Categorie > World Business News
Stocks slip amid China, sovereign debt jitters
Categorie : World Business NewsSYDNEY (Reuters) - Asian stocks fell from near seven-week highs on Monday as a currency spat between China and the United States and worries about sovereign debt combined to keep investors away from riskier assets. ...
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Sun Mar 2010
Talks start in Australia on Pacific trade deal
Categorie : World Business NewsCANBERRA (Reuters) - Officials from eight nations including the United States began talks on a transpacific trade deal on Monday in a move Australia said could add momentum to stalled World Trade Organization talks. ...
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Greek bailout tops EU finance ministers' agenda
Categorie : World Business NewsBRUSSELS (Reuters) - Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French and German doubts that a deal will be reached. ...
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Arrow to reject Shell, PetroChina $3 billion bid: report
Categorie : World Business NewsPERTH (Reuters) - Australia's Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid. ...
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BYD posts record Q4 profit on robust sales
Categorie : World Business NewsSHANGHAI/HONG KONG (Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing's policy initiatives boosted demand in the world's largest car market. ...
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JP Morgan fund invests in China, India
Categorie : World Business NewsHONG KONG (Reuters) - JP Morgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years. ...
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Australia tells Beijing to stay out of iron ore talks
Categorie : World Business NewsSYDNEY (Reuters) - China's steelmakers should not try draw their government into iron ore price talks with Australian miners, Australia's trade minister said on Monday, as the mills struggle to pin back soaring raw material prices. ...
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AIG holds back $21 million from FP unit payout: source
Categorie : World Business NewsNEW YORK (Reuters) - American International Group Inc is holding back $21 million from retention bonuses due by Monday to current and former employees of its Financial Products unit, a source familiar with the matter said. ...
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Japan Post bought US Treasuries in Oct-Dec: report
Categorie : World Business NewsTOKYO (Reuters) - Japan Post Bank bought about 300 billion yen ($3.3 billion) in U.S. Treasuries in October-December, the first time it has purchased U.S. government debt since the start of its privatization process in October 2007, the Nikkei business daily said on Monday. ...
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Asset manager plans London listing of distressed debt fund
Categorie : World Business NewsLONDON (Reuters) - Asset manager Neuberger Berman, which once belonged to failed investment bank Lehman Brothers, plans a London listing for its first fund dedicated to distressed debt, according to the Financial Times. ...
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Oil falls below $81 amid weak US crude demand (AP)
Categorie : World Business NewsAP - Oil prices fell below $81 a barrel Monday in Asia amid investor concerns flagging U.S. crude demand doesn't justify the recent rally. ...
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Survey: Readers don't want to pay for news online (AP)
Categorie : World Business NewsAP - Getting people to pay for news online at this point would be "like trying to force butterflies back into their cocoons," a new consumer survey suggests. ...
read more Sun Mar 2010