Tuesday 7 July 2015
 
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Oil prices stabilise after massive selloff

Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year the previous session over Greece's rejection of debt bailout terms and China's stock market woes. Front-month US crude futures wer

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Oil prices stabilise after massive selloff

Crude oil prices steadied on Tuesday, after posting one of their biggest selloffs this year the previous session over Greece's rejection of debt bailout terms and China's stock market woes. Front-month US crude futures wer

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Oil prices tumble after Greece vote

Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. The result

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China brokerages to buy $19.3bn in shares to stabilise market

China's top 21 securities brokerages said that they would collectively invest at least 120 billion yuan ($19.3 billion) to help stabilise the country's stock markets after a slump of nearly 30 per cent since mid-June. A fl

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China in $11bn Airbus jet order

China has placed a landmark order for dozens of wide-body jets from Airbus in a multi-billion-dollar deal that paves the way for a second European aircraft plant in the world's fastest-growing aviation market. The deal, signed

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Bahrain, China plan fisheries JV project

Bahrain and China will set up a joint aquaculture project to produce 36 to 50 tonnes of fish a year, a report said. Under the deal, Bahrain will provide a plot of land covering 2,000 sq m, infrastructure facilities, water and elec

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1,000 banks use RMB for China, Hong Kong payments

More than 1,000 financial institutions have used renminbi (RMB) for payments with China and Hong Kong in May, representing 25 per cent of all institutions exchanging payments with the latter across all currencies, according to recent data.

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China's Big 3 cargo carriers set for merger

China's three largest airline cargo carriers will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air Ch

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China's Big 3 cargo carriers set for merger

China's three largest airline cargo carriers will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air Ch

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China puts $6trn price tag on its climate plan

It will cost China over $6.6 trillion (41 trillion yuan) to meet the greenhouse gas reduction goals it will lay out later this month in its strategy for United Nations climate negotiations, the country's lead negotiator for the talks said Tu

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