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Breaking News Sat, 4 Sep 2010
Containers are handled at the container terminal of the harbour in Hamburg, northern Germany, in this Jan. 16, 2006 file picture. German exports increased by 9.3 percent in May 2007 compared with the same month last year, and the country's trade surplus increased more strongly than expected, according to data released Monday, July 9, 2007.
(photo: AP / Kai-Uwe Knoth, File)
Strong Yen Helps to Fuel Germany's Export Boom
The New York Times
| FRANKFURT — There was a touch of schadenfreude in the most recent earnings report issued by Kuka, a company based in the Bavarian city of Augsburg whose orange industrial robots are a common site on auto assembly lines around the world. | Kuka said last month that its sales had bounced back ...
FILE - In this Jan. 8, 2010 file photo, Toyota Motor Corp.'s Prius is on display at the automaker's showroom in Tokyo. Toyota said on Thursday, Feb. 4, 2010 it has received 77 complaints in Japan over brake problems with its popular hybrid.
(photo: AP / Koji Sasahara)
Toyota Feels Exchange-Rate Pinch as Rivals Gain
The New York Times
| TOKYO — For all the turmoil over Toyota’s wave of recalls, the company, the world’s largest automaker, may face a bigger problem: the surging yen. | With the yen at 15-year highs against the dollar, a 9-year peak versus the euro and still near recent heights against the won, Toyo...
Toyota Feels Exchange-Rate Pinch as Rivals Gain
The New York Times
| TOKYO — For all the turmoil over Toyota’s wave of recalls, the company, the world’s largest automaker, may face a bigger problem: the surging yen. | With the yen at 15-year highs against the dollar, a 9-year peak versus the euro a...
Key to limitless energy
Gulf News
| It is one of mankind's most daring experiments — a quest to produce virtually limitless clean energy that, if successful, would revolutionise life on Earth by harnessing the explosive power of the Sun. Such is the appeal of the idea that the ...
Asian automakers post robust sales for August
Gulf News
| Seoul/Beijing: Asian auto sales rose strongly in August, benefiting from government moves to encourage purchases of new and cleaner vehicles, though an uncertain US economy and slowing growth in China look set to curb demand. | In China, the w...
Oil hits $72 after China growth
Gulf News
| London: Oil rose to $72 per barrel Wednesday after news Chinese manufacturing growth accelerated last month, easing concerns over the pace of economic recovery. | Benchmark US crude oil futures for October rose for the first day this week, gai...
Indian economy reflects new order
Gulf News
| India is forecasting that its economy will expand 8.5 per cent over the year, in part on the back of exceptionally strong growth this quarter. | This is good news for the Gulf region and the international economy. For the Gulf, the obvious benefit ...
Wall Street Surges After Upbeat Economic Reports
The New York Times
| Shares on Wall Street surged Wednesday, following the direction of indexes in Asia and Europe, after a crucial manufacturing gauge in the United States unexpectedly rose in August and earlier indicators showed strong growth in China and Australia. ...
Indian policemen stand guard outside the Bombay Stock Exchange building in Mumbai, India, Monday, May 4, 2009. India's Sensex closed 6.4 percent higher.
AP / Rajanish Kakade
Indian economy reflects new order
Gulf News
| India is forecasting that its economy will expand 8.5 per cent over the year, in part on the back of exceptionally strong growth this quarter. | This is good news for the Gulf re...
The Wall St. street sign is photographed against the American flag outside the New York Stock Exchange, Friday, Oct. 24, 2008 in New Yo
AP / Mary Altaffer
Wall Street Surges After Upbeat Economic Reports
The New York Times
| Shares on Wall Street surged Wednesday, following the direction of indexes in Asia and Europe, after a crucial manufacturing gauge in the United States unexpectedly rose in Augus...
An unidentified person looks at job postings at the Northeast WorkSource Center in East Los Angeles on Friday, April 17, 2009.
AP / Damian Dovarganes
Jobs deficit lays bare failure of Obamanomics
Asia Times
|      Sep 2, 2010 Jobs deficit lays bare failure of Obamanomics | By Peter Morici | With thousands of young college graduates moving in with parents and return...
India growth rate goes for a gallop
Gulf News
| Abu Dhabi: India's economy expanded 8.8 per cent in the fiscal first quarter, its fastest growth rate in nearly three years on the back of strong manufacturing growth and better farm output. | At a time when global economic recovery is showing sign...
Indian Economy Accelerating
The New York Times
| MUMBAI — While many developed economies worry increasingly about slowing growth and continued high unemployment, India said Tuesday that its economy was accelerating. | Sharp increases in manufacturing, mining and services helped India grow a...
Taiwan to Block Sale of A.I.G. Unit
The New York Times
| PARIS — The Taiwan financial regulator said Tuesday that it would block the $2.15 billion sale of Nan Shan — American International Group’s life insurance unit on the island — to a group of buyers tied to China, citing laws ...
China Financial
Children - Bag - Learning
(photo: WN / Dominic Canoy)
Amartya Sen’s vision of learning
Deccan Herald
By Anil Sinha Friday, September 03, 2010 --> | It is a different world of learning; totally different from what we are acquainted with. We have almost accepted the kind of schools existing next door. We have been hearing for a long time now about reducing weight of school bags, etc. | Everyone talks about real development of a child who is responsi...
Banking
A sign for a branch of HSBC bank seen with reflection at right and backdropped by part of St. Paul's Cathedral in central London, Monday, Aug. 4, 2008. HSBC Holdings PLC, Europe's largest bank by market value, reported Monday its steepest fall in profit since 2001 as costs for bad U.S. mortgage loans mounted, with net profits for the first half of 2008, plunged 29 percent to US$7.7 bill
(photo: AP / Sang Tan)
HSBC in talks for 70 percent of South Africa's Nedbank in $6.8 billion deal
Daily Star Lebanon
| Purchase would give Europe’s biggest lender entry into growing market | Tuesday, August 24, 2010 | - Powered by | --> | David Dolan and Kelvin Soh | Reuters | JOHANNESBURG/HONG KONG: HSBC is in talks to buy up to 70 percent of South Africa’s Nedbank, in a potential $6.8 billion deal that would give Europe’s biggest lender a broader ...



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