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January 21, 2010

Stocks fall as China clamps down on bank lending

Investors’ growing anxiety about China’s attempts to slow its economy and disappointing earnings reports in the U.S. led to another selloff in stocks.

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Stocks surge on upbeat earnings, forecasts

Stocks surged Thursday after another strong batch of earnings reports revived investors' optimism about the economic recovery. Encouraging signs of growth in Europe added to investors upbeat mood.

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DOF: No tax breaks to Pag-Ibig, stocks

THE DEPARTMENT OF FINANCE (DOF) remains against providing permanent tax exemption on the trading of shares in the stock exchange and of the Pag-Ibig Fund.

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Gold and bonds up on Bhutto and weak data

Gold and government bond prices rose while U.S. stocks slid on Thursday as news of the assassination of Pakistani opposition leader Benazir Bhutto, combined with mostly weak U.S. economic data, increased investors' demand for safe-haven assets.

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