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Global Markets—Dell Results Lift U.S. Stocks, Dollar Falls

Friday, May 30, 2008 5:21:00 PM

NEW YORK—U.S. stocks rose Friday after upbeat earnings at computer maker Dell suggested business spending is holding up while the dollar fell against the euro as some investors sold the U.S. currency ... Full Story

HSBC Faces Pay Anger But Reassures Over U.S. Unit

Friday, May 30, 2008 5:16:00 PM

LONDON—HSBC fought off investor anger on Friday over a pay plan that could see top executives share more than $230 million and dismissed claims its troubled U.S. unit was struggling to finance itself ... Full Story

Oil Rises to Over $127 on Weaker Dollar

Friday, May 30, 2008 5:12:00 PM

Oil prices rose to over $127 a barrel on Friday as a drop in the dollar drew in investors seeking to hedge against the weaker greenback. Full Story

UAE Seeks $7 Billion Lockheed Weapon System

Thursday, May 29, 2008 5:18:00 PM

WASHINGTON—The United Arab Emirates has requested the purchase of a new U.S. missile defense system developed by Lockheed Martin Corp, a deal that could be worth $7 billion, if approved, two sources f ... Full Story

Oil Falls $4, Shrugs Off U.S. Supply Drop

Thursday, May 29, 2008 5:15:00 PM

Oil prices dropped $4 Thursday as concerns about global energy demand and strength in the dollar countered a government report showing the biggest decline in U.S. stockpiles since 2004. Full Story

U.S. GDP Growth Revised Higher, Jobless Claims Up

Thursday, May 29, 2008 5:02:00 PM

WASHINGTON—The U.S. economy grew a bit faster than first thought in the first quarter as demand for foreign goods fell and commercial building picked up, adding to evidence that the United States may ... Full Story

Botswana, Africa's Hidden Gem

Wednesday, May 28, 2008 5:42:00 PM

The African nation of Botswana offers excellent investment opportunities. Full Story

Asia's Biggest Colourless Diamond Sold for $6.2 Million

Wednesday, May 28, 2008 5:32:00 PM

A 101.27-carat diamond the size of a squash ball and the largest colourless stone to be auctioned in Asia, has fetched $6.2 million at a Christie's sale in Hong Kong on Wednesday. Full Story

FTSE Ends 3-day Losing Run, Led up by Insurers

Wednesday, May 28, 2008 5:23:00 PM

Britain's top share index edged up on Wednesday to snap a three-session losing run as Admiral Group led insurers higher and Vodafone rebounded, offsetting weakness in banking and oil stocks. Full Story

Dollar Rises as U.S. Data Support Rates View

Wednesday, May 28, 2008 5:05:00 PM

NEW YORK—The dollar rose broadly on Wednesday as a better-than-expected report on U.S. durable goods orders for April supported the view the Federal Reserve may keep interest rates on hold or even rai ... Full Story

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