Traders Cheer RBI Canceling Sale More Than Moody's India Upgrade

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Traders Cheer RBI Canceling Sale More Than Moody's India Upgrade

Bond traders in India seem happier by the central bank's decision to cancel its sale of bonds than with Friday's upgrade of the nation's credit rating by
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Emerging Markets in Focus: Chile, S. Africa, Hungary, India

… probably keep its interest rate unchanged at 6.75 percent at a policy meeting on Thursday, according to all 15 estimates compiled by Bloomberg.
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Marvell Is Said to Buy Cavium for $6 Billion in Cash and Stock

Marvell Technology Group Ltd., a chipmaker looking to build itself a future outside of a declining area of the market, agreed to buy Cavium Inc. for about $6 billion, a person familiar with the transaction said.
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Toshiba Share Sale Opens Door to Einhorn, Loeb, Other Activists

Toshiba Corp.'s plan to raise more money may bring in vocal investors more willing to take an active role in the electronics maker's affairs.
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A key recession indicator is getting closer to the danger zone — and the Fed can't ignore it

A shift in the bond market is giving investors and Fed officials pause about the economic outlook. The concern stems from earlier periods when long-term interest rates slip toward or even below their short-term counterparts, often signaling recessions.
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