Archive for August 18th, 2012
Singapore exports rise in July amid boost from Asia
Singapore’s non-oil exports jumped in July as robust demand from Asia helped offset a decline in shipments to Western economies. Exports rose 5.8% from a year earlier, [...]
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Asia: Mostly higher
Asian markets were mostly higher and the euro enjoyed strong support yesterday Friday August 17 as spirits were lifted by comments from German Chancellor Angela Merkel [...]
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N Korea turns to China for economic support
China has underlined its support for North Korea’s efforts to rebuild its economy, after a meeting between Hu Jintao, the Chinese president, and Jang Song-Thaek, the [...]
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China’s slowing economy sparks retail price war
China’s major appliance retailers have launched an online price war in a battle for market share as sales of household white goods and electronics products are blasted by [...]
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In Japan, new taxes levy political toll
Yoshihiko Noda’s greatest legislative victory could also become his last major move. The Japanese prime minister swore for months that he was willing to risk his job for a [...]
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Indonesian economic growth stays strong but could be better
As Indonesia celebrates its 67 years of independence on Friday, questions loom on the quality of the country’s economic growth. Indonesia is one of the few economies in the [...]
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Japan eyes end to decades long deflation
Japan on Friday offered its strongest indication yet it sees a way out of deflation next year, after being mired in a corrosive mix of falling prices and weak economic growth [...]
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First Chinese ship crosses Arctic Ocean amid record melt
An icebreaker has become the first ship from China to cross the Arctic Ocean, underscoring Beijing’s growing interest in a remote region where a record thaw caused by [...]
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Thousands of Vietnam soldiers on standby for typhoon
Vietnam put 20,000 soldiers on standby, ordered boats back to shore and began evacuating local residents as it prepared for Typhoon Kai-Tak to make landfall late Friday, [...]
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TVI Pacific Inc. Files an Updated NI 43-101 for Its Balabag Gold Project
TVI Pacific Inc. CA:TVI +25.00 percent (otcqx:TVIPF) (TVI or the Company) announced today that it has filed an updated National Instrument 43-101 (NI 43-101) technical [...]
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Gold demand falls on weakness in China and India
Global demand for gold sank in the second quarter as buyers in China and India slowed their purchases of the precious metal, according to a report Thursday. The World Gold [...]
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ANZ’s Smith sees damage to Asian rivals
ANZ chief executive Mike Smith says recent blows to the reputations of Asian-focused rivals HSBC and Standard Charted are very serious. Allegations of money laundering and [...]
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China’s yuan decades from challenging dollar: cutting research
To see the status of China’s yuan as a major reserve currency in two decades, one need only look at the yen. The internationalisation of Japan’s currency in the [...]
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HK Airlines considering cancelling A380 order
Hong Kong Airlines said Thursday it was considering cancelling a $3.8 billion order for 10 Airbus A380 superjumbos, which would deal a blow to the under-pressure European [...]
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HK may act to curb property speculation, Leung says
Hong Kong Chief Executive Leung Chun-ying said he will take measures to curb property speculation, underscoring concerns that a bubble is forming after home prices gained [...]
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