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Asian stocks edge up, euro stalls as caution prevails
Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets. Oil and metals fell and the dollar rose as a rebound in riskier assets ran out of steam…
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Oil prices mixed as economic worries weigh
SINGAPORE: Oil prices were mixed in Asian trade Tuesday as a downgrade by Standard & Poor’s of Italy’s sovereign debt rating added to market jitters, analysts said. New York’s main contract, WTI light sweet crude for October delivery, was down five cents to $85.65 a barrel in morning trade, and Brent North Sea crude for…