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Delegates pose for a group photo after the opening ceremony of the APEC trade ministers’ meeting in eastern Java’s Surabaya, Indonesia, Saturday. (Xinhua-Yonhap News) SURABAYA, Indonesia (AFP) ― ...
Updated : 2013.04.21 20:44
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NICOSIA, Cyprus (AP) ― Cyprus’ president said Friday that the bailed-out country will open casinos and bolster its tourism sector to get the economy going again. Nicos Anastasiades unveiled a firs...
Updated : 2013.04.21 20:43
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LONDON (AFP) ― Fitch on Friday stripped recession-threatened Britain of its top “AAA” rating, moving it down one notch to “AA+” as a weaker economic outlook continues to push up the country’s d...
Updated : 2013.04.21 20:43
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WASHINGTON (AP) ― World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee...
Updated : 2013.04.21 20:43
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U.K. inflation expectations tumbled to the lowest in almost four months this week as energy prices fell and government reports signaled growth is slowing, gilt yields show. The so-called 10-year bre...
Updated : 2013.04.20 16:17
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WASHINGTON (AFP) ― Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring ...
Updated : 2013.04.19 20:58
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Microsoft is working with manufacturers to produce a line of small touch-screen devices powered by Windows, apparently intended to compete with tablets like the iPad Mini and Amazon Kindle Fire. Pet...
Updated : 2013.04.19 10:32
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France will not support the opening of EU-US free trade talks if audiovisual content is not excluded from the negotiations, French trade minister Nicole Bricq warned Thursday. The European Union and...
Updated : 2013.04.19 10:23
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The U.S. Federal Reserve building in Washington, D.C. (Bloomberg) WASHINGTON (AFP) ― The Federal Reserve slightly upgraded its view of the U.S. economy Wednesday, its Beige Book report on regional ...
Updated : 2013.04.18 20:10
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FRANKFURT (AFP) ― The European Central Bank could cut interest rates if new information warranted such a move, but may not actually prove very effective, ECB council member Jens Weidmann said in an ...
Updated : 2013.04.18 20:09
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Chinese bank ICBC knocked U.S. oil giant ExxonMobil from its perch as the world’s biggest public company Wednesday, ranking number-one for the first time on the Forbes Global 2000 list. Underscorin...
Updated : 2013.04.18 20:09
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U.S. Treasury Secretary Jacob Lew urged Group of 20 officials to maintain a pledge to refrain from influencing exchange rates at the expense of other countries, saying Japan’s recent policies align ...
Updated : 2013.04.18 20:08
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Japan's trade deficit more than quadrupled on year to $3.7 billion in March, government data showed Thursday, as a weaker yen inflated import costs. The monthly trade deficit expanded to 362.4 billi...
Updated : 2013.04.18 09:16
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Supermarket giant Tesco on Wednesday took 1.2 billion pounds ($1.8 billion) hit from its failed U.S. division Fresh & Easy, sparking the first drop in annual profits in almost two decades, and confir...
Updated : 2013.04.17 20:33
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TOKYO (AP) ― Toyota’s global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism. The Japanese automaker,...
Updated : 2013.04.17 20:33