Archive for August 2004
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Global courier giant DHL unit said on Monday it expected its expand its 40 percent share of the Asia-Pacific express courier market by one-to-two percentage points in the next few years, fuelled by growth in
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South Korea's finance minister ordered senior ministry officials on Monday to draw up tougher measures to counter the effect of surging international oil prices, his spokesman told reporters. The minister, Lee Hun-jai, also said he
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Credit rating agency Moody's Investors Service said Monday that its rating outlook for Japanese companies is generally positive on expectations that their credit quality will continue to improve for the time being. "Signs of improving
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Credit rating agency Moody's Investors Service said Monday that its rating outlook for Japanese companies is generally positive on expectations that their credit quality will continue to improve for the time being. "Signs of improving
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India's biggest car maker, Maruti Udyog Ltd, reported a modest rise in July vehicle sales on Monday, as a 38 percent drop in exports blunted a 10 percent jump in domestic sales. Maruti, 54.2 percent
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India's central bank is likely to keep interest rates unchanged at 30-year lows over the next six months to help sustain an economy at risk from insufficient monsoon rains, analysts say. The Reserve Bank of
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Citigroup's Citibank unit in Hong Kong plans to hire 40 percent more front-line staff for its retail banking business this year as it moves to boost its presence in the city, an executive said on
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Malaysian imports raced ahead by 27.5 percent through the year through June, a Reuters poll showed, but the pace is likely to drop off as the drivers of this surge in imports, the country's exporters,
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Japan's fourth biggest banking group UFJ Holdings Inc said Monday it had formally declined a merger offer from Sumitomo Mitsui Financial Group Inc (SMFG). Takamune Okihara, president of UFJ Bank, the core unit of the
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Visiting Iraqi Oil Minister Thamir Ghadhban said Iraq has formed a joint oil committee with former foe Kuwait to develop strategic co-operation in energy-related fields between the neighbouring states. During a three-day visit falling on
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