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| ISSUE 96 - Apr 2012 |
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Asia markets plunge amid recession fears
HONG KONG (AFP) -Asian stock markets plummeted on Friday following carnage in the US and European markets over fears the world was heading towards another financial crisis.
08-05-11 18:50:01 |  | | China to continue supporting Europe despite crisis
BEIJING (AFP) -China said on Friday it remains confident in the eurozone and will continue to support the currency, even as the region's deepening debt crisis threatens to engulf Italy and Spain.
08-05-11 17:10:42 |  | | Australia bank slashes growth forecasts
SYDNEY (AFP) -Australia's central bank slashed its 2011 growth forecast Friday from 4.25 percent to 3.25 percent, warning the coal industry's recovery from floods was slower than hoped and consumer spending was cooling.
08-05-11 12:05:20 |  | | Honda to recall over 2 mn vehicles in US, China
TOKYO (AFP) -Honda Motor said Friday it will recall more than 2 million vehicles in the United States and China to update the software that controls their automatic transmission.
08-05-11 20:10:49 |  | | GM's China sales down 1.8% in July
SHANGHAI (AFP) -General Motors said on Friday its sales in China, the world's largest auto market, fell 1.8 percent from a year earlier to 173,398 vehicles in July on a drop in sales of commercial vehicles.
08-05-11 18:40:06 |  | | China's ICBC buys 80% stake in Argentina bank
BEIJING (AFP) -Chinese banking giant ICBC said on Friday it has agreed to pay $600 million for an 80 percent stake in the Argentina operations of South Africa's Standard Bank, continuing its push into overseas markets.
08-05-11 20:56:10 |  | | IMF urges S.Korea to raise interest rates
SEOUL (AFP) -The International Monetary Fund urged South Korea to raise its key interest rate and let the won appreciate further, saying the economy has moved beyond recovery into expansion.
08-05-11 10:09:02 |  | | Japan dealers expect volatility in stocks next week
TOKYO (AFP) -The Japanese stock market is expected to be highly volatile next week, dealers said Friday, following a huge sell-off in the global markets on worries over the US economy and European debt crisis.
08-05-11 19:48:13 |  | | India's top court partially lifts mining ban
NEW DELHI (AFP) -India's top court allowed on Friday limited resumption of iron ore mining in a southern state that was suspended a week ago following revelations of a $3.6-billion mining fraud.
08-05-11 19:28:59 |  | | Indian shares fall to a year-low on global fears
MUMBAI (AFP) -Indian shares plunged to a one-year-low on Friday, triggered by US economic worries and the European debt crisis which have spooked world markets.
08-05-11 19:31:53 |  | |
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| US |
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| DJIA |
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| Nasdaq |
2,874.04 |
0.00 |
| S&P 500 |
1,324.80 |
-5.86 |
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| Europe |
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| DJ Stoxx 50 |
2,157.23 |
-18.11 |
| DAX |
6,347.78 |
-36.48 |
| FTSE 100 |
5,364.02 |
-41.23 |
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| Asia |
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| Nikkei 225 |
8,876.59 |
+75.42 |
| Hang Seng |
19,200.93 |
-58.90 |
| STRAITS TIMES INDEX |
2,822.61 |
-8.54 |
| S&P/ASX 200 |
4,157.40 |
-8.100 |
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| 2012-5-17 |  | | 24°C ~ 30°C |
| | 2012-5-18 | | | 24°C ~ 31°C |
| | 2012-5-19 | | | 24°C ~ 30°C |
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