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Asian Stocks Decline After ECB Disappoints

Asian stock markets declined Friday as sentiment was dampened after the European Central Bank (ECB) failed to offer any new stimulus measures to resolve the sovereign crisis in the euro zone.
A trader is pictured at his desk in front of the DAX board at the Frankfurt stock exchange

European Stocks Recover After ECB Inaction

Most of the European markets moderately rose Friday after investors were disappointed with the European Central Bank not announcing any monetary easing policy measures to rejuvenate the faltering euro zone economy.
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India Confirms Drought as El Nino Looms

Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season.
An investor is reflected in a screen showing stock information at a brokerage house in Shenyang

Asian Stocks Fall As ECB Disappoints

Most of the Asian markets fell Friday as investors were disappointed to find that the European Central Bank did not announce stimulus measures Thursday to boost the faltering euro zone economy.
Apple iPhone 5 Rumors: $800 Starting Price? Fat Chance

Apple iPhone 5 Rumors: $800 Starting Price? Fat Chance [PICTURES]

Twitter was abuzz early Thursday morning with two hashtags carrying the same message: The next iPhone -- the iPhone 5 -- may cost $800. The rumors came from online gaming site GameNGuide, but unfortunately, this is the sole illegitimate source causing the confusion in today's news. Nobody knows the true price of the iPhone 5, but its starting price will almost certainly not be $800.

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