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International News

US close: Stocks surge on GDP data
Thursday 28 Aug 2008
Wall Street surged ahead after US gross domestic product grew faster than expected in the second quarter, while oil prices slipped lower.
US midday: GDP growth boosts stocks
Thursday 28 Aug 2008
US stocks gained after the economy advanced at a faster pace than predicted over the second quarter.
Europe: Data and oil prompt surge
Thursday 28 Aug 2008
European bourses charged ahead during the afternoon as US growth data got investors excited and oil prices fell.
US GDP surprises on the positive side
Thursday 28 Aug 2008
US Gross Domestic Product grew faster than expected in the second quarter, driven by buoyant exports and the benefits of the government’s tax stimulus package.
Sears resigned to flat or negative earnings growth
Thursday 28 Aug 2008
US department store Sears has given up hope of besting last year's earnings performance after a poor second quarter and continued evidence of a weakening economy.
US pre-open: Nervously awaiting GDP data
Thursday 28 Aug 2008
US shares look set to give back some of Wednesday’s gains, although sentiment may be altered by the release of US Gross Domestic Product data, which will include the core PCE reading, which measures prices paid by individuals for items excluding food and energy.
Europe midday: Markets recover
Thursday 28 Aug 2008
Financials have reversed earlier losses and are now pushing the European markets forward, though the German benchmark index is still in the red
Europe open: Financials weigh on markets
Thursday 28 Aug 2008
European stocks are lower in early deals as financials weigh, while higher oil prices are also dragging on the markets.
Asia: Property fears weigh again on Tokyo
Thursday 28 Aug 2008
Japanese stocks were mixed to lower Thursday, although the Nikkei 225 index inched higher to 12,768, up 15 points. The Topix index, however, fell 4 points to 1,219.
US close: Stocks rise as goods orders climb
Wednesday 27 Aug 2008
US stocks were higher for the second day running with stocks boosted by unexpectedly strong US durable goods data and rising oil prices.
US midday: Modest progress
Wednesday 27 Aug 2008
US stocks made moderate progress in the morning, with sentiment boosted by unexpectedly strong US durables goods data, as well as the downgrading of hurricane Gustav to tropical storm status.
Europe close: Losses retraced, finish mixed
Wednesday 27 Aug 2008
European stocks finished mixed thanks to a strong start on Wall Street, which rose on data that US durable goods orders rose faster than expected in July.
Cisco snaps up MS Outlook rival
Wednesday 27 Aug 2008
Networking products giant Cisco Systems is to purchase privately owned software company PostPath.
US open: Stocks post decent gains
Wednesday 27 Aug 2008
US stocks have started with decent gains as upbeat economic news offset the increase in crude price.
US Durable Goods orders unexpectedly strong
Wednesday 27 Aug 2008
The US economy got an unexpected but welcome lift as US durable goods orders rose faster than expected in July, thanks to strong demand for transport equipment.
US pre-open: Oil expected to dampen Wall Street
Wednesday 27 Aug 2008
US stocks are poised to start slightly lower on worries that hurricane Gustav will disrupt oil installations in the Gulf of Mexico.
Europe: Financials weigh
Wednesday 27 Aug 2008
European stocks are in the red as financials and oil reliant issues drag down the markets.
Asia: Property woes weigh on Nikkei
Wednesday 27 Aug 2008
The Nikkei fell Wednesday with real estate stocks down sharply on concern about the latest company to file for bankruptcy.
US close: Dow holds early gains
Tuesday 26 Aug 2008
US blue chips held onto their early gains helped by some better-than-expected economic data.
US midday: Stocks keep gains
Tuesday 26 Aug 2008
US stocks have held onto their early gains helped in by some better-than-expected economic data.

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