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Oil up almost 2% on weaker US$, short-covering

28 June 2017

NEW YORK: Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.

Euro rises most in a year; US, global stocks fall

28 June 2017

NEW YORK: The euro rose the most in a year against the U.S. dollar on Tuesday after European Central Bank President Mario Draghi fueled market expectations the ECB will reduce stimulus later this year, and the dollar's weakness helped buoy crude prices

Venezuela's Maduro warns of war if 'revolution' toppled

28 June 2017

CARACAS (Reuters) - Venezuela's President Nicolas Maduro warned on Tuesday that he and supporters would take up arms if his socialist government was violently overthrown by opponents who have been on the streets protesting for three months.

Asian currencies little changed ahead of Yellen speech

27 June 2017

BENGALURU: Most emerging Asian currencies traded within a narrow range on Tuesday as investors waited to see if Federal Reserve Chair Janet Yellen would stick to her positive economic outlook at an event later in the day.

Time Inc, Barclays to launch Fortune 500 stock indices

27 June 2017

NEW YORK:Time Inc said Monday it would license its Fortune brand for stock indexes based on the Fortune 500 in a new partnership with Barclays PLC in an effort to diversify Time's revenue into the growing index-investing business

S&P 500, Dow edge up; tech weighs on Nasdaq

27 June 2017

NEW YORK: The S&P 500 and the Dow barely rose on Monday as gains were offset by a fall in technology stocks, which pushed the Nasdaq lower as investors turned to more defensive sectors.

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