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A Q&A with Wall Street’s top psychiatrist on market turmoil

NEW YORK (AP) — When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to … Continue reading

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China official blames Fed for global market rout, not yuan

By Kevin Yao BEIJING (Reuters) – The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China’s yuan currency, a … Continue reading

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Interview

By Kevin Yao BEIJING (Reuters) – The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China’s yuan currency, a … Continue reading

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Falling prices, not markets, the real headache for Chinese firms

By Sue-Lin Wong and Pete Sweeney NINGHAI, China (Reuters) – The dramatic collapse of China’s stock markets has shaken global investors, but for Chinese factory executives the real problem is a decline of another kind – the remorseless erosion of … Continue reading

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MIDEAST STOCKS-Saudi stock market surges, petchems climb on oil rebound

DUBAI, Aug 27 (Reuters) – Saudi Arabia’s stock market rose sharply in heavy turnover during early trade on Thursday as petrochemical shares in particular surged in response to a rebound of global oil prices, to which petrochemical profit margins are … Continue reading

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MIDEAST STOCKS-Saudi stock market surges, petchems climb on oil rebound

DUBAI, Aug 27 (Reuters) – Saudi Arabia’s stock market rose sharply in heavy turnover during early trade on Thursday as petrochemical shares in particular surged in response to a rebound of global oil prices, to which petrochemical profit margins are … Continue reading

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China’s Market Rises Following Torrid Week

Mainland China’s main stock market, The Shanghai Composite, closed over 5% higher, above the critical 3,000 level. Meanwhile the blue-chip CSI300 index, which focuses on 300 of the largest companies listed on the Shanghai and Shenzhen stock exchanges, closed nearly 6% … Continue reading

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China’s Market Rises Following Torrid Week

Mainland China’s main stock market, The Shanghai Composite, closed over 5% higher, above the critical 3,000 level. Meanwhile the blue-chip CSI300 index, which focuses on 300 of the largest companies listed on the Shanghai and Shenzhen stock exchanges, closed nearly 6% … Continue reading

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Global stocks fly after Fed official cools Sept rate hike talk

By Jamie McGeever LONDON (Reuters) – Stocks rose around the world on Thursday, following the biggest gains on Wall Street in four years, after a U.S. Federal Reserve policymaker said the case for an interest rate increase next month “seems … Continue reading

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Global stocks fly after Fed official cools Sept rate hike talk

By Jamie McGeever LONDON (Reuters) – Stocks rose around the world on Thursday, following the biggest gains on Wall Street in four years, after a U.S. Federal Reserve policymaker said the case for an interest rate increase next month “seems … Continue reading

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