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LATE EDITION 21 - Tuesday July 8, 2008

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STOCK/BOND MARKET

AUSTRALIAN STOCKS ENDS AT RECORD HIGH CANBERRA (April 6) XINHUA - Australian shares closed at a record high Monday on lower bond yields, a positive reweighting offshore of market heavyweight News Corp and gold stocks gaining nearly seven percent as gold bullion prices rose. The benchmark all ordinaries index reached a new intraday record high of 2802.6 in the morning session,

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STOCKS MIXED IN LONDON LONDON, April 6 (UPI S) _ Stock prices are mixed at midday in moderate trading (Monday) on the London Stock Exchange, pressured by bouts of profit-taking. Prices rose in Frankfurt and in Paris. London's blue-chip Financial Times 100-stock index is ahead 15.9 points to 6,080.1. The key index had been down 23.0 points earlier in the session.

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DOLLAR HEADS LOWER NEW YORK, April 6 (UPI) _ The U.S. dollar is lower in light North American dealings against major foreign currencies, pressured by reports German's economy may be gaining strength. Jamie Coleman, foreign exchange analyst at Technical Data said ``the mark rose on signs that the German economy may be turning the corner.'' Coleman said the mark

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STOCKS TRADE MIXED IN TOKYO > TOKYO, April 6 (UPI S) _ Stocks are (Monday) trading mixed in Tokyo on differing concerns over an upcoming economic pump-priming package. At midmorning, the key Nikkei index of 225 selected issues was down 7.39 points to 15,510.39. The broader-based Tokyo Stock Price Index was, however, marginally higher. * * * * * * * * * * No Jump
STOCKS DECLINE IN KOREA SEOUL, April 6 (UPI) _ Stock prices on the South Korean Stock Exchange closed lower Monday as domestic investors sold blue-chips on fears over the impact of Japan's weak financial market. Moody's Investors Service on Friday changed its credit outlook on Japan's sovereign rating from stable to negative, citing Tokyo's inability to form polici

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FOREIGN EXCHANGE

ISRAELI SHEKEL DROPS VS. U.S. DOLLAR TEL AVIV, Israel, April 6 (UPI S) _ Concerned about the stability of the Shekel, Israelis are rushing to buy U.S. dollars, pushing the rate of exchange up by 1.82 per cent in one day. The Shekel

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AUSTRALIAN DOLLAR STRONGER PUSHED BY GOLD PRICE CANBERRA (April 6) XINHUA - A sharp rise in the price of gold pushed the Australian dollar higher Monday but gains were restrained as the Japanese yen remained under pressure. The local unit end

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DOLLAR EASES AGAINST YEN IN TOKYO TOKYO, April 6 (UPI S) _ The dollar is (Monday) losing ground against the yen in Tokyo on fears of dollar-buying intervention and on anticipation of upcoming economic boosting measures. At mid-mor

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