Wednesday, July 9th, 2008
The dollar rose against major currencies on Tuesday as Federal Reserve Chairman Ben Bernanke bolstered the market with a speech and oil prices tumbled.
Bernanke promised on Tuesday to consider retaining an emergency lending facility ...
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Wednesday, July 9th, 2008
Crude futures tumbled more than 5 U.S. dollars on Tuesday as the market worried that the demand would fall due to high oil prices and the tension in the Middle East eased.
Light, sweet crude for August delivery dropped 5.33 dollars ...
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Monday, July 7th, 2008
Canon, the world's largest maker of digital cameras, plans to build a new plant to keep up with demand of global market, according to media report on Monday.
The new plant will be built in Nagasaki on Japan's southern island of Kyus ...
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Monday, July 7th, 2008
As Americans continue to shift focus from trucks to cars because of high gas prices, General Motors announced it is considering a new Chevrolet mini car for the U.S. market.
GM spokesman Dee Allen said bringing the Chevrolet Beat, w ...
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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
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
Consumer confidence in several Asia-Pacific countries and regions has fallen to levels similar to those seen during a regional financial crisis 10 years ago, a MasterCard survey said on Thursday.
The six-monthly survey of 13 markets ...
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Friday, June 27th, 2008
South Korean banks' lending rates rose for the second consecutive month in May as market interest rates advanced, the South Korea central bank said Thursday.
The average lending rates for households and companies reached 6.96 percen ...
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