British PM heads to the Middle East

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Dollar gains against rival currencies

The U.S. dollar rose against its main trading partners Friday as investors took shelter in lower-yielding currencies at the end of a volatile month in global financial markets.
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Oil falls below $65 on demand concerns

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China’s drive into U.S. car market stalls

It’s been more than three years since Chinese auto makers first sent chills down Detroit’s spine with plans to sell cars in the United States beginning last year. China, now the world’s second-largest automobile producer, was already selling low-cost vehicles in dozens of countries around the world at the time – with jarring success.
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World markets retreat

Global stock indexes mostly fell Friday, with the Nikkei declining sharply even after the Bank of Japan cut rates for the first time in seven years.
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Japan cuts rates – first time in 7 years

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Dollar gains ground

The U.S. dollar rose Thursday as investors responded to higher stock prices and a report that showed the nation’s economy shrank in the third quarter.
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Dollar regains ground

The U.S. dollar rose Thursday after being pushed lower earlier in the session by rising stock prices overseas.
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Weak economy drops oil below $66

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Dollar weakness continues

The U.S. dollar continued to weaken against other currencies Thursday as central banks worldwide stepped up efforts to forestall a global economic recession.
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In Japan, hoping for a rate cut

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Japan unveils $275B stimulus package

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Asian shares soar on rate cuts

Global stock indexes soared Thursday, buoyed by new efforts the world’s central banks are taking to battle the slumping global economy.
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Fed: New credit lines with foreign banks

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GM global sales plunge

General Motors reported sharply lower global sales as weakness in the nation’s leading automaker’s domestic sales spread to overseas markets.
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America: Still number one

The United States is suffering the worst financial crisis since the Great Depression. The nation’s reliance on the rest the world to support its rampant spending is increasing. Now some people are asking the once-unthinkable question: Is the United States at risk of losing its status as the world’s top financial superpower?
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Fed, New Zealand in $15B swap

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Rate-cut hopes lift global shares

Stocks in Europe and Asia extended a global rally Wednesday as rate-cut hopes bolstered investors.
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GMAC stops lending in 7 countries

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US official to Gulf: Invest in America

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GMAC stops lending in 7 European countries

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