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ANKARA, Dec 5 (Reuters) - Turkey's central bank said on Friday that banks' foreign exchange reserve requirements could be lowered again if global market problems worsen, after the rate was cut to 9 percent from 11 percent.
Dec. 5 (Bloomberg) -- European stock-index futures dropped, following declines in the U.S., as oil traded below $44 a barrel and investors speculated a report will show U.S. employers cut jobs last month at the fastest pace in a quarter century.
Johannesburg — PRESIDENT Kgalema Motlanthe yesterday moved to mitigate the effects of the financial crisis when the government decided to set up a special task team to look at how best to cope with the knock-on effect of job losses in SA.
Johannesburg — CAR rental companies are struggling to stay profitable in the face of a severe slump in the used-car market and slowdown in the car-hiring business.
LONDON, Dec 5 (Reuters) - British Prime Minister Gordon Brown urged banks on Friday to pass on the Bank of England's interest rate cut to homeowners and said his government would take steps to try to cut the interbank lending rate.
HONG KONG, Dec 5 (Reuters) - Asian shares edged higher on Friday following record rate cuts by central banks in Europe, though plenty of caution remained, lifting the dollar ahead of what is expected to be dismal U.S. employment data.
FXstreet.com (Barcelona) – Asian stock indexes are mixed on Friday following a negative session in Wall Street Thursday, weighed by pessimistic economic data and heavy rate cuts by European Banks.
(ARA) - As first-time homebuyers grow curious about the home-buying process, they often turn to friends and family for advice about purchasing a home. While these sources can provide useful tips and information, they also may perpetuate some common home-buying myths.
Dec. 5 (Bloomberg) -- Crude oil is set for its biggest weekly decline since March 2003, trading near a four-year low as the economic contraction and job losses in the U.S. cause a slump in fuel demand.
Dec. 5 (Bloomberg) -- The dollar headed for a fifth weekly decline against the yen, its longest losing streak in four years, before a U.S. report that economists say will show the unemployment rate rose to the highest level since 1993.
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