Archive for June, 2008
Friday, June 27th, 2008
The Supreme People's Court (SPC) overturned about 15 percent of the death sentences handed down by high courts in the first half of this year, a senior court official said yesterday.
The high rejection rate shows how cautious the judicia ...
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Friday, June 27th, 2008
The U.S. economy grew at an annual rate of 1 percent in the first quarter of this year, faster than the 0.9 percent pace estimated a month ago, the Commerce Department reported Thursday.
The first-quarter growth rate for gross domes ...
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Friday, June 27th, 2008
The dollar fell against most major currencies on Thursday, extending losses of the previous session as Wall Street plunged.
The dollar continued losing grounds after the U.S. Federal Reserve failed to give a strong signal that it wo ...
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Friday, June 27th, 2008
Wall Street plunged Thursday with Dow Jones closing lowest in nearly two years as a series of bad economic news hit the market and oil prices set a new record at 140 U.S. dollars a barrel.
Light, sweet crude for August delivery sett ...
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Friday, June 27th, 2008
Crude futures surged sharply and broke the 140 U.S. dollars level for the first time on Thursday as OPEC predicted oil prices to rise and Libya threatened to cut production.
Light, sweet crude for August delivery rose 5.09 dollars t ...
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Friday, June 27th, 2008
Yahoo on Thursday announced its second major reorganization in less than two years, as the beleaguered Internet company sought to beat back a shareholder revolt that appears to be gaining traction.
The shakeup gives new responsibili ...
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Friday, June 27th, 2008
China will replace Japan as the largest online shopping market in the Asia-Pacific region in 2010,with 480 million online shoppers spending 1.4 trillion U.S. dollars, a MasterCard survey said on Thursday.
The survey, which analyzes ...
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Friday, June 27th, 2008
The level of morale among French consumers continued on a downward spiral in June, falling to its lowest level in 20 years, on the backdrop of runaway inflation and fears over a faltering purchasing power, French economists have warned.
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