Asian shares ease on growth concerns, stimulus hopes support

Published : 12:04 am  September 5, 2012  |  Category: International  |  Leave a Comment  |  511 views  |  
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Reuters: Asian shares eased on Tuesday on concerns over weakening regional and global economic activity, but expectations of more stimulus from central banks and hopes for progress in tackling Europe’s debt crisis lent support. European equities were seen flat to lower, with financial spreadbetters calling London’s FTSE 100, Paris’s CAC-40 and Frankfurt’s DAX to open down as much as 0.2%. US stock futures were up 0.1%, pointing to a somewhat firmer opening on Wall Street, which was closed on Monday for the Labor Day holiday.  Read More →


Gold hits 5-1/2 month high on stimulus hopes

Published : 12:04 am  September 5, 2012  |  Category: International  |  Leave a Comment  |  514 views  |  
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Reuters: Gold edged higher on Tuesday to the highest level in more than five months as lacklustre manufacturing data from around the globe fanned speculation of imminent easing measures from central banks. After US Federal Reserve Chairman Ben Bernanke kept the door open for more stimulus measures last week, data on Monday showed a contraction in manufacturing activity globally and put more pressure on policymakers to take action.  Read More →


French business leaders lambast Hollande

Published : 12:33 am  September 4, 2012  |  Category: International  |  Leave a Comment  |  571 views  |  
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JOUY-EN-JOSAS, France (Reuters): French business leaders stepped up criticism of the new left-wing government on Friday, lamenting a perceived anti-corporate bias and lack of competitiveness, despite the prime minister’s recent efforts to mollify them.  Read More →


China factory surveys signal economic growth stays soft in Q3

Published : 12:32 am  September 4, 2012  |  Category: International  |  Leave a Comment  |  527 views  |  
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Reuters: China’s vast manufacturing sector has been badly hit by slowing new orders, two complementary surveys showed, a sign that the pace of growth in the world’s second-largest economy will weaken well into the third quarter.  Read More →


Maldives says China to lend it $500 million

Published : 12:30 am  September 4, 2012  |  Category: International  |  Leave a Comment  |  608 views  |  
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MALE (Reuters): China will grant $500 million in loans to the Maldives, its president said on Friday, underscoring Beijing’s growing ties with the politically troubled Indian Ocean nation.  Read More →


Russia’s Putin calls for Stalin-style “leap forward”

Published : 12:00 am  September 3, 2012  |  Category: International  |  Leave a Comment  |  564 views  |  
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Reuters: Russia needs a “leap forward” to rejuvenate its sprawling defence industry, President Vladimir Putin said on Friday, harkening back to the ambitious industrialisation carried out by Soviet dictator Josef Stalin in the runup to World War Two.  Read More →


Obama says Republican ideas from ‘last century’

Published : 12:00 am  September 3, 2012  |  Category: International  |  Leave a Comment  |  1 views  |  
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Reuters: President Barack Obama tried to bolster his re-election campaign on Saturday with a fierce critique of the Republicans’ convention and a plea to supporters to cast their ballots as early as possible.  Read More →


Asian giants seek better ties; China Defence Ministry in India

Published : 12:00 am  September 3, 2012  |  Category: International  |  1 Comment  |  1 views  |  
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Reuters:  A rare visit to India by China’s defence minister should help avoid flare-ups along the border between the nuclear-armed Asian giants at a time when Beijing is grappling with a change of leadership and friction in the South China Sea. But General Liang Guanglie’s trip — the first by a Chinese defence minister in eight years — also highlights growing competition between the two emerging powers as they jostle for influence and resources across Asia.  Read More →


Citigroup settles shareholder CDO lawsuit for $ 590 m

Published : 12:01 am  August 31, 2012  |  Category: International  |  Leave a Comment  |  726 views  |  
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Reuters: Citigroup Inc agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial crisis.  Read More →


China economy shows signs of stabilising – NDRC

Published : 12:01 am  August 31, 2012  |  Category: International  |  1 Comment  |  713 views  |  
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Reuters: China’s economy is stabilising slowly as pro-growth government policies gain traction while real estate curbs have suppressed speculation, the head of the country’s top planning agency, the National Development and Reform Commission, said on Wednesday.  Read More →


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