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Goldman Sachs to pay $5bn in mortgage pactGoldman Sachs Group has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the US Department of Justice said on Monday. The settlement, which Goldman disclosed in Janua More… |
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Commodity surge lifts world equities; dollar fallsStocks on major world markets posted their biggest weekly advance since 2011 on Friday, as greater investor appetite for riskier assets propelled gains in equities and a surge in commodities and crude oil prices. Declines in the d More… |
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Asian stocks at 3-week highs before Fed decisionAsian stocks edged up to a three-week high on Thursday while the dollar drifted lower against other currencies as investors consolidated positions ahead of a nail-biting US Federal Reserve policy decision. The US Fed is considerin More… |
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Asian shares rise ahead of Fed rate decisionAsian shares followed Wall Street higher on Wednesday, albeit in thin volume, and short-term US bond yields held near 4 1/2-year highs as investors braced for the possibility of the first interest rate hike in the United States in almost a decad More… |
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World stocks near three-month peakWorld stocks edged up towards last week's three-month peak on Monday while the dollar held near a 15-year low versus the yen on rising expectations the Federal Reserve could soon buy bonds to support the economy. Weaker- More… |
