Archive for  August 2004
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Chicago Board of Trade rough rice futures closed steady to lower on Wednesday after a very lightly traded session, with seasonal US harvest pressure weighing on prices, brokers said. The US Department of Agriculture reported
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Malaysian crude palm oil futures rallied to their highest in nearly two months on Thursday after breaching the key barrier of 1,500 ringgit a tonne on firmer physical prices and gains in rival US soyaoil.
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Hong Kong's export growth slowed in the three months through July, increasing just two percent from the previous quarter and is seen moderating further as rising interest rates and oil prices curb demand for goods
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Leading International business magazine "Business Week" in its latest issue has published the list of top 100 brands globally. Coca-Cola has been ranked as number one brand in the world with an estimated brand value
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Standard & Poor's Ratings Services raised Thailand's long-term foreign-currency credit rating on Thursday, citing strong external liquidity. But the ratings agency expressed concern at the slow pace of structural reforms, particularly in the banking system.
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Russia, like many oil exporters enjoying the fruits of record crude prices, is piling up cash at dizzying speed, prompting calls to spend the money rather than save it for a rainy day. Finance Minister
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India's central bank is likely to dig deeper into its war chest of foreign exchange reserves to bolster the rupee as it tries to contain inflationary pressure and cushion the economy from high crude oil
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Turkey and the International Monetary Fund could begin talks on a new programme in late September, Turkish Economy Minister Ali Babacan said on Thursday. Financial markets have been seeking clarity on what kind of deal
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Spending by Australian businesses surged in the second quarter, supporting expectations for a rebound in economic growth and the central bank's view that interest rates will rise again at some stage this cycle. Capital expenditure
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Solid investment returns helped Swiss Re double first-half net profit, the world's second-largest reinsurer said on Thursday, but its shares fell as investors worried whether the gains could be sustained. Net profit rose to 1.4
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