Taiwan approves $123.9 bln infrastructure plan
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1 hour, 23 minutes ago
Taiwan's cabinet approved Thursday an 3.99 trillion New Taiwan dollar infrastructure spending plan over eight years, according to a media report. The government will budget NT$2.79 trillion for the projects while NT$1.2 trillion will come from private investors, according to Dow Jones Newswires, which cited a cabinet statement.
Banks drag on Indian shares, metals stocks rise
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1 hour, 37 minutes ago
Indian shares slid lower Thursday as banking stocks declined in line with the weak regional markets, though gains posted by commodity producers in the wake of strong gold prices limited losses.
China Minsheng's IPO weighs on Hong Kong shares
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Wed 9:21 pm ET
Hong Kong shares declined early Thursday with Chinese banking shares weighed down as a weak debut for China Minsheng Bank Corp. Ltd. hurt sentiment. The Hang Seng Index fell 0.6% to 22,477.90 and the Hang Seng China Enterprises Index dropped 0.8% to 13,345.88.
BOJ minutes: loan program could be extended
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Wed 7:59 pm ET
Minutes of the Bank of Japan's Oct. 30 policy board meeting released Thursday showed members suggested that central bank could extend a low-interest loan program which is now due to expire at the end of the fiscal year in March.
AIG resolves scuffle with former CEO, CFO
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Wed 4:36 pm ET
American International Group said late Wednesday that it resolved all disputes with the insurer's former Chief Executive Maurice "Hank" Greenberg and ex-Chief Financial Officer Howard Smith.
U.S. stocks end up; materials front rise
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Wed 4:12 pm ET
U.S. stocks finished higher on Wednesday, with materials and consumer discretionary shares fronting the gains, after a drop in weekly unemployment claims to the lowest level in more than a year.
U.S. natural gas inventories rise 2 bcf: EIA
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Wed 12:12 pm ET
U.S. natural gas inventories rose 2 billion cubic feet in the week ended Nov. 20, the Energy Information Administration reported. At 3,835 billion cubic feet, stocks were 404 billion cubic feet higher than last year at this time and 442 billion cubic feet above the five-year average.
Gold hits record near $1,186/oz as dollar falls
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Wed 12:06 pm ET
Gold prices extended their rise into record territory Wednesday, nearing $1,186 an ounce, as a sliding dollar bolstered investors' appetite for assets seen as more stable when paper currencies depreciate.
Oil rises on weaker dollar, EIA data
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Wed 11:47 am ET
Crude-oil rose Wednesday, as a weaker dollar boosted dollar-denominated commodities' prices and as government data showed U.S. crude inventories rose less than expected last week. Also raising oil prices, data showed consumer sentiment rose this month, and new home sales advanced in October.
Hershey seeks Penn. blessing for Cadbury bid: WSJ
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Wed 11:28 am ET
Hershey Trust Co., the philanthropic entity overseeing Hershey Co. , is seeking the blessing of the Pennsylvania attorney general for a potential bid for Cadbury PLC to avoid political issues that sidelined previous deals, The Wall Street Journal reported in its online edition, citing people familiar with the matter.
Crude inventories rise 1 million barrels: EIA
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at MarketWatch
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Wed 10:38 am ET
Crude inventories rose 1 million barrels in the week ended Nov. 20, the Energy Information Administration reported Wednesday. Gasoline inventories rose 1 million barrels and distillate stockpiles, which include heating oil and diesel, fell 500,000 barrels.
Treasurys fall more on sentiment, home sales data
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at MarketWatch
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Wed 10:15 am ET
Treasurys lost more ground early Wednesday, sending their yields higher, after a gauge of U.S. consumer sentiment was revised to a higher than expected level, while sales of new homes jumped in October.