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latest news & developmentsWorld stocks rally, oil near $120 a barrel
Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards a barrel. Investors…
Confidence floods back on housing, banking hopes
Signs of life in the United States housing market combined with JPMorgan’s higher bid for Bear Stearns to push global equity markets up sharply on Tuesday, and sent corporate…