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Investors stay wary as gold mining stocks get cheap

Bloomberg Investors stung by the sell-off in gold are going to need more than cheap equities and stabilising bullion prices to wade back into mining-company stocks. Bullion has slipped 8.2 percent this year as a stronger dollar and expanding global economy diminished demand for the metal as a haven. Miners have fared even worse, with the Philadelphia Stock Exchange Gold ...

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Rupiah set for central bank relief as RBNZ puts pressure on kiwi

Bloomberg Two of the year’s worst-performing Asia-Pacific currencies are poised to enter the fourth quarter with dramatically different support from their central banks. New Zealand officials are expected to keep the possibility of a rate cut on the table when they meet on Thursday, wary of a slump in business confidence even as growth has shown recent signs of picking ...

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Tata warns UK steel-making needs ‘big profits’ to survive

Bloomberg The smoking towers of the Port Talbot steelworks have dominated the South Wales skyline for more than a century. If they’re to continue to do so for decades to come, they’ll need to make more money. The past decade has seen some of the most traumatic years for the plant. Hurt by the global financial crisis and then by ...

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