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WRAPUP 2-U.S. May consumer sentiment highest in nearly 6 years
Reuters* Consumer sentiment rebounds in May, highest since July 2007 * Leading indicators rises more than expected in April By Leah Schnurr NEW YORK, May 17 (Reuters) - Americans felt better about their economic and financial prospects in early May as...Tags: Finance, Prices, Consumers, Petroleum Industry, Economy, Business and Finance
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May consumer sentiment highest in nearly six years
ReutersNEW YORK (Reuters) - Americans felt better about their economic and financial prospects in early May as consumer sentiment rose to the highest level in nearly six years, an encouraging sign after other recent data had suggested broader U.S. growth is...Tags: Finance, Prices, Consumers, Labor Markets, Petroleum Industry
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Rate-setter Weale urges caution on revival signs
Evening Standard, LondonOne swallow doesn't make a summer despite "welcome" signs of life in the economy, Bank of England rate-setter Martin Weale warned today. Weale's intervention comes days after Threadneedle Street raised its growth forecasts and lowered inflation...Tags: Inflation and Deflation, Finance, Economy, Business and Finance
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Philippine govt pressed on economic reforms
Philippine Daily Inquirer, Manila / Asia News NetworkMANILA (Philippine Daily Inquirer/ANN) -- After consolidating power during the recent mid-term elections, now is the time for Philippine President Benigno Aquino III to "sink his teeth" into substantial reforms to raise the productivity and efficiency...Tags: Gross Domestic Product, Machine Manufacturing, Industrial Production, Philippines, Germany
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M'sia economy expected to pick up in second half
The Star, Kuala Lumpur, Malaysia / Asia News NetworkPETALING JAYA (The Star/ANN) -- Despite the disappointing gross domestic product (GDP) year-on-year figures in the first quarter of 2013, Malaysia's economic growth is expected to improve in the second half of 2013. Analysts said the economy would...Tags: Investment Service, Gross Domestic Product, Banking, Business Enterprises, Germany
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Foreign direct investment growth up for third consecutive month in China
China Daily, Beijing / Asia News NetworkBEIJING (China Daily/ANN) -- Foreign direct investment in China grew for a third consecutive month in April, suggesting overseas investors' approval of the country's investment environment as its new leadership deepens economic restructuring activities....Tags: Finance, China, Economy, Business and Finance, Germany, Media Industry
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Dayton turns to smokers to fill Vikings stadium funding gap
Star TribuneA bailout of the $977 million Minnesota Vikings stadium by smokers and businesses was proposed by Gov. Mark Dayton on Thursday as a hedge against the limited success of electronic gambling games that were supposed to help build the sports palace. The...Tags: Mark Dayton, Inventories, Regional Authority, Personal Income, Electronics
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Turns out, backup funding for Vikings stadium was there all along
St. Paul Pioneer PressGov. Mark Dayton's secret plan to backstop funding for the new Minnesota Vikings stadium has turned out to be not so secret after all. The new revenue -- from changes to corporate tax law and a one-time cigarette tax -- already was in the budget plans...Tags: Mark Dayton, Inventories, Regional Authority, Lifestyle and Leisure, Electronics
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REFILE-Beyond the reach of banks, Indians targeted by outlaw fund scams
Reuters(Fixes spelling of central bank governor's first name) By Swati Pandey and Sujoy Dhar MUMBAI/KOLKATA, May 17 (Reuters) - Dalia Ghosh, a 28-year-old nurse in the eastern Indian city of Kolkata, invested her savings in an unlicensed fund run by media...Tags: Real Estate Sellers, India, World Bank Group, Corporate Crime, Central Bank
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Beyond the reach of banks, Indians targeted by outlaw fund scams
ReutersMUMBAI/KOLKATA (Reuters) - Dalia Ghosh, a 28-year-old nurse in the eastern Indian city of Kolkata, invested her savings in an unlicensed fund run by media conglomerate Saradha Group last year, hoping to start her own clothes business. But Saradha went...Tags: Real Estate Sellers, World Bank Group, India, Corporate Crime, Media Industry
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Fed's Williams sees cuts to QE3 by summer if jobs market improves
ReutersBy Ann Saphir PORTLAND, Ore, May 16 (Reuters) - The U.S. Federal Reserve could begin easing up on the monetary gas pedal this summer and end its bond buys late this year, a top Fed official said Thursday, citing "good news" on the outlook for jobs....Tags: Labor Markets, Employment, Economy, Business and Finance, Economic Policy, Employment Opportunities
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GLOBAL MARKETS-Dollar slips on weak U.S. data, stocks flat
Reuters* Dollar retreats from gains against euro and yen * Equity markets decline on soft housing, labor market data * Bond prices rise on data, Brent oil edges higher By Herbert Lash NEW YORK, May 16 (Reuters) - Global equity markets traded slightly lower and...Tags: Market and Exchange, Federal Reserve, Unemployment Benefits, Consumer Confidence, United States Consumer Price Index
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