Browsing Category News
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Spyker avoids more debt in final Saab payment
Dutch carmaker Spyker Cars used internal funding rather than external debt to pay General Motors the final $24m purchase price for Sweden’s Saab, ending concern over how it would... -
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Japan business mood best in two years
Japanese business confidence was at its best in two years in the three months to June and big firms revised up capital spending plans, a Bank of Japan survey showed, in a sign the ... -
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StanChart stumps up $500m for AgBank IPO
Asia-focused bank Standard Chartered Plc said it will invest $500m as a cornerstone investor in Agricultural Bank of China’s IPO in Hong Kong. AgBank is seeking to raise more tha... -
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Stocks fall as bank funding worries intensify
World stocks hit a 2-1/2 week low on Tuesday while oil and the euro also slipped as investors grew nervous over the funding situation of banks about to repay 442 billion euros ($54... -
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Cuts expected to reduce police numbers
The government said on Tuesday it was cutting police red tape by scrapping two targets introduced by the ousted Labour administration ahead of budget cuts expected to see a reducti... -
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Asia stocks rise as US bank bill fears ease
Most Asian stock markets rose on Monday, with Europe set to follow, as fears eased that Washington would draft a harsh bill for regulating the banking sector and after an unremarka... -
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Shanghai stocks slip, AgBank IPO pricing eyed; HK firm
China’s key stock index was down 0.6 percent by midday Monday, with volume slipping further as tight liquidity conditions worsened by Agricultural Bank of China’s looming sto... -
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India fuel hike threatens strikes
India’s opposition parties are gearing up for a national strike to protest the government’s move to hike fuel prices, putting pressure on Prime Minister Manmohan Singh’s coal... -
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Afghan mineral wealth put at $1-3 trillion
Afghanistan’s untapped mineral deposits could be worth up to $3 trillion, the country’s mines minister said on Friday, higher than a recent U.S. estimate. Officials from the ... -
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Who’s in charge in Europe?
The question has puzzled leaders ranging from Henry Kissinger, said to have once asked who he should call to reach Europe, to Barack Obama. It has become all the more pertinent as ...
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