Archive for the December 29, 2016
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Airbus said Tuesday it was postponing for a year the planned delivery of 12 A380 superjumbos to Dubai's Emirates airline, without offering reasons for the delay. The aerospace giant will "change its pace of its
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Shanghai's banking regulator has told domestic commercial banks in the commercial hub to keep up lending to small firms and increase their tolerance for bad loans, two sources told Reuters on Wednesday. The Shanghai branch
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After years of falling domestic sales, Thailand's auto industry is hoping 2017 will be a year of recovery with the end of a five-year restriction on people selling cars bought under a government subsidy scheme.
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Vietnam's economy expanded an estimated 6.21 percent this year, slightly behind 2015 and marking the first slowdown in four years, but a fourth-quarter surge to 6.68 percent was the best for a year, keeping it
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South Korea's anti-trust watchdog slapped US computer chip giant Qualcomm with a record fine exceeding $850 million on Wednesday for abusing its dominant market position as a maker of baseband chipsets used in mobile phones.
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A looming writedown at Japanese conglomerate Toshiba Corp has wiped almost $5 billion off its value in two days and prompted a credit rating downgrade on Wednesday, as the company grapples to plug a potential
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Argentina said on Tuesday that $90 billion in assets had been declared so far under the government's tax amnesty plan, which outgoing Finance Minister Alfonso Prat-Gay called "an extraordinary success." Other government data published Tuesday
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China has suspended registration of private equity asset management plans for securities and futures brokerages for cases where money is lent to property developers or to illegally fund downpayments to buy property, three sources said
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China will speed up drafting regulations on overseas investment, as investment in sectors such as property has shown irregularities, a senior commerce ministry official was quoted as saying on Tuesday. Zhou Liujun told state-owned news
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President Abdel Fattah al-Sisi said on Wednesday that tough economic conditions in Egypt would improve in six months and called on businessmen and investors to help the government curb price increases. Speaking at the opening
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