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Overnight Market News – August 31, 2010

 
  • India’s Gross Domestic Product (GDP) Grows 8.8% in the Three Months through June, the Highest since 2007 and Adding Pressure on Interest Rates
  • BHP Billiton Ltd Denies Speculation that it Plans to Divest Some of Potash Corp of Saskatchewan Inc’s Assets if it Succeeds in its USD 38.6B Hostile Bid for the Fertilizer Maker
  • Russia’s United Company RUSAL Announces First-Half Net Profit of USD1.23B versus Net Loss of USD 868mm a Year Ago, Plans Russian Listing
  • Research In Motion Ltd Averts Blackberry Ban in India for at Least Two More Months after Agreeing to Give Security Officials Access to Encrypted Data
  • German Unemployment Falls in August by a Seasonally Adjusted 17k to 3.19mm, the Lowest since November 2008
  • Japanese Output Gains 0.3% from June after Declining 1.1% in June as a Stronger Yen Fails to Discourage Investment
  • Crude Oil Stands at USD 73.73 per Barrel
  • Ethanol Stands at USD 1.94 per Gallon
  • Natural Gas Stands at USD 3.84 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,234.00 per Troy Ounce
  • Dow Jones Industrial Average Falls 140.92 Points (-1.39%) to 10,009.73
  • London FTSE Index Falls 47.37 Points (-0.91%) to 5,154.19
  • Japan Nikkei Index Falls 325.20 Points (-3.55%) to 8,824.06
  • Hong Kong Hang Seng Index Falls 200.73 Points (-0.97%) to 20,536.49
  • Brazil Bovespa Index Falls 1,324.35 Points (-2.02%) to 64,260.79
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