Archive for the January 2, 2016
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The US tuna fleet has been blocked from fishing in the lucrative western Pacific for the first time in three decades as a conflict over fees remains unresolved. The US Department of Commerce's National Marine
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South Korea's exports fell for a 12th straight month in December, capping its worst yearly trade performance since the 2008-2009 global financial crisis, and the government warned there was no quick turnaround in sight. Low
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France said on Friday it would buy four C130 Hercules military transport planes from US weapons maker Lockheed-Martin due to problems with European planemaker Airbus's A400M. A Defence Ministry source had said in May that
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China's new home prices increased in December for the fifth straight month, a survey showed Friday, following a series of stimulus measures aimed at boosting lending. The gains come as authorities have vowed to stabilise
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China looked set for a soggy start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December, suggesting the government may have to step up policy support to avert
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Oman will cut spending this year by 15.6 percent in the face of lower oil prices but still face a huge deficit after posting one in 2015, Finance Minister Darweesh al-Bloushi said. Spending is projected
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Russia will file a lawsuit against Ukraine after Kiev failed to repay a $3 billion Eurobond and $75 million of interest by December 31, the Russian finance ministry said late on Thursday. The decision was
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Russia will file a lawsuit against Ukraine after Kiev failed to repay a $3 billion Eurobond and $75 million of interest by December 31, the Russian finance ministry said late on Thursday. The decision was
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Iraq's oil exports from its southern fields averaged 3.215 million barrels per day (bpd) in December, down from a record high in November but up from a year earlier, the oil ministry said on Friday.
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Ukraine's free-trade deal with the EU comes into effect Friday, coinciding with the start of Moscow's food embargo against Kiev that will force the impoverished former Soviet republic to revisit its economic model. The free-trade
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