of gross domestic product (GDP) growth to 1.5 percent this yearwithin the government target
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