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News
Asian markets, including Malaysia,
set to rebound in second half:
Asian markets, including Malaysia, should post healthier gains on
anticipated economic recovery in the second half of this year,
Standard & Poor’s (S&P) vice-president (equity research, Asia)
Lorraine Tan said.
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Euro falls versus Dollar, Yen on
speculation ECB will cut rates:
The euro fell for a second day against the dollar as traders
increased bets that the European Central Bank will cut interest
rates to the lowest since 2005 at its Jan. 15 meeting.
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Russia devalues ruble for 13th
time in two months: Russia
started the first trading day of 2009 with its 13th ruble
devaluation in two months on Sunday, and President Dmitri Medvedev
urged a faster response to a crisis that could see the economy slide
into recession.
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