NEW YORK (Xinhua) — The U.S. dollar rose against most major currencies this week against the backdrop of the ongoing European debt crisis and upbeat economic data.
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WELLINGTON (Xinhua) — Costs for New Zealand businesses rose in the quarter to the end of September, driven by a surge in electricity prices, according to the latest producers price index (PPI) issued by the government statistics agency Thursday.
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CHICAGO (Xinhua) — Gold futures on the COMEX Division of the New York Mercantile Exchange retreated on Wednesday, following U.S. equities lower and pressured by the earlier strength in U.S. dollar, as risk appetite continued to be hit amid swelling concern over the debt plaguing the Eurozone.
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NEW YORK (Xinhua) — The competitive divergence between northern and southern European countries caused the “odd dilemma” that European leaders must face in addressing the ongoing sovereign debt crisis, former U.S. Federal Reserve Chairman Alan Greenspan said on Thursday.
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BANGKOK (Xinhua) – A survey said that the volume of money circulating during the upcoming Loy Krathong Festival is forecast to fall to its lowest level in five years amid the country’s flood crisis, local media reported Wednesday.
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