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//global
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Volkswagen to recall rigged cars in January

Volkswagen Group Australia said today that 54,745 cars, 17,256 commercial vehicles and 5,148 Skoda vehicles were affected in Australia.
Posted On Oct 07 2015
, By Brain Carroll
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Gold near one-week high as investors see Fed delaying rate hike

The gold price surged by almost $40 or over 3% on Friday, at its peak and is trading only slightly weaker at around $1,135 per troy ounce as the new week gets underway.
Posted On Oct 07 2015
, By Mike Harrison
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World stocks up on hopes for Fed hike delay, Japan stimulus

All three major US indexes have gained since Friday when a weak U.S.jobs report led to expectations that the Federal Reserve would not raise interest rates this year, meaning the era of near-zero interest rates would continue. Stocks had trimmed a few of their gains earlier in...
Posted On Oct 06 2015
, By David Lee
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Indian services growth slowed in September – PMI

But the survey suggested stronger demand from Europe and Africa, and a few economists saw it pointing to more normal growth rates rather than potential stagnation. But the weakening outlook in the United Kingdom, where the services PMI has now fallen for the third consecutive...
Posted On Oct 06 2015
, By Dave Sharp
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Putin says Russian Federation has no plans to deploy combat troops in Syria

Iran’s president Hassan Rouhani, speaking on the sidelines of the UN General Assembly meeting in New York, said removing Mr Assad could turn Syria into a safe haven for extremists.
Posted On Oct 06 2015
, By Brain Carroll
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The United States oil rig count is collapsing again

The crude being pumped out of USA shale formations helped create a global glut that’s pushed prices down nearly 60 percent since June 2014.
Posted On Oct 06 2015
, By David Lee
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United States bonds fall on Yellen comments; GDP growth backs Fed hike

USA stocks climbed Friday morning after three days of losses.
Posted On Oct 05 2015
, By David Lee
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National job growth disappoints in September

The USA has experienced soft patches in job growth before in this expansion, and officials have been expecting job growth to slow from its quick pace earlier this year and last.
Posted On Oct 05 2015
, By David Lee
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Flagging service sector growth highlighted

The rate of United Kingdom economic growth slowed to a two-and-a-half year low in September, according to PMI survey data, suggesting that the economy sank further into a soft patch at the end of the third quarter.
Posted On Oct 05 2015
, By David Lee
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RBI cuts repo rate by 50 basis points to 6.75%

In its third rate cut this fiscal (20 bps in April and 10 bps in June), Axis Bank cut its base rate to 9.50 per cent from 9.85 per cent. “The new rate will be with effect from October 5, 2015″.
Posted On Oct 05 2015
, By David Lee
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Stocks, dollar sink after weak jobs report suggests slowdown

United States stocks opened sharply lower following the jobs report, which one leading analyst labeled “decidedly bad”.
Posted On Oct 05 2015
, By David Lee
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Japan September PMI survey shows services grow at much slower pace

Readings above 50 signal an improvement in business conditions from the previous month, while readings below 50 show a worsening.
Posted On Oct 05 2015
, By Tina Kim
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Refer Syrian crisis to Criminal Court — United Nations chief

Language, however, no matter how beautifully expressed, can not replace facts and reality. “During Obama’s speech, people were yawning”. Poverty and the environment, trade and development. Instead, he will take a long-term approach and address human rights...
Posted On Oct 05 2015
, By Brain Carroll
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U.S. stocks open higher on Yellen speech, GDP data

In a speech late Thursday, Fed Chair Janet Yellen, who spoke a week after the Fed delayed a long-anticipated rate hike, said she and other Fed policymakers do not expect recent global economic and financial market developments to significantly affect the central bank’s policy.
Posted On Oct 04 2015
, By David Lee
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UNICEF says new United Nations goals more realistic than MDGs

Adoption of the 17 Sustainable Development Goals, or SDGs, caps three years of brainstorming and negotiations with input from almost every corner of the world, organizers say, and provides a roadmap for countries to finance and create change.
Posted On Oct 04 2015
, By Brain Carroll
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