Manufacturing slows emerging market growth

Published : 1:05 am  July 12, 2012  |  Category: International  |  Leave a Comment  |  673 views  |  
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Reuters: Economic growth across emerging markets eased in the second quarter of 2012, dragged down by lacklustre manufacturing sector activity, especially in China and Brazil, an HSBC survey showed on Wednesday.  Read More →


Asian shares nudge up, gains seen capped before China data

Published : 1:33 am  July 11, 2012  |  Category: International  |  Leave a Comment  |  567 views  |  
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Reuters: Asian shares crawled higher on Tuesday after sharp losses the day before but gains were limited as investors, worried about a global economic deceleration, waited for Chinese trade data due later in the day that could set the tone for risk appetite. MSCI’s broadest index of Asia-Pacific shares outside Japan nudged up 0.2 per cent, after slumping 1.6 per cent on Monday for its biggest daily loss in about a month.  Read More →


US arms makers cite strong demand from foreign buyers

Published : 1:31 am  July 11, 2012  |  Category: International  |  Leave a Comment  |  572 views  |  
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Reuters: Military budgets may be under pressure in the United States and Europe but there is growing demand from the Middle East, Asia and other regions for new fighter jets, helicopters and surveillance equipment, top weapons industry executives say. “We have probably our busiest air show as of right now,” William Swanson, chief executive of Raytheon Co told Reuters in an interview on the opening day of the Farnborough International Airshow, the largest aerospace showcase in the world.  Read More →


India likely to grow less than 6% in FY13: Survey

Published : 1:30 am  July 11, 2012  |  Category: International  |  Leave a Comment  |  544 views  |  
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Reuters Market Eye :India’s GDP growth will likely be less than 6% for FY13, according to 72% of respondents in a client survey by Standard Chartered Bank.  Read More →


Asia shares hurt as growth worries deepen on China, US data

Published : 12:13 am  July 10, 2012  |  Category: International  |  1 Comment  |  574 views  |  
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Reuters: Asian shares slid on Monday after U.S. jobs data and cooling inflation in China exacerbated worries about flagging global economic growth, with investors not particularly hopeful that a European meeting later in the day would bring further progress for the region’s banks.  Read More →


China slowdown weighs on emerging market funds

Published : 12:12 am  July 10, 2012  |  Category: International  |  Leave a Comment  |  783 views  |  
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REUTERS: As China slips, the second-half performance for many emerging market mutual funds might soon follow. In recent months, investors have been pulling hundreds of millions of dollars out of stock funds that invest mainly in companies associated with the big four emerging market nations of Brazil, Russia, India and China.  Read More →


Egypt president recalls parliament, generals meet

Published : 12:10 am  July 10, 2012  |  Category: International  |  Leave a Comment  |  640 views  |  
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Reuters: Egypt’s new president on Sunday ordered a parliament dominated by his Islamist party to reconvene, challenging the authority of the generals who had dissolved the assembly in line with a court order.  Read More →


Greece says will carry out reforms, privatisations

Published : 12:00 am  July 9, 2012  |  Category: International  |  Leave a Comment  |  565 views  |  
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Reuters: Greece’s new finance minister on Saturday pledged to carry out reforms and privatisations demanded under its latest financial rescue in an attempt to regain credibility with international partners stumping up money to keep the country afloat.  Read More →


US, Pakistan ties still raise tough questions: Clinton

Published : 12:00 am  July 9, 2012  |  Category: International  |  1 Comment  |  524 views  |  
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Reuters: The U.S.-Pakistani relationship remains challenging for both despite the reopening of Pakistani land routes to resupply U.S. troops in Afghanistan, U.S. Secretary of State Hillary Clinton said on Sunday. Clinton last week apologised for a November NATO air strike that killed 24 Pakistani soldiers and Islamabad responded by reopening the overland supply routes that are crucial to the U.S-led war in Afghanistan.  Read More →


SE Asia in a quandary over US-China rivalry

Published : 12:00 am  July 9, 2012  |  Category: International  |  1 Comment  |  699 views  |  
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Reuters: A U.S.-China tug-of-war over Southeast Asian influence is proving to be a critical test for Washington’s “pivot” East as Beijing strengthens its economic and military clout in its own backyard. Countries of the Association of South East Asian Nations (ASEAN), one of the world’s fastest growing regions, are weighing up how to play their cards as the United States plays catch-up with the Chinese juggernaut and tries to reassert itself in Asia.  Read More →


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