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Today's News
AP Top Financial News At 5:11 a.m. EDT
3 hours ago
Investors look for answers on economy from Fed Icahn changes tack, seeks $16B Dell stock buyback Dish won't submit revised bid for Sprint
Russia uncovers $23.5 billion in illegal transfers
3 hours ago
Russia's central bank has uncovered a network of shell companies that illegally funneled staggering sums of money abroad. He said most of the transactions took place between 2010 and 2012, although some dated back to 2008. Ignatiev said he filed a request to police in May in connection with an unspecified ongoing criminal investigation.
Thailand cuts rice subsidy price after $4.4B loss
3 hours ago
Thailand says it will pay farmers 20 percent less for rice to stem losses from a much-criticized subsidy program that dislodged the country from its spot as the world's No. 1 exporter of the grain. The government is also setting limits on the amount of rice the government will purchase to 500,000 tons per farmer.
World markets mostly down as investors eye Fed
4 hours ago
Global stock markets were mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve. Stocks in Hong Kong, mainland China and Seoul went south. Hong Kong's Hang Seng index fell 1.1 percent to close at 20,986.89, while South Korea's KOSPI index shed 0.7 percent to 1,888.31. Shares also fell in New Zealand, Taiwan, the Philippines, Singapore and Indonesia.
