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Nikkei at 2-mth closing high, logs 7-day winning run - Guardian Unlimited
TOKYO, Jan 7 (Reuters) - The Nikkei average rose 1.7 percent on Wednesday to hit a two-month closing high as exporters such as Honda Motor surged on a softer yen and amid hopes for a U.S. stimulus package to boost the economy. The benchmark logged ...
Read more...Satyam mayhem continues; Sensex in deep red - Economic Times
MUMBAI: Equities witnessed sell-off Wednesday after promoters of Satyam Computers cheated investors by inflating its balance sheets. Indices plunged after traders offloaded positions as sentiments turned bearish. Realty, IT and oil&gas stocks were ...
Read more...Israel and Hamas study Gaza ceasefire - Financial Times
Israel said it would study an Egyptian ceasefire plan as its government on Wednesday also prepared to consider an escalation of the 12-day offensive that would push troops deep inside Gaza’s cities and refugee camps. The Egyptian proposal emerged ...
Read more...Dollar Near 5-Week High After GM Says May Not Need More Funds - Bloomberg
Jan. 7 (Bloomberg) -- The dollar traded near a five-week high against the yen after General Motors Corp. said rescue loans already pledged by the government should ensure the biggest U.S. automaker’s survival. The dollar was also near its strongest ...
Read more...Nikkei up 2 pct, poised for 7-day winning streak - Reuters
TOKYO, Jan 7 (Reuters) - The Nikkei average rose 2.1 percent on Wednesday, after hitting its highest point in two months, as exporters such as Honda Motor ( 7267.T ) surged on a softer yen and amid hopes for a U.S. stimulus package to boost the ...
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