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	<title>Investment Markets: Investing &#38; Investment News, Equities News, Forex News, Bonds News, Economy News</title>
	<link>http://www.investmentmarkets.co.uk</link>
	<description>Daily Investment Market and Investing News</description>
	<lastBuildDate>Fri, 21 Nov 2008 12:24:42 +0000</lastBuildDate>
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		<title>US jobless rate highest for 16 years</title>
		<description><![CDATA[


The initial jobless claims for last week increased by 27,000 claims to 542,000 which represents a 16-year high, as investors and analysts had hoped that jobless claims would come down to 505,000.
The Labor Department said today that that the Conference Board&#8217;s index of leading economic indicators has fallen by 0.8 percent, and manufacturing is similarly [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081121-2746.html</link>
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		<title>Bank of Japan keep rates at 0.3 percent</title>
		<description><![CDATA[


Last month the Bank of Japan cut its benchmark interest rates from 0.5 percent to 0.3 percent, which meant that the country had the lowest interest rates among the world’s major economies, and despite expectations being towards a further rate cut, it would have left little room for manoeuvre. 
As a result Japan&#8217;s central bank [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081121-2744.html</link>
			</item>
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		<title>UK government will force banks to lend</title>
		<description><![CDATA[


Chancellor Alistair Darling is planning to escalate the battle that he is heading into with the nation’s high street banks regarding the fact that they are not lending regularly to small businesses and first-time buyers who continue to struggle as a result of the credit crunch.
A labour lawmaker has described the banks as sitting on [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081121-2742.html</link>
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		<title>Singapore lowers 2009 forecast</title>
		<description><![CDATA[


The Singapore government has reduced the 2008 forecast for economic growth to around 2.5 percent and has indicated that the economy could shrink next year, assuming that the global financial crisis continues to affect the nation’s exports.
The Ministry of Trade and Industry has forecast that the trade-dependent economy, that grew healthily with 7.7 percent last [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081121-2741.html</link>
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		<title>Oil, grains, most metals see declines</title>
		<description><![CDATA[


Crude oil prices were lower in New York Thursday and are now nearly $100 below July’s record highs.
January contracts for West Texas Intermediate crude were down $2.99 to $50.63 per barrel at just less than an hour before the close of floor trade on the New York Mercantile Exchange after falling below $50 per barrel [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081120-2740.html</link>
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		<title>PRU, AV biggest decliners on FTSE 100</title>
		<description><![CDATA[


Europe’s equities markets declined Thursday after miners and the oil sector saw declines.
In London the FTSE 100 was down 3.26 percent to 3,874.99 while the FTSE 250 dropped 2.24 percent to 5,578.68.
The biggest losers on the 100 were insurers as Prudential (LSE: PRU; NYSE: PUK) was down 16.33 percent and Aviva (LSE: AV) turned in [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081120-2739.html</link>
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		<title>Yen gains on carry trade speculation</title>
		<description><![CDATA[


The yen gained on the US dollar and the euro after the US Labor Department reported that 542,000 individuals filed for first-time unemployment compensation last week, the most in 16 years.
The yen also strengthened versus the Australian dollar and the South African rand on the likelihood that investors will abandon risky currency trades.
At noon in [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081120-2738.html</link>
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		<title>Japan’s exports fall to lowest in 7 years</title>
		<description><![CDATA[


Last month Japanese exports experienced their biggest decline in seven years which has resulted in the second largest trade deficit in three months.
It is clear that this is a worrying situation, due to the fact that it is very rare for Japan to experience trade deficit at all, and this is further confirmation that the [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081120-2734.html</link>
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		<title>Calls for chancellor to kick-start lending</title>
		<description><![CDATA[


It is hoped that Chancellor Alistair Darling may help the nation’s small and medium-sized companies’ credit which would be the first signal that the £37bn bank bail-out has not been a success in helping the real economy.
It is both predicted and hoped that the Chancellor is going to bring in measures that will help companies [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081120-2737.html</link>
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		<title>Fears increase on UK retail sales</title>
		<description><![CDATA[


Many analysts have described the pre-Christmas storm around retail sales in the UK simply as a high street war, due to the increased competition and price slashing that is used to entice hard-up consumers part with their hard earned cash. 
According to the Office for National Statistics, UK retail sales fell by 0.1 percent last [...]]]></description>
		<link>http://www.investmentmarkets.co.uk/20081120-2736.html</link>
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