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China exports fall in September 2013

China’s exports fell in September, surprising experts who had generally expected to see a rise. The General Administration of Customs in China said weak global demand and the elimination of counterfeit invoices from official data…

JPMorgan Q3 loss of $380 million

After setting aside $9.2 billion to cover legal expenses, JPMorgan Chase & Co. reported a third quarter loss of $380 million (17 cents per share), compared to a $5.7 billion profit for Q3 2012. This JPMorgan Q3 loss is the first since…

Was the Royal Mail sale too cheap?

Royal Mail shares, which sold at 330p per share, rose to 456p, an increase of 38% at the beginning of conditional dealings on the LSE (London Stock Exchange). Many opponents, and even City experts believe the Royal Mail sale was…

House prices moderating, USA

House prices across the United States are moderating, says a new report issued by ZipRealty. Inc. Lanny Baker, CEO and President of ZipRealty, said "The fall's cooler temps are being matched by a cooling off in the housing market's red-hot…