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BP shares fall 15 percent in New York trade

BP shares trading on U.S. exchanges fell more than 15 percent to a 14-year low on Wednesday on growing worries about the costs the oil company will incur after the Gulf of Mexico oil leak.

W Africa crude exports to Asia to fall in June

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Major Asian oil buyers including India and China bought comparatively less loads of West African oil in June. According to reports, Indian, Chinese Taiwanese and Indonesian end-users bought a total of 1.65 million barrels per day (bpd) of crude from the oil-exporting region in 52 full or part cargoes, down from 1.72 million bpd in 56 cargoes in May.

Japan bank lending in biggest annual fall in 5 years

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Japanese bank lending marked its biggest annual fall in nearly five years in May, falling 2 percent as companies remained wary of boosting capital spending even as the economy recovers and the central bank keeps monetary policy loose.
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Gold deposits fall in Vietnam banks

Vietnam's banking system witnessed drastic dips in gold deposits during April and May. According to Vietnam Banking Association, over the last two months, the volume of gold on deposit in banks decreased by 15 percent, or 16,000-20,000 taels.
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Asian stocks fall, yen dips as Japan PM quits

Asian stocks followed Wall Street down on Wednesday as jitters over the euro zone's debt crisis prompted investors to keep cutting riskier positions, while the euro steadied after hitting a four-year low.
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Stocks and euro fall as growth worries hit risk

World stocks fell on Tuesday and the euro slipped closer to a four-year low against the dollar as expectations that slowing growth in China and the euro zone would hamper the global economic recovery hit risky assets.
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1st-quarter growth lowered, jobless claims fall

The U.S. economy grew at a slightly slower pace than previously estimated in the first quarter but the recovery still appeared solid, suggesting the economy could withstand fallout from the European debt crisis.
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Stocks fall on euro-zone fears

Stocks sank in a broad global sell-off on Tuesday as investors worried that Europe's banking problems and North Korea's threats of military action against South Korea could derail the economic recovery.
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Instant View: Home prices fall in first quarter

Single-family home prices were unchanged in March from February, but fell in the first quarter on renewed price pressure, Standard & Poor's/Case Shiller home price indexes showed on Tuesday.
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Shares and euro fall as debt fears rattle markets

Asia stocks fell to multi-month lows, the euro slid and oil and higher yielding currencies weakened on Tuesday on fears that Europe's sovereign debt woes will trigger a renewed crisis in the continent's banking sector.
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Futures fall as fears of a correction spread

Stock index futures fell on Thursday as concerns grew that recent share declines caused by euro-zone turmoil in the handling of the sovereign debt crises could lead to a wider correction.
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Mortgage Applications Fall Sharply

Mortgage applications declined 27.1 percent last week compared to the previous week, on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey.
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Acquisitions fall 79% in base metals during 2008-09

With the rapid onset of the worldwide recession in late 2008, marked by sharp drops in commodity prices that continued till 2009 marked notable implications on base metals, where the global mergers and acquisitions activities came almost to a halt.
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Global wheat output to fall by 7 million tons in 2010

United Nation's Food and Agriculture Organisation said global wheat crop is to fall by more than 7 million tonnes this year as poor prices turn farmers off the grain. The global wheat harvest will come in at 675m tonnes this year, below last year's level and the record 683.8m tonnes set in 2008, FAO said in a report.
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Global gold demand set to fall

Global gold demand is set to fall in 2010 if the sales of the yellow metals on Akshay Tritiya were any indication. Most of the buyers stayed home instead of visiting jewellery shops on Akshay Tritiya, an auspicious day for Indians to buy gold. Most of the jewellery showrooms wore a deserted look on Akshay Tritiya (May 16) even though the price of gold eased from a record high Rs 18,508 on Friday to Rs 18,397 per 10 gm.
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Stocks fall on euro zone woes, earnings

Stocks fell on Friday on a combination of retailers' weak earnings, Senate backing for limits on credit card fees and concerns over whether European countries can pay their public debt obligations.
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Stocks fall as retailers, financials weigh

Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.
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Euro struggles, stocks fall on EU debt doubts

The beleaguered euro hovered just above a major support level of $1.25 on Friday as worries about Europe's debt problems plagued markets, pressuring stocks and pushing safe-haven gold to near record highs.
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Dow, S&P 500 fall as euro-zone fears linger

The Dow and the S&P 500 fell in a volatile session on Tuesday as fears that a $1 trillion bailout for Europe won't solve the region's deep-seated problems blunted an improving U.S. economic picture.

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