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World and Company News for 15/02/13
AMC Amcor announces today it has agreed to acquire select printing assets of AGI-Shorewood’s Tobacco Packaging and Specialty Folding Carton Operations for US$114.8 million. The acquired business has...
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World Economic News for 19/02/13
Aust Greens leader Christine Milne has announced plans to set up a Senate inquiry into the failure of the mining tax to raise any significant revenue Citi Aust Moody’s has warned the WA State...
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World Economic News for 21/02/13
China Chinese Premier Wen Jiabao called for local authorities to “decisively” curb real estate speculation and take steps to rein the property market after data showed prices surged the most in two...
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World Economic News for 22/02/13
China There is no secret to what is driving the turnaround in China’s growth: credit. Spurred on by interest-rate cuts in June and July, China’s banks went on an end-of-year lender bender. Total...
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World Economic News for 25/02/13
Asia North Korea has warned the top US military commander in South Korea that he will “ignite a war” if he goes ahead with scheduled military drills next month. Bloomberg China Chinese new-home...
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World Economic News for 28/02/13
China HSBC’s preliminary read on February manufacturing fell to 50.4 against expectations for 52.2 and January’s 52.3. “Chinese fundamentals may prove weaker than previously expected,” Seeking Alpha...
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World Economic News for 01/03/13
Aust Headline Australian Capex disappointed estimates dropping 1.2% for Q4 but the details are far more supportive. Citi Aust The Queensland Government says the Costello Commission of Audit...
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World Economic News for 04/03/13
China China’s factory activity weakened last month as the official PMI, which focuses on larger state-owned companies, unexpectedly fell to 50.1 from 50.4 in January. HSBC’s PMI, which concentrates on...
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World Economic News for 05/03/13
China Beijing intensified its three-year campaign to curb rising prices by ordering larger deposits and a stricter enforcement of sales taxes. “Before these policies, the central government released...
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World Economic and Company News for 06/03/13
Aust In a world first, the Reserve Bank of Australia will establish a permanent bailout facility for domestic banks by 2015 that will be worth as much as $380 billion AFR China China has given...
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World Economic News for 07/03/13
Aust Australian GDP climbed 3.6% in 2012, representing the strongest growth since 2007 and one of the best performances in the developed world as rising exports and resources investment offset a slump...
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World News for 11/03/13
China China’s real-estate sector is not on track for a crash, as demand is high and leverage is low, says JPMorgan’s Fang Fang, who’s also a member of the Chinese People’s Political Consultative...
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World Economic News for 12/03/13
Asia North Korean leader Kim Jong-Un has issued a detailed threat to “wipe out” a small South Korean island in a further escalation of already elevated military tensions on the Korean peninsula. AFR...
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World Economic News for 19/03/13
Africa Africa lost $1.3T in illicit outflows stemming from bribes, tax evasion and other corrupt practices in the three decades to 2009, a report shows, with the $74.2B that left in 2009 representing...
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World Economic News for 20/03/13
EU Cyprus’s Parliament voted against the levy on bank deposits, with 36 votes against and none in favour, paving the way for the ECB to withdraw Emergency Liquidity Assistance from the country’s...
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World News for 21/03/13
Asia As expected, the Reserve Bank of India has cut its benchmark interest rate to 7.5% from 7.75%, the second reduction this year, as it looks to boost faltering economic growth. The move came...
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World Economic News for 22/03/13
China In contrast to the eurozone, Chinese factories have continued their recovery this month, with flash HSBC PMI rising to 51.7 from 50.4 in February, which was distorted by the week-long New Year...
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World Economic News for 26/03/13
EU Germany’s closely watched Ifo Index of business confidence has unexpectedly dropped in March for the first time in five months, falling to 106.7 from 107.4 in February. The decline was due to the...
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World Economic News for 27/03/13
Asia The Bank of Korea says GDP in South Korea grew 0.3% in Q4, a slight reduction from its initial estimate of 0.4%, as the impact of a weak yen continues to take its toll on exports. The central...
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World Economic News for 28/03/13
EU Cyprus has been preparing capital controls to prevent a run on the banks when they reopen for business tomorrow after being closed for almost a fortnight. Russia has warned Cyprus not to make the...
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