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Silver bars are displayed at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna February 28, 2011

Silver Demand Outpacing Production, Prices Set to Shoot Higher

Silver has lost its shine of late as fears of another global economic slowdown reduced its appeal as an industrial metal. Silver fell from the record prices it set a couple of months back to hover around $35 per ounce. However, optimists are speculating that silver will bounce back once again and cross the $100 record. There are even experts who fancy silver's price parity with gold!

Stock index futures point to gains for Wall St

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Stock index futures pointed to gains for equities on Wednesday, reversing falls from the previous three sessions, with futures for the S&P 500, the Dow Jones and for the Nasdaq up 0.5 to 0.6 percent by 0802 GMT.
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Netflix Raising Prices

Netflix Price Increase: Newer Movies for Free on Chinese Site

Netflix's price increase has film enthusiasts all over the United States saying they may cancel memberships Tudou.com - Chinese for Potato.com - is a Web site that offers full streaming films for free, often before they come out in the United States.
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Manufacturers struggling to find skilled workers

U.S. manufacturers cannot find skilled workers despite high unemployment, which means there is a need to align the nation's higher education system with the requirements of industry, lawmakers were told on Tuesday.
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World commercial property Q2 sales up 47 percent: study

Global commercial real estate sales rose 47 percent in the second quarter from a year earlier to $101 billion and are on track to reach or top $440 billion for the year, according to a report by real estate services firm Jones Lang LaSalle Inc .
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Applied Materials warns of tough economies

Chip manufacturing equipment maker Applied Materials said tough economic conditions in Europe and the United States were hurting demand, and it maintained its forecast for slower quarterly revenue.
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Trade deficit surges to $50.2 billion in May

The U.S. trade gap widened much more than expected in May as a jump in oil prices helped push imports to the second highest level on record and exports fell slightly from April's record high, a U.S. government report showed on Tuesday.
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China Wen says to keep policies, warns over-tightening

Beijing will continue to put taming inflation at the top of its agenda by keeping a prudent monetary policy stance, but it will try to avoid any big swings in economic growth caused by excessive tightening, Chinese Premier Wen Jiabao said in comments published on Tuesday.
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U.S. trade deficit surges to $50.2 billion in May

The U.S. trade gap widened much more than expected in May as a jump in oil prices helped push imports to the second highest level on record and exports fell slightly from April's record high, a U.S. government report showed on Tuesday.
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China says piracy problem not extremely serious

China said on Tuesday its crackdown on pirated goods has made great strides, a claim borne out by government statistics but not necessarily by a trip to one of Beijing's many shops where pirated software, movies and clothes are readily available.
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BOJ holds fire, more optimistic on economy

The Bank of Japan kept monetary policy on hold and revised up its assessment of the economy on Tuesday, encouraged by a rebound in factory output and increasing signs that the recovery from the devastating March earthquake is broadening.
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Alcoa Q2 profit jumps on metal, alumina prices

Alcoa Inc, America's biggest aluminum producer, posted a big jump in second-quarter profit on Monday, matching Wall Street estimates, partly due to soaring prices for the metal and alumina, its raw material.
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BOJ set to hold fire, show more optimism on economy

The Bank of Japan is expected keep monetary policy on hold and present a brighter view on the economy on Tuesday, encouraged by a rebound in factory output and increasing signs that the recovery from the devastating March earthquake is broadening.

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