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Source: Xinhua Published: May 16, 2012 16:32
BHP Billiton will not spend 80 billion AU dollars (79.06 billion US dollars) on growth projects as previously stated, chairman of the global miner Jacques Nasser said Wednesday.
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Source: Xinhua Published: May 16, 2012 16:11
South Korean shares retreated for six straight days on Wednesday as foreign investors kept their selling spree for the 11th consecutive session amid concerns over the Greek political turmoil that continued to weigh on the market.
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Source: Xinhua Published: May 16, 2012 15:15
Session on Wednesday, amid investors' concerns over eurozone financial crisis. Hong Kong stocks plunged 611.33 points, or 3.07 percent, to 19,282.98 points, during the afternoon trading.
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Source: Xinhua Published: May 16, 2012 14:57
South Korea's overseas direct investment jumped 18.7 percent in the first quarter from a year earlier due to growing investment into the Asian and Latin American nations, a government report showed Wednesday.
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Source: Xinhua Published: May 16, 2012 13:09
Colombia should view its new Free Trade Agreement (FTA) with the United States as an opportunity instead of a threat to its economy, Colombian President Juan Manuel Santos said Tuesday.
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Source: Xinhua Published: May 16, 2012 11:02
Portugal's economy decreased by 0.1 percent in the first quarter of 2012 compared with the last quarter and by 2.2 percent on a 12-month basis.
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Source: Xinhua Published: May 16, 2012 11:00
Australia's consumer confidence has grown slightly after the Reserve Bank of Australia (RBA) cut the cash rate by 50 basis points to 3.75 percent on May 1, a survey by Westpac Banking Corp and the Melbourne Institute of Applied Economic and Social Research showed on Wednesday.
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Source: Xinhua Published: May 16, 2012 10:42
Nigeria's Minister of State for Agriculture Bukar Tijani said on Tuesday that the ministry has begun negotiations with the Chinese government to embark on hybrid rice seed production.
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Source: Xinhua Published: May 16, 2012 10:41
The Chinese currency Renminbi, or the yuan, lost 95 basis points to 6.3205 against the US dollar on Wednesday, according to the China Foreign Exchange Trading System.
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Source: Xinhua Published: May 16, 2012 08:47
France, Europe's second largest economy, did not record any growth over the first quarter this year due to weak foreign trade and tepid household consumption, the national statistics bureau Insee announced Tuesday.
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