Finance

Shirakawa Urges Japan to Cut Deficit for Yen Stability: Asahi

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Bank of Japan Governor Masaaki Shirakawa urged reduction of the nation’s deficit to stabilize the yen as the bond market may come under pressure if investors lose trust in fiscal policy, the Asahi newspaper said. (get the story…)

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Facebook IPO a juicy opportunity for S. Florida fraudsters, authorities say

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As social media giant Facebook is poised to go public and start selling stock, not only are investors lining up for what they hope will be a golden opportunity, but so are scammers. (get the story…)

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Japan Debts Hit $12 Trillion, FY 2011

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(MENAFN – Qatar News Agency) The government's debt hit a record 959.95 trillion yen ($12 trillion) at the end of fiscal 2011, the Finance Ministry said Friday. According to the ministry Japan's … (get the story…)

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Japan grapples with post-tsunami suicides

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TOKYO, Japan – More than 60 people have committed suicides related to last year’s 9.0 quake and tsunami, the Japanese government says.The data comes as a family prepares to file the first lawsuit against the Tokyo Electric Power Co. over the suicide of a 58-year-old woman who set herself on fire in wake of...

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Central Banks Pour into Gold, Reports Top Financial Web Site Penny Stock Detectives

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Danny Esposito, editor for Penny Stock Detectives, believes that, as the price of gold corrected in March, central banks around the world seized the opportunity to buy. According to the editor, the International Monetary Fund released a report that revealed that, in March of 2012, central banks not only took advantage of the lower...

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Challenges of new Cambodia stock exchange

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I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially "opened" a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power them on. (get the story…)

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