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The dollar edged down against a basket of currencies in early trade and ING said it could continue to fall modestly once liquidity is fully re-established following the Christmas trading period, but added that any decline won’t be sustained.

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(Telecompaper) Finnish smartphone vendor Human Mobile Devices (HMD) has just launched a budget smartphone retailing for GBP 59 in the UK, Australia and New Zealand…

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U.S. crude oil inventories fell by 1.2 million barrels last week, which was less than expected, while stocks of gasoline and distillate fuels saw large builds.