Director / Editor: Victor Teboul, Ph.D.

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World Stocks Advance as Investors Await US Interest Rate Decision

World stock indexes advanced Wednesday as investors await a decision whether the U.S. central bank, the Federal Reserve, will increase its benchmark interest rate for the first time in nearly a decade. Stocks ended sharply higher across Asian markets, moved up in late-day trading in Europe and were ahead in the first hours of U.S. trading. Traders seemingly were unworried or possibly resigned to the fact that Fed policy makers could marginally raise short-term borrowing costs. Analysts...

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