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26 Nov 2014 00:55

US consumer confidence falls in November

The consumer confidence index fell to 88.7 from 94.1 in October, but remained well above the 72.0 level of a year ago.

  • 26 Nov 2014 04:41

    Oil prices tumble on expectation OPEC will not cut output

    The key US futures contract, West Texas Intermediate for January delivery, fell US$1.69 on the New York Mercantile Exchange, closing at US$74.09 a barrel, its lowest level since mid-September 2010.

  • 26 Nov 2014 01:17

    Apple's market value hits US$700b

    The maker of the iPhone and iPad is by far the world's most valuable company by stock market value, well ahead of Exxon Mobil at US$403 billion and Microsoft at US$394 billion.

  • 26 Nov 2014 01:10

    US market regulator investigating Petrobras

    The company, currently embroiled in a politically momentous corruption scandal at home, did not divulge the issues the subpoena relates to.

  • 26 Nov 2014 05:20

    HSBC unit fined US$12.5m for unregistered US services

    A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services, the Securities and Exchange Commission announced Tuesday.

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