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Oil drops to near $85 as China trade growth slows
Jul 10th, 2012
Oil dropped to near $85 a barrel Tuesday after weak Chinese trade figures suggested the economic slowdown in the world's second-largest crude consumer is deepening. (Source: Associated Press) -
LONDON (AP) - The price of silver was the standout mover in financial markets Monday as it took a hammering for the second trading session in a row, even as stocks remained relatively solid amid hopes over the U.S. economy. (Source: Associated Press)... [Full Article]
NEW DELHI (AP) - China's premier has told Indian business leaders that the two Asian giants need to establish stronger economic ties. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves. (Source: Associated Press)... [Full Article]
MUMBAI (Reuters) - Standard & Poor's expects India to grow around 6 percent in the current fiscal year ending March 2014, said credit analyst Takahira Ogawa. The rating agency also does not expects any significant improvement in structural reforms in India, Ogawa said in a teleconference, after reiterating in a release the negative outlook... [Full Article]
By Cameron French TORONTO (Reuters) - Canadian Imperial Bank of Commerce's remake from swashbuckling Wall Street player to low-risk Canada-focused lender has stabilized its earnings, but some shareholders now worry that the bank faces outsized exposure to an uncertain housing market. The bank's homebound approach - which CIBC trumpets as ... [Full Article]