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REFILE-METALS-Copper edges up on optimism over U.S. recovery
Reuters(Refiles to correct days of week in paragraphs 1, 3) SINGAPORE, May 15 (Reuters) - London copper inched up on Wednesday as investor appetite for risk picked up ahead of economic data expected to underline a U.S. recovery, but a dimming growth outlook in...Tags: Japan, China, Metal, Gross Domestic Product, Consumer Confidence
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Israel cabinet okays new budget draft with large defence cuts
ReutersJERUSALEM, May 14 (Reuters) - Israel's cabinet on Tuesday approved the 2013-2014 budget draft that will slash spending and hike taxes this year and next to rein in a growing budget deficit. Cabinet ministers approved the 17-month state spending package...Tags: Politics, National Government, Public Finance, Government, Money and Monetary Policy
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Narrow base cools economic impact of hot Ghana bourse
Reuters* SME's seen wary of increased scrutiny if they list * Govt seen reluctant to release stake in key firms * Ghana bourse in middle of African pack By Matthew Mpoke Bigg and Kwasi Kpodo ACCRA, May 14 (Reuters) - Ghana's bourse is up more than 50 percent...Tags: Coca-Cola Co., AngloGold Limited, Politics, Mutual Funds, National Government
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HIGHLIGHTS-Australia releases 2013/14 budget bill and economic forecasts
ReutersSYDNEY, May 14 (Reuters) - Australia's minority government released its 2013/14 budget bill on Tuesday, which showed a widely-flagged deficit in the new fiscal year. *************************************************************** KEY POINTS: 2013/14...Tags: Weather, Mining, Weather Reports, Politics, Public Finance
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German investor morale rise points to timid recovery
ReutersMANNHEIM, Germany (Reuters) - German analyst and investor sentiment edged up in May after dropping sharply in the previous month, suggesting the euro zone's largest economy is overcoming concerns over a flare-up in the bloc's debt crisis and is back on...Tags: Money and Monetary Policy, Elections, European Debt Crisis, Angela Merkel, Politics
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ANALYSIS-Malta unlikely to follow Cyprus into crisis
Reuters* Size of banking sector has raised comparisons with Cyprus * But Malta's banking model is seen as more stable * Economy of 450,000 is growing, pace seen accelerating By Martin Santa BRUSSELS, May 13 (Reuters) - Cyprus and Malta have a lot in common:...Tags: European Parliament, Cypriot Banking Crisis (2013), Malta, European Union, Market and Exchange
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Cars, home improvement give April retail sales a boost
Spring’s arrival late in April gave retail sales a light boost as Americans emerged from hibernation to spend on cars, gardening goods and building supplies. From March to April, sales rose a slight 0.1% after declining a revised 0.5% from...
Tags: Home Improvement, Services and Shopping, Petroleum Industry, National Retail Federation, Vehicles
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CANADA FX DEBT-C$ firms as U.S. retail sales unexpectedly rise
Reuters* C$ at C$1.0095 vs US$, or 99.06 U.S. cents * U.S. retail sales up 0.1 pct * Bond prices lower across the curve By Solarina Ho TORONTO, May 13 (Reuters) - The Canadian dollar was slightly firmer against its U.S. counterpart on Monday, helped in part...Tags: Foreign Exchange Market
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U.S. business inventories flat for second straight month
ReutersWASHINGTON, May 13 (Reuters) - U.S. business inventories were unchanged in March for a second straight month as automobile, furniture and clothing stocks fell, according to a government report on Monday that suggested restocking could be a boost to...Tags: Automotive Equipment, Inventories, Gross Domestic Product, Manufacturing and Engineering
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WRAPUP 2-US retail sales edge up, show some strength in economy
Reuters* Retail sales rise 0.1 percent in April * Autos, electronics, building materials lift sales * Core retail sales rise 0.5 percent * Report suggests momentum in economy despite budget cuts By Lucia Mutikani WASHINGTON, May 13 (Reuters) - U.S. retail sales...Tags: Building Material, Petroleum Industry, Consumers, Science and Technology, JPMorgan Chase & Co.
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WRAPUP 3-U.S. retail sales gain shows some strength in economy
Reuters* Sales rise 0.1 percent in April, core sales up 0.5 percent * Autos, electronics, building materials lift sales * Economy has momentum despite tax hikes, budget cuts By Lucia Mutikani WASHINGTON, May 13 (Reuters) - U.S. retail sales unexpectedly rose in...Tags: Building Material, Goldman Sachs Group, Inc., Petroleum Industry, Consumers, JPMorgan Chase & Co.
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Retail sales jump unexpectedly in April
ReutersRetail sales in the U.S. posted a surprise gain last month, further underscoring the economy's underlying strength and causing forecasters to raise their growth expectations. Retail sales account for about 30 percent of consumer spending and are a key...Tags: Building Material, Goldman Sachs Group, Inc., Petroleum Industry, Consumers, JPMorgan Chase & Co.
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