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Asian stocks rally after China announces stimulus package - SummaryTokyo - Asian stock markets staged strong rallies Monday, with Japan's key Nikkei 225 Stock Average closing above the 9,000-point threshold, following the announcement of an economic stimulus package by the Chinese government. The Nikkei index soared... ... |
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Emirates profit sinks on oil costEmirates Airline reports a 88% drop in its net profit for half a year to 30 September on higher oil prices. ... |
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Now Could Be The Time To Nibble On Oil Service StocksDon’t expect oil prices to remain at these low levels for long, says Byron King. Demand weakness for crude is temporary. And oil-producing nations cannot sustain their own economies unless oil prices are close to $100 a barrel. Byron says it could be time for investors to slowly build up a... |
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Web Site Tracks Sinking Flight PricesToday, Delta and Northwest got rid of fuel surcharges on frequent flier tickets. Other airlines have reduced that fee as oil prices have dropped. Carriers are also realizing they have too many empty seats, so there's a window of discounting going on to fill them up. ... |
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Dow below 9,000 in accelerated selloffA stock selloff accelerated Thursday afternoon, as weak retail sales, falling oil prices and more woes for automakers added to fears of a prolonged recession. ... |
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Dow falls below 9,000A stock selloff accelerated Thursday afternoon, as weak retail sales, falling oil prices and more woes for automakers added to fears of a prolonged recession. ... |
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