Category Archives: Asia
The worlds most effective translation service is now online
The LowCostTranslator the low cost high service initiative from the Swiss The Translator Group is now online in 5 countries including the US. Before end of year 35 local websites will be rolled our providing … continue…
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China official PMI shows factory sector barely growing
(Reuters) – China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July, suggesting the sector is barely growing, while a rival HSBC survey indicated the more market-sensitive private sector is … continue…
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China rate cut sparks fears of grim May data
(Reuters) – Global cheers over China’s decision to cut interest rates faded on Friday as investors and economists worried that the move signaled the impending release of grim economic data. China’s surprise rate cut unveiled … continue…
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China makes surprise interest rate cut
(Reuters) – China delivered twin surprises on interest rates on Thursday, cutting borrowing costs to combat faltering growth while giving banks additional flexibility to set competitive lending and deposit rates in step along the path of liberalization. … continue…
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Chinese investment into Europe set to boom
(Reuters) – Europe is riding a gathering wave of Chinese direct investment that could bring in $250 billion to $500 billion in fresh capital this decade, generating jobs but giving policymakers headaches in return, a … continue…
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China factory data signals weak first-half growth
(Reuters) – China’s factories took a hit in May as export orders fell sharply, a private sector survey showed on Thursday, suggesting surprise weakness in April’s hard economic data persists even as policymakers seek to … continue…
No change to BOJ’s powerful easing stance
(Reuters) – Bank of Japan Governor Masaaki Shirakawa said on Wednesday that there was absolutely no change to the central bank’s stance of continuing to pursue powerful monetary easing to beat deflation. But Shirakawa said … continue…
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India’s Jet likely to order 100 planes for $3.75 billion: CAPA
(Reuters) – Jet Airways (JET.NS) is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012/13 as the largest Indian carrier grabs market share from its troubled rivals, a leading … continue…
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India faces mass default and restructuring as devaluation looms
SINGAPORE, May 22 (IFR) – India’s mounting economic and political woes are prompting market players to raise the specter of a Greek-style crisis in Asia’s third largest economy. This is not simply idle speculation. Last … continue…
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Fitch cuts Japan as politics hinders debt plan
(Reuters) – Fitch cut Japan’s sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims the chance that the country can curb its snowballing debt. Fitch Ratings … continue…
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