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China tallies losses, costs from quake as authorities strive to minimize disruptions
AP - 1 hour 13 minutes agoCracked dams and buckled roads, collapsed buildings and toppled factories _ China has begun tallying losses from the calamitous earthquake that struck earlier this week, with estimates ranging to over US$20 billion. More »
Embattled Carrefour donates in wake of China quake
Reuters - 1 hour 31 minutes agoBEIJING, May 16 - French retailer Carrefour , just weeks ago the target of nationalist anger in China, has joined in the aid effort following Monday's devastating earthquake with donations of cash and goods. More »
DEALTALK-China buying into BHP? It's the thought that counts
Reuters - 1 hour 36 minutes agoHONG KONG, May 16 - Since Chief Executive Marius Kloppers said last week he had no doubt Chinese money would one day show up on BHP Billiton's share register, investors have piled in, expecting Beijing's cash sooner rather than later. More »
UN: World economy to grow by 1.8 percent in 2008
AP - Friday, May 16The world economy is "teetering on the brink" of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its mid-year economic projections Thursday. More »
Insurers little hurt by China quake -rating agencies
Reuters - Friday, May 16BEIJING, May 16 - Insurers and property developers should suffer only minimal fallout from China's devastating earthquake, credit rating agencies said in separate reports. More »
Kazakhstan cuts 2008 GDP growth forecast to 5.3 pct
Reuters - Friday, May 16ASTANA, May 16 - Kazakhstan has cut its 2008 economic growth forecast to 5.3 percent from a previous range of 5-7 percent, Economy Minister Bakhyt Sultanov said on Friday. More »
Emerging debt-Asian bond spreads narrow; new KEXIM bonds gain
Reuters - Friday, May 16HONG KONG, May 16 - Asian bond spreads tightened on Friday amid growing expectations the Federal Reserve will not raise U.S. interest rates yet due to signs of tamer-than-expected inflation in the world's largest economy. More »
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Japan's economy grows briskly despite credit woes
AFP - Friday, May 16Japan's economy grew at a faster than expected 3.3 percent annualised pace in the first quarter of 2008 despite a global credit crunch and US economic slowdown, official figures showed Friday. More »
China's Dongfang Electric tumbles after quake damage
Reuters - Friday, May 16HONG KONG, May 16 - Shares in Dongfang Electric Corp Ltd , China's top power generator maker, dived as much as 20 percent on Friday to their lowest level in more than a year after it said the earthquake in Sichuan had seriously damaged production at its steam turbine business. More »
- Artini seen down 0.9 pct in Hong Kong IPO debutReuters - Friday, May 16
- Anhui Conch to invest $2.15 bln in western China-papersReuters - Friday, May 16
- US stops short of branding China a currency manipulatorAFP - Friday, May 16
- BHP Billiton shares up on fresh China stake talkReuters - Friday, May 16
- Industrial output falls, second time in 3 monthsAP - Friday, May 16
- Department store sales weak, but beat StreetReuters - Friday, May 16
- Kohl's posts lower 1st-qtr profitReuters - Friday, May 16
- Baltic chief sea freight index hits record highReuters - Friday, May 16
- World economy faces slow recovery-ECB's B.SmaghiReuters - Friday, May 16
- Stocks turn higher after jobless claims reportAP - Friday, May 16
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