Raleigh News Now

China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s

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Hopes of business-friendly reforms in India fade

Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is watching his popularity wane. Narendra Modi swept into power in

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Chinese stocks plunge more than 6%

China’s Shanghai composite index plunged more than 6% Thursday — its biggest one-day drop in a month — amid ongoing fears about the health of the world’s second largest economy.

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Global markets rally as Japanese stocks surge 7% on extra stimulus hopes

European and Asian markets rallied Monday as Japanese stocks surged after dismal growth data raised hopes of extra stimulus from Tokyo. Japan’s Nikkei 225 index rebounded from a 5% dive

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Europe racks up billions in deals with Iran now that sanctions are lifted

Europe is racking up billions in deals with oil-rich Iran as its president, Hassan Rouhani, makes a goodwill tour less than two weeks after the lifting of international sanctions on

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Chinese stocks dive more than 6% as oil falls

China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy. The Shanghai composite index dived 6.4% to

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Chinese economic growth in 2015 was weakest in 25 years

China’s economy grew at its slowest rate in 25 years last year, according to official statistics released today. The Communist-led country saw its economy expand 6.9% overall in 2015 and

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EU orders 35 companies to pay $765M in taxes

Thirty-five large companies have been ordered to fork over $765 million in tax breaks that European Union regulators have ruled were illegally provided by Belgium. The European Commission, the EU’s

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China woes continue as benchmark plunges 5%

Chinese stocks started the week with heavy losses, diving more than 5% Monday as other global markets also fell. U.S.

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China launches probe of Microsoft’s data practices, alleging “major problems”

The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic

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Oilprice.com: Saudi-Iran dispute won’t boost oil

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets

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China angst shows markets as fragile as fine china

On the first day of trading in 2016, China lived up to its reputation as a “shock to watch” in

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Japan sidesteps recession, revised growth at 1%

Japan sidestepped recession last quarter: Revised data released Tuesday showed its economy grew at an annual 1.0 percent pace instead

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Chinese stocks fall 5.5%, other Asian markets down

China’s main stock market index fell more than 5% on Friday after two securities firms said they are under investigation

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Terror and markets: Sell-offs tend to be short-lived

The deadly terror attacks in Paris are likely to strike financial markets, too, when trading resumes Monday. But the initial

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China issues blueprint for state industry overhaul

China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries even as it aims to retain the

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World markets stage mixed comeback

Battered world financial markets attempted to reclaim lost territory Wednesday with mixed success. In Asia, Tokyo’s benchmark Nikkei 225 index

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Wait continues for easier access to mainland China shares

Want an easier way to invest in  shares of Mainland China stocks? Well, that day is getting closer, but investors

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Deutsche Bank agrees to $55M SEC penalty

Deutsche Bank agreed to pay $55 million Tuesday to settle allegations the German banking giant mis-stated paper losses of at

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One year later, India’s economy brightens under Modi

When Narendra Modi became prime minister a year ago on a promise to revive India’s once-sparkling economy, inflation was running

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