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Indonesia s Q1 economy may grow above 5%: official: Indonesia s Q1 economy may grow above 5%: official From: Xinhua Head of Indonesian Statistic Center Bureau (the BPS) Rusman Heriawan predicted that the country s economic growth may exceed 5 percent in the first quarter this year, propelled by massive export, increasing ...

Brazil s GDP contracts 0.2 % in 2009: Brazil s GDP contracts 0.2 % in 2009 From: Xinhua Brazil s economy shrunk by 0.2 percent in 2009 despite growth recorded in three consecutive quarters during the year, the government reported last Thursday. The downfall, attributed to the global financial crisis, marked the first ...

15 days for SOEs to plan property withdrawal: 15 days for SOEs to plan property withdrawal From: Xinhua China s government has asked the 78 centrally-administered state-owned enterprises (SOEs), which were earlier required to quit the real estate business, to map out withdrawal plans in 15 days. The State-owned Assets ...

Macao s CPI up 2.57% in February: Macao s CPI up 2.57% in February From: Xinhua Macao s composite CPI (consumer price index) for February 2010 increased notably by 2.57 percent year-on-year to 103.27, according to figures released on Monday by the city s Statistics and Census Service (DSEC). Price indices of ...

Retail sales in Beijing surge in early 2010: Beijing retail sales up 15.1% in first two months of 2010 Statistics released by Beijing Statistics Bureau show that retail sales in the Chinese capital increased by 15.1% year-on-year to CNY96.77 billion in the first two months of 2010. The growth rate was 2.4 percentage points ...

Senior Chinese leader stresses just law enforcement: Senior Chinese leader stresses just law enforcement Senior Chinese leader Zhou Yongkang has urged law enforcement departments at all levels to ensure their work practices are just and incorrupt to better solve social conflicts and uphold justice. Currently, our country is ...

U.S.: post-recession consumer adopts new shopping patterns: How America Now Shops: Dollar Stores, Online Retailers (Watch out, Walmart) Consumers may be emerging from the Great Recession a little more willing to spend these days, but they re still incredibly price-conscious and making smaller, more frequent purchases rather than loading ...

Greenpeace accuses Wal-Mart of selling GM rice in China: Greenpeace accuses Wal-Mart of selling GM rice in China According to a report released by the global environmental organization Greenpeace, the U.S.-based retail giant Wal-Mart has been selling genetically modified rice in China. According to Chinese media Greenpeace s report ...

Online shopping in Europe remains resilient: Online sales weather recession as people seek out deals The economic downturn may have kept many European consumers away from stores, but online shopping stayed resilient through the crisis as people spent more time at home and strove to find the best deals through Internet ...

Australian retailers oppose increase to minimum wage: Australian retailers lobby against minimum wage increase Retailers should be spared having to pay any increase in the minimum wage even if the industrial umpire rules in favour of Australia's lowest paid, an employer group says. The ACTU wants the nation's 1.4 million award wage ...

China, Russia sign major agreements worth $1.6bn: China, Russia sign major agreements worth $1.6bn From: China Daily China and Russia signed 15 deals cumulatively worth $1.6 billion in the Russian city of Vladivostok over the weekend, with more coming up on Monday. The documents were signed during Vice-President Xi Jinping s ...

Retail M&A ready to rev up this year: U.S. retail M&A revival seen in 2010 From: Reuters The U.S. retail sector is at the start of a deal-making revival in 2010, as cash-rich companies seek new growth avenues and private equity firms are increasingly able to finance deals. Investors and industry analysts see early ...

Minister: China likely to see trade deficit in March: Minister: China likely to see trade deficit in March From: China Daily China is likely to see a trade deficit in March for the first time, Chinese Minister of Commerce Chen Deming said in Beijing Sunday. Chen made the remarks while delivering a speech at the China Development ...

Report indicates shift is taking place in Dubai shopping malls: Dubai retail sector to see shift away from luxury brands The focus on luxury brands within existing and future shopping malls in Dubai is likely to diminish as the retail sector put increased emphasis on competitive pricing, a new report published by Jones Lang Lasalle on Monday ...

China furthers low carbon efforts after Copenhagen: China furthers low carbon efforts after Copenhagen For a great part, the Copenhagen summit was a very important platform for the world to go forward where China played a big role in putting it together, according to Nicholars Stern, world s top climate economist. Speaking to ...

Premier Wen vows to deepen China s reform on income distribution system: Premier Wen vows to deepen China s reform on income distribution system From: Xinhua Chinese Premier Wen Jiabao has pledged to further reform of income distribution to narrow the gap between rich and poor and secure social stability. In an article published Thursday in Qiushi, or ...

Chinese PMI Was 55.1% in March: Chinese PMI Was 55.1% in March In March 2010, the CFLP China Manufacturing Purchase Management Index (PMI) was 55.1%, up 3.1 percentage points from the previous month. The establishment of CFLP China Manufacturing PMI was strongly supported by Li & Fung Group. Manufacturing PMI ...

China reaffirms openness to foreign investment: China reaffirms openness to foreign investment From: Xinhua A Chinese Foreign Ministry spokesman Thursday said the government would as always welcome foreign investment and that it would maintain the mutually beneficial strategy of opening-up. Responding to questions at a regular ...

Chinese mainland, Taiwan start second expert-level talks on economic pact: Chinese mainland, Taiwan start second expert-level talks on economic pact From: Xinhua Experts from the Chinese mainland and Taiwan Wednesday started their second round of talks in Taipei to pave the way for a long-awaited economic deal that is expected to boost cross-Strait ...

WTO forecasts this year s world trade volume to rise 9.5%: WTO forecasts this year s world trade volume to rise 9.5% Recently, WTO released the statistic data of the world trade in 2009, during which time, the global demand significantly declined due to the financial crisis, with the world goods export of USD12.1470t, down 23% year-on...

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Bill Gates talks nuclear: Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

China offers inspirations to global dilemmas: BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...

Merck to put $1.5b in R&D: Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

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IMF chief warns of risks to recovery: DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

China's farm product pricing plan shifts to market orientation: The Number One Document also proposed a new pricing plan for China's ...

Chinese investors look to overseas opportunities: SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

Gaming Firms Find Going Tough: Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...

Boeing Wins Biggest Order of US$26b: A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

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Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Lucrative golf industry lures stiff competition: Two models stand beside golf equipment and bags at a recent golf ...

Li Na wins French Open women's singles title: History-making tennis legend Li Na notched the first-ever grand slam ...

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