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Market News

Location American Market News for 4 July 2015

Get Ready to Weather the Price of El Niño

Wall Street Journal - 4 Jul 2015 12:04
The return of the El Niño weather phenomenon is forcing agricultural commodity players to prepare for low crop yields and heightened price volatility.
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World Bank Deletes Critical Passage on China

Wall Street Journal - 4 Jul 2015 01:21
The bank removed from a recent report its call on the Beijing government to reduce its influence on the country's financial system, raising questions over internal controls and external influence at the international bod...
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Greece is attracting much of the attention, and deservedly so, with the referendum looming for this Sunday, but Greece is by no means the only risk facing the market.  In fact, Greece may not even make the top three in ...
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Malaysia's attorney general said a probe into a troubled state investment fund has uncovered documents related to allegations that money was transferred into the personal bank accounts of Prime Minister Najib Razak.
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Formula One's multi-millionaire camp site F1 title rivals Lewis Hamilton and Nico Rosberg have forsaken the luxury of a plush hotel to pitch their motor homes next to each other on a camp site at the British Grand Prix.
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China stock brokers set up $19 billion fund to stem market rout The 21 brokers led by Citic Securities will invest the equivalent of 15% of their net assets as of the end of June, or no less than ¥120 billion in total
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Gold recovers on buying by jewellers; silver remains higher Gold of 99.9 and 99.5% purity went up by Rs50 each to Rs26,550 and Rs26,400 per ten grams respectively
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China Setting Up Fund to Stabilize Stock Market

Wall Street Journal - 4 Jul 2015 08:49
China is establishing a market-stabilization fund aimed at fighting off the biggest stock selloff in years, according to an official statement and people with knowledge of the matter.
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Malaysia's anticorruption agency will look into Wall Street Journal report that investigators have traced nearly $700 million of deposits into what they believe are the personal bank accounts of Malaysia's prime minister...
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