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As the Fed beats the rate rise drum, Wall Street closes down

The major Wall Street indexes ended the day lower on Thursday as worries grew that the Federal Reserve's assertive interest rate policy will trigger...

Asian stocks increase as evidence of the effectiveness of rate hikes

Wednesday saw an increase in Asian markets as investors gained confidence that future interest rate increases may be less pronounced due to early indications...

Wall Street rises as data; RBA action raises expectations of Fed easing

The S&P 500 index (.SPX) had its largest one-day gain in two years on Tuesday as lower U.S. economic data as well as Australia's...

Credit Suisse still at the centre; prior that is the change in strategy

On Monday, when markets placed Credit Suisse (CSGN.S) under close examination, the bank's shares and bonds experienced precipitous declines.Insisting that its capital & liquidity...

Germany’s RWE purchases sustainable energy from Con Edison in a $6.8 billion shift

RWE (RWEG.DE), the largest power producer in Germany, has agreed to pay $6.8 billion for Con Edison's (ED.N) Clean Energy Businesses, roughly doubling RWE's...

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