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Some Asian airports tighten controls on bird flu fearsSeveral governments in Asia have ordered tougher screening of air travelers from China in an effort to contain a possible spread of a new strain of bird flu that has killed 23 people in the mainland and infected one visitor from Taiwan. More… |
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Positive Asia tone to help Gulf marketsA positive tone in Asian markets is expected to support stocks around the Gulf, where many markets are already in uptrends because of strong first-quarter corporate earnings. The MSCI index of Asia-Pacific shares outside Japan was More… |
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Asia upbeat on Japan's $1.4 trillion pushAsian policymakers braced for a flood of capital unleashed by the Bank of Japan's (BOJ) huge monetary stimulus, but some conceded yesterday the impact on global money flows and currencies might prove to be a necessary side-effect to get the More… |
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CSC names head of Asia and MEAUS-based CSC, a global leader in providing technology enabled business solutions and services, has named Maruf Majed vice president and general manager for Asia, Middle East and Africa. Majed will report to Thomas E Hogan, executi More… |
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Sabic eyes further growth in AsiaSaudi Basic Industries Corporation (Sabic), ranked among the top petrochemical companies in the world, seeks to expand collaboration with the business sector in Singapore, and continue to be a reliable source of quality products and services to More… |
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Asian markets 'vital for Bahrain aviation'The average number of passengers passing through Bahrain International Airport (BIA) from 51 destinations has soared to eight million a year of which two million are those travelling from and to Asian countries, said a report. In More… |
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Iraq undercuts Saudi to grab Asian oil shareFast-growing oil exporter Iraq is selling its crude cheaper than any comparable supply, undercutting regional rival Saudi Arabia to grab a bigger slice of the Asian market. Three years into an oil expansion following decades of wa More… |
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Current oil prices won't deter Asia growth: Al-NaimiCurrent oil prices will have no impact on growth in Asia, the oil minister for top exporter Saudi Arabia said on Monday, even as the region's biggest economies struggle with rising energy costs in their efforts to boost gro More… |
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Gold buying seen slowing in AsiaPhysical gold buying from China and elsewhere in Asia slowed this week after a second week of gains for the precious metal and as prices approached a key resistance level. Spot gold hovered around $1,590 an ounce, up nearly one pe More… |
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Asian shares rise after Dow recordAsian shares extended gains on Wednesday as Wall Street's record close yesterday encouraged investors to take on more risk amid signs of a continuing US economic recovery and globally accommodative monetary conditions. More… |
