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Japan’s Consumer Inflation Slows to 0.2% as Recession Deepen
Consumer prices excluding fresh food rose 0.2 percent from a year earlier, slower than the 1 percent pace in November, the statistics bureau said today in Tokyo. The result was lower than the 0.3 percent median estimate of 35 economists surveyed.
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Japan Dec Industrial Output -9.6% on Month
Industrial output in Japan was down 9.6 percent in December compared to the previous month, the Ministry of Economy, Trade and Industry said on Friday, posting an index score of 84.6 and marking the statistic's largest monthly decline since Tokyo
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Investors worried over gold, platinum & silver ETFs?
Even though the world is gung-ho over the gold demand and rising bullion prices, there are sceptics who doubt the potential of gold, silver and platinum in the coming days.
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China, Germany pledge joint efforts to stabilize global eco.
China and Germany have vowed to make joint efforts to stabilize the global economy amid the ongoing financial and economic crisis, said a joint statement issued Thursday.
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Global slowdown stuns Japan's economy, threatens Australia's
Japanese industrial production fell a record 9.6 per cent in December, according to a preliminary estimate, and this month's drop is predicted to be as severe.
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Daily Forex Commentary January 30
The Aussie dollar failed to maintain momentum gained in early Sydney trade yesterday peaking at 0.6680. Throughout the majority of the Asian session investors took profit selling the AUD down on fears that impending U.S economic data scheduled fo
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Yen climbs to multi-day highs against dollar, franc and euro
The Japanese yen jumped to multi-day highs against the currencies of the U.S, Switzerland and Europe in early Asian trading on Friday.
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Risk Aversion Returns as Recession Deepens
The dollar rose on safe haven flows in NY trading Thursday as risk aversion increased on concern the recession is deepening.


