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Friday, September 22, 2017

Oil meeting at OPEC as strategy bears fruit

| By Asian Age Online
Oil-producing countries from inside and outside OPEC meet in Vienna on Friday as signs grow that their landmark agreement
Oil meeting at OPEC as strategy bears fruit

Dollar slips back against euro after Fed-fuelled gains

| By
The dollar fell back against the euro Thursday but firmed against the yen, as markets assessed the Federal Reserve's outlook for US interest rates. The day before, the dollar
Dollar slips back against euro after Fed-fuelled gains

Google to buy part of HTC

| By
Taiwan's struggling smartphone maker HTC said on Thursday it would sell part of its smartphone business to Google for $1.1 billion as the US giant looks to take greater
Google to buy part of HTC

Bank of Japan for stimulus as Fed eyes rate hike

| By
Japan's central bank pressed ahead with its ultra-loose monetary policy Thursday on the back of an improving economy, as its overseas counterparts start turning off the stimulus taps. The
Bank of Japan for stimulus  as Fed eyes rate hike

Global trade 'rebounds strongly' in first half of 2017: WTO

| By
The World Trade Organization on Thursday boosted its forecast for global trade growth in 2017 as commerce rebounded strongly, but cautioned that major threats could still derail the positive
Global trade 'rebounds strongly' in first half of 2017: WTO

Mitsubishi recalls 89,406 cars in Russia

| By
Russia's standards watchdog Rosstandart said on Thursday it had been informed that Mitsubishi Motors Corp was recalling 89,406 Mitsubishi ASX cars sold in Russia between July 2010 and January
Mitsubishi recalls 89,406 cars in Russia

China's debt downgraded

| By
Standard & Poor's slashed China's credit rating on Thursday over warnings that its ballooning debt had raised "economic and financial risks", marking the country's second downgrade this year.The decision

Commerzbank shares soar on government sell-off rumours

| By
Shares in Germany's second-largest lender Commerzbank leapt Thursday as rumours that the government might soon sell off its stake set financial circles abuzz. The bank's stock briefly added more

Toshiba, keen to seal $18 billion chips sale

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Japan's Toshiba Corp is locked in last minute discussions over "key issues" with the would-be buyers of its $18 billion memory chip business led by US private equity firm

Asian investors careful ahead of Fed decision

| By
Asian markets moved tentatively Wednesday ahead of a Federal Reserve policy decision, while geopolitical issues returned after Donald Trump threatened to "totally destroy" North Korea if it threatened

Walmart, Target join call for 'Dreamer' legislation

| By
Wal-Mart Stores Inc, Target Corp and PepsiCo Inc on Wednesday joined an expanded group of nearly 800 companies calling in a letter for U.S. legislation to protect immigrants
Walmart, Target join call for 'Dreamer' legislation

Israeli firms seek hi-tech help in Gaza, Palestine

| By
When Dan Leubitz needed a contractor for a project with his Israeli tech firm, one address in the list of tenders caught his eye: Gaza. It was 2015,
Israeli firms seek hi-tech  help in Gaza, Palestine

Indian brick workers treated 'worse than slaves', says study

| By
Millions of Indian brick workers are trapped in bonded labour and regularly cheated out of their wages, an anti-slavery group said Wednesday as it demanded government action. A study
Indian brick workers treated 'worse than slaves', says study

NZ election could put an obstacle in path to TPP deal

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If New Zealanders vote this weekend to change who governs them, that could create an obstacle to plans by members of the Trans-Pacific Partnership (TPP) to finalize a

Uber reviews Asia business amid US bribery probe

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Uber Technologies Inc, which is the subject of a US federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified

Australia court delays $6.9b merger of gambling giants

| By
An Australian court Wednesday dealt a blow to a planned Aus$8.6 billion (US$6.9 billion) merger of gambling giants Tabcorp and Tatts, ordering a review of the deal following

Russia's B&N bank seeks bailout

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B&N Bank, Russia's 12th biggest lender by assets, on Wednesday asked the central bank for a bailout, less than a month after another major Russian bank had to

T-Mobile US explores takeover of Sprint

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US wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership

'Bahrain abusing fisheries issue to stoke Gulf row'

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Qatar accused Bahrain on Tuesday of abusing a routine fisheries enforcement case to deepen a three-month diplomatic crisis between the emirate and its Gulf neighbours. "The State of
'Bahrain abusing fisheries issue to stoke Gulf row'

EU wants 'concrete action' on access to China

| By
European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said Tuesday. The
EU wants 'concrete action' on access to China

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