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Friday, January 29, 2016
Panic is so passé?
Vehicles equipped with automatic braking or front-collision warning are less likely to cause a rear-end crash, according to a study released Thursday by the insurance industry.
Thursday, January 28, 2016
The International Monetary Fund says it has made another 126.3 million euros (US$136.87 million) available to Cyprus after completing what it said was its second-to-last review of the Eurozone country's rescue deal.
Mainland Chinese stocks sank again Wednesday while other Asian markets rose and Europe retreated as investors looked ahead to the U.S. Federal Reserve's latest statement on interest rates and the economic outlook.
Wednesday, January 27, 2016
1 month after Fed raises rates, world economy slows
Since the U.S. Federal Reserve raised interest rates from record lows last month, the global picture has darkened. Stock markets have plunged. Oil prices have skidded. Mainland China's leaders have struggled to steer the world's second-biggest economy.
Global stock markets sank Tuesday, led by a plunge in the Shanghai index, after a renewed slump in the price of oil kept investors on edge about the world economy.
Tuesday, January 26, 2016
As the oil price war drags on, some traders are making a killing from the opportunities created by the oversupplied market.
European shares mostly fell and Wall Street was expected to open lower on Monday as oil prices slipped back below US$32 a barrel. Earlier, Asian markets closed higher on hopes for more central bank stimulus. Keeping Score
The chairman of Saudi Arabia's state oil giant said on Monday that plans for a possible initial public offering are not being driven by a need for cash amid a global slump in oil prices, but instead signal a desire for greater openness to outside investors.
Monday, January 25, 2016
Policymakers seek to reassure after turbulence
At the end of another turbulent week in financial markets, leading global policymakers sought Saturday to ease concerns over the economic outlook for 2016 and insisted that the slowdown in mainland China is a natural turn for an economy in transition.
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