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San Fransisco Chronicle (Free subscription) | 11/04/2009
Asian stocks recovered Wednesday after two days of losses as the World Bank upped its growth forecasts for China's economy and stronger commodities prices lifted the region's powerhouse resource companies. Every major market traded in the green, with Hong... Asia - China - Economy of the People's Republic of China - World Bank - Business
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Star Tribune (Free subscription) | 11/04/2009
Earlier in Asia, Japan's Nikkei 225 stock average added 41.36 points, or 0.4 percent, to 9,844.31 after the local financial markets were closed Tuesday for a national holiday. Hong Kong's Hang Seng climbed 374.71 points, or 1.8 percent, to 21,614.77, South Korea's Kospi added 1.9 percent to 1,579.93 and India's Sensex was higher by 2.1 percent at 15,735.14.
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ABC News (Free subscription) | 11/04/2009
Asian markets rise amid stronger commodity prices, China growth upgrade; HK up nearly 2 pct
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Financial Times (Free subscription) | yesterday
Inflationary pressures could force east Asian central banks to tighten monetary policy 'sooner rather than later' to choke off emerging asset bubbles, said the international financial institution
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People Daily (Free subscription) | yesterday
Total volume generated on all Visa cards across Asia-Pacific reached 981 billion U.S. dollars for the 12 months ended June 30 this year, the Visa company said on Wednesday. This is an increase of 13 percent over the previous 12 months, calculated on a constant dollar basis. The retail electronic payments network said the results may suggest very early signs of improving confidence in the region and...
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Business Wire (Free subscription) | 11/03/2009
PARIS--(BUSINESS WIRE)--The third edition of the MIPIM Asia Awards has partnered with Aedas and the South China Morning Post to host the duo’s Greenville Student Design Competition, which call on young architects to design new homes for people affected by the devastating earthquake that swept through China’s Sichuan province in May 2008. During the MIPIM Asia Awards 2009, Keith Griffiths,...
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Seeking Alpha (Free subscription) | 1 hour ago
Mark Sunshine submits: According to Ambrose Evans-Pritchard, Japan is quickly turning into developed world’s sickest economy and could soon tip into an uncontrolled downward spiral. Evans-Pritchard reported last week in the Telegraph that Japan is reaching the point of no return where it won’t be able to meet its obligations and could enter a debt death spiral. While Evans-Pritchard is...
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People Daily (Free subscription) | 6 hours ago
Hong Kong stocks finished down 0.63 percent on Thursday, after the Wall Street narrowed its gains overnight on news that the Federal Reserve kept the interest rate unchanged at the extremely low level. The positive comments by the Federal Reserve on the economic recovery prospects failed to lend support to the market, with the Dow narrowing its gains to finish up 0.31 percent overnight and leading...
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Seeking Alpha (Free subscription) | 5 hours ago
The Mainichi Shimbun (original in Japanese ) reported early Thursday that Japanese Government Bonds’ (JGBs) popularity is rapidly falling among individual investors. Beginning in 2003, the Ministry of Finance (MoF) has sold two types of JGBs (a fixed-rate 5-year and a variable-rate 10-year) four times a year to individual investors. However, as interest rates have been held at zero (remember...
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San Fransisco Chronicle (Free subscription) | 9 hours ago
Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore Oil Corporation, a company spokesman said Thursday. Statoil spokesman Ola Morten Aanestad said Statoil and CNOOC signed... China National Offshore Oil Corporation - China - Gulf of Mexico - United States - Business
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Business Wire (Free subscription) | 6 hours ago
ENGLEWOOD, Colo.--(BUSINESS WIRE)--The Western Union Company (NYSE: WU), a leading provider of money-transfer services, today announced the renewal of an agreement with the Postal Savings Bank of China (PSBC) to provide Western Union Money Transfer® services. PSBC currently has more than 20,000 locations offering Western Union Money Transfer services throughout China. PSBC has been a Western Union...
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Financial Times (Free subscription) | 3 hours ago
Thomson Reuters saw ‘a marked improvement’ in sales of new subscriptions to its financial and legal information products in the third quarter, and now expected a dip in sales to be ‘shallow and limited to the next few quarters,’ it said
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PR News Wire (Free subscription) | 4 hours ago
HONG KONG, Nov. 5 /PRNewswire-Asia/ -- China Public Procurement Limited (HKEx: 1094, the "Company" or "CPP") is pleased to announce the appointment of Mr. Dai Lihong as its consultant with immediate effect. Mr. Dai will provide strategic advice on project strategy, business development, and risk control.
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Chanel News Asia (Free subscription) | 4 hours ago
SINGAPORE: Singapore-listed Tritech Group said on Thursday that one of its subsidiaries has been awarded a S$5.9 million contract by the PUB.
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aarkstore | 10/23/2009
Summary The leading business intelligence provider, has released its latest research “The Future of Global Oil and Gas Storage Industry to 2013”. The study, which is an offering from the company’s Energy Research Group, provides in-depth analysis of the global oil and natural gas storage market with capacity forecasts and key storage statistics to 2013. The study provides detailed analysis and forecasts...
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bharatbook | 10/16/2009
Global Industry Overview - The 2008 Asia Gas & LNG Report begins with an insightful overview of global gas reserves, supply and demand, and the future growth potential of the international gas industry. As more stranded gas deposits become exploitable through advances in extraction and transportation technology, It evaluates long-term supply growth potential in the market. This is weighed against demand
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habser | 10/04/2009
While Geely remains to be in play to take over the Swedish unit Volvo , parent company Ford said there hasn’t been much progress in the talks. At the opening of the new plant in Chongqing, Southwest China, Ford’s CEO Allan Mulally said that Ford wants to sell Volvo because it wants to focus solely on Ford’s business and not because of poor performance in the auto sector.