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China’s yuan now world’s fifth currency for payments
The yuan, also known as the renminbi (RMB), overtook the Canadian dollar and the Australian dollar to enter the top five of world payment currencies in November, according to a SWIFT statement.
Shares and dollar retreat before statement by Fed
Scepticism is growing that it will raise interest rates by mid-year
Saudi stocks rally as oil pares losses
DFM edges up 0.4% while ADX falls 0.3%
Mixed earnings and Greek jitters fuel market caution
Investors waiting Fed’s response to easing by central banks
European stocks shake off Syriza win in Greece
Gold falls 0.9% to $1,283, set for the biggest drop since December 31
Eyes on Fed after ECB’s QE
US Central bank expected to delay rate hike after global peers unleash stimulus
European, Asian equities boosted by stimulus plan
Europe’s ailing economy set to get a major dose of impetus
Sensex, Nifty hit new highs and healthcare stocks rise
Healthy buying was observed in healthcare, capital goods, automobile, banking and metal sectors, while selling pressure was seen in consumer durables and oil and gas scrip.
RIL raises $1 billion via bond issue
According to market analysts, raising the $1 billion through a 10-year bond is significant, as the company did not pay any new-issue premium.
Europe, Asia up over China economy data
Gold hits 4-1/2 month high on ECB worries
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