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Gold gains on China demandGold edged higher on Wednesday due to strong Chinese demand and after Federal Reserve officials allayed investor concerns that the US central bank will soon exit its bullion-friendly bond purchases. Gold has been pressured i More… |
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Investment flows to developing states to soarThe percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up with richer nations and become more integrated into finan More… |
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US under constant cyber attack threatThe top US general in charge of cyber security warned on Tuesday that the United States is increasingly vulnerable to attacks like those that destroyed data on tens of thousands of computers in Saudi Arabia and South Korea in the past year. More… |
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Mixed signals for the global economyA flood of data this week will paint a mixed picture of the global economy, with belt-tightening continuing to dampen activity in the euro zone, but accommodative policies helping to stimulate growth in Japan. Reports from the US More… |
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Sars-like virus kills 2 in Saudi ArabiaA new Sars-like virus has killed two more people in Saudi Arabia, taking the number of deaths from the coronavirus that the Kingdom has announced to seven in one week. “Three infections by the new coronavirus have been regis More… |
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Struggling factories underline fragility of world growthManufacturing across the world stumbled last month, underlining the fragility of the global economy and building the case for more action from leading central banks. Gloomy purchasing managers indexes - surveys of factory activity More… |
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New bird flu poses ‘serious threat’A new strain of bird flu that is causing a deadly outbreak among people in China is a threat to world health and should be taken seriously, scientists said on Wednesday. The H7N9 strain has killed 24 people and infected more than More… |
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China ‘working on’ persuading NKoreaThe top US military officer said on Wednesday Chinese leaders had assured him that they were working on persuading North Korea to abandon its nuclear weapons programme. China is North Korea's main diplomatic and financial back More… |
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New bird strain among most lethal flu viruses: WHOA new bird flu strain that has killed 22 people in China is "one of the most lethal" of its kind and transmits more easily to humans than another strain that has killed hundreds since 2003, a World Health Organization (WHO) expert said More… |
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China to build second, larger aircraft carrierChina will build a second, larger aircraft carrier capable of carrying more fighter jets, the official Xinhua news service reported late Tuesday, quoting a senior officer with the People's Liberation Army (PLA) Navy. The repor More… |
