Archive for February 15th, 2008
Friday, February 15th, 2008
The United Arab Emirates (UAE) is seeking to invest up to 20 billion U.S. dollars in South Korea under the incoming Lee Myung-bak government, South Korea's Yonhap News Agency reported on Friday.
According to Yonhap, Mohammed Al-Shai ...
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Friday, February 15th, 2008
Japan's central bank decided on Friday to maintain the benchmark short-term interest rate steady at 0.5 percent in line with market expectations.
The global market turbulence induced by the U.S. subprime mortgage crisis is keeping o ...
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Friday, February 15th, 2008
European economic expansion cooled in the fourth quarter, as a United States-led global slowdown curbed export demand and soaring food and energy costs undermined consumer spending.
Gross domestic product rose 0.4 percent from the t ...
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Friday, February 15th, 2008
Canada's international trade surplus dropped to its lowest level in more than nine years last December, federal agency Statistics Canada reported Thursday.
Exports fell 3.1 percent to 36.7 billion Canadian dollars (36.7 billion U.S. ...
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Friday, February 15th, 2008
The Venezuelan government Thursday accused the U.S. oil company Exxon Mobil of carrying out "judicial terrorism" against the sovereign interests of the South American nation, which has decided to nationalize its oil industry.
Energy ...
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Friday, February 15th, 2008
Expansion in the euro area's two largest economies cooled in the fourth quarter, marking the start of a slowdown that may deepen this year.
Gross domestic product in Germany, Europe's biggest economy, rose 0.3 percent from the third quar ...
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Friday, February 15th, 2008
Commerzbank AG, Germany's second-largest bank, said fourth-quarter profit declined 44 percent on writedowns related to US subprime assets.
Net income fell to 201 million euros ($293 million) from 359 million euros a year earlier, the Fra ...
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Friday, February 15th, 2008
The French economy increased by 1.9 percent in 2007, despite a mere 0.3-percent GDP growth in the fourth quarter, according to results published Thursday by French national statistics office Insee.
This result is in conformity with ...
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