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» Oil Price Hovers Above $91 as Investors Eye on US Crude Supply Reductions

Oil Price Hovers Above $91 as Investors Eye on US Crude Supply Reductions SINGAPORE (AP) — Oil prices hovered above $91 a barrel Wednesday in Asia ahead of reports that may show a third week of U.S. crude inventory reductions, a sign demand is improving.

» World Market Rose as Chinese Stocks Rebound After 2 Days of Losses

World Market Rose as Chinese Stocks Rebound After 2 Days of Losses HONG KONG (AP) — World stock markets were mostly higher in subdued trading Wednesday, with China shares rebounding after falling earlier this week.

» Jailed Chinese Activist of Tainted Milk Scandal Paroled

Jailed Chinese Activist of Tainted Milk Scandal Paroled BEIJING (AP) — A Chinese activist who was jailed for protesting a massive tainted milk scandal apparently has been freed on medical parole, though his former lawyer said Wednesday he may have been coerced into a deal in which he must stay silent.

» Eurozone Retail Sales Up 0.5% in October, More Than Twice of Expectations

Official figures show that retail sales in the 16 countries that use the euro rose by 0.5 percent in October, more than twice analysts’ expectations for a 0.2 percent gain. Eurozone Retail Sales Up 0.5% in October, More Than Twice of Expectations 

» WikiLeaks & News Media Collaborates for Diplomatic Cables Expose

The diplomatic records exposed on the WikiLeaks website this week reveal not only secret government communications, but also an extraordinary collaboration between some of the world’s most respected media outlets and the Wikileaks organization, just as U.S. officials target WikiLeaks in a criminal investigation. WikiLeaks & News Media Collaborates for Diplomatic Cables Expose

» Deficit-cutting Plan Wins Support before Vote as Conservatives & Liberals Join Hands

Defying expectations, a bipartisan majority of President Barack Obama’s deficit commission has rallied behind the panel’s controversial deficit-slashing proposals. Deficit-cutting Plan Wins Support before Vote as Conservatives & Liberals Join Hands

» Private Employers Revved up Hiring in November as Economy Grows

Private employers probably revved up hiring in November as signs grow that the economy is gaining momentum. Yet, few expect a change in the 9.6 percent unemployment rate. Private Employers Revved up Hiring in November as Economy Grows

» Global Stocks Mixed as China Hikes Interest Rate & Ahead of US Jobs Report

Global stocks were mixed Friday ahead of U.S. employment figures and after China indicated it will raise interest rates as it guides rapid growth in the world’s No. 2 economy to a sustainable level. Global Stocks Mixed as China Hikes Interest Rate & Ahead of US Jobs Report