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 around the world. Oil markets remain oversupplied and depressed, but

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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 the new year, as a nearly 7% stock plunge in

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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 losses expected in risk assets like stocks and the shift

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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 for possible misconduct. The Shanghai composite index closed 5.5% lower

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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 of shrinking. A previous estimate had shown the world’s third-largest

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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 party’s dominance in the economy. The plan comes at a

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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 gained 570.13 points, or 3.20%, closing at 18,376.83. The broader

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Even in defeat, Greece sends powerful message to Europe

The deal agreed to Monday between Greece and its creditors was hard fought, and even if Athens did not come out on top, the lengthy negotiations call to mind another

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European leaders meet on whether to rescue Greece or cut it loose

The leaders of the 19 nations that use the euro debated Sunday whether to rescue Greece from the brink of financial ruin or cut the country loose from the currency

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Stocks surge on Greek debt deal optimism; Nasdaq hits record

Stocks surged Monday as a relief rally around the globe is underway that sent the Dow up more than 100 points and the Nasdaq to an all-time record high. Stock

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