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Thursday, April 16, 2015
European equities rebounded Wednesday as weak Chinese economic growth data stoked Beijing stimulus hopes, while traders geared up for the latest eurozone interest rate call and eyed rising oil prices.
The dollar was mixed Wednesday after a disappointing U.S. retail sales report aggravated concerns about the health of the world's top economy, while upbeat factory output data supported the embattled euro.
Oil prices climbed in Asia for a fifth-straight trading day Wednesday following forecasts that U.S. shale production would likely decline and help ease a global supply glut, analysts said.
Wednesday, April 15, 2015
Global commerce is expected to grow just 3.3 percent this year, the World Trade Organization said Tuesday, slashing its previous forecast of 4.0 percent over weak global economic growth and rising geopolitical tensions.
The health care sector has become the hot target for hackers in recent months, according to researchers at Symantec, a leading cybersecurity company that says it's also seeing big increases in "spear-phishing," "ransomware" and efforts to exploit newly discovered vulnerabilities in software used by a wide range of industries.
A global study of pesticides in streams and waterways released Monday found that such pollution is rare, but when found it exceeded regulatory limits about half the time.
Global stocks were mixed in muted trading Tuesday amid a lack of fresh news to buoy market sentiment following an overnight slide on Wall Street.
Crude prices rose further in Asia Tuesday on forecasts U.S. shale oil production will decline and hopes the Chinese government will roll out a stimulus package for the slowing economy.
The yen picked up against the U.S. dollar and euro on Tuesday after an economic adviser to Japanese Prime Minister Shinzo Abe said the unit had slid far enough.
Tuesday, April 14, 2015
The current wave of corporate takeovers and mergers is set to grow, with the appetite for deals among executives hitting a five-year high thanks to a strong U.S. dollar and low oil prices, a global survey found Monday.
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