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The Reserve Bank of Australia (RBA) on Tuesday cut its official cash rate by a further 100 basis points after its board meeting. The Reserve Bank of Australia (RBA) on Tuesday cut its official cash rate by a further 100 basis points after its board meeting. The cash rate is now 3.25 percent, the lowest level in 45 years. RBA governor ...
India and China are seeing huge opportunity in working together in plastics by increasing exchange of information, knowledge and technology, said organizers of an India-China plastics industry cooperation conference on Tuesday. India and China are seeing huge opportunity in working together in plastics by increasing exchange of information, knowledge ...
The U.S. Treasury Department has made another investment of 1.15 billion U.S. dollars in 42 banks from the 700 billion dollar financial bailout package, the Treasury said in a statement on Tuesday. Now a total of 359 banks in 45 states and Puerto Rico has received over 195.33 billion dollars in support. To date, the largest investment was 25 billi...
China Customs has said the total value of imports and exports in its specially-supervised areas, mainly bonded zones, were up 17 percent year-on-year to almost 300billion U.S. dollars in 2008. Exports grew 21.7 percent to 152.6 billion U.S. dollars and imports rose 12.2 percent to 146.9 billion U.S. dollars. The total value of imports and exports in...
The Nepali government is to lift the five-month long ban on the import of Chinese milk products after an international laboratory found that samples collected from different outlets in the country tested negative for melamine, local media reported on Friday. The Nepali government is to lift the five-month long ban on the import of Chinese...
Beijing's total imports and exports were up 40.8 percent to a record 271.7 billion U.S. dollars in 2008 mainly thanks to the Olympic Games, Beijing Customs said Friday. Exports hit 57.4 billion U.S. dollars, up 17.4 percent, and imports 214.3 billion U.S. dollars, up 48.7 percent, making the city China's 4th largest international trade region after Gu...
Chinese farmers' net per capita income rose 8 percent last year, but it would be difficult to maintain that pace of growth in 2009, a senior agriculture official told a press conference Monday. Chinese farmers' net per capita income rose 8 percent last year, but it would be difficult to maintain that pace of growth in 2009, a senior agriculture offi...
Guangdong private businesses, most exposed to the export slump, are having a lower expectation in most of the economic indicators than those in other regions in China, a report from accounting firm Grant Thornton said Monday. The report, which surveyed senior executives of more than 7,200 privately-owned businesses in 36 regions, showed that 13 percent...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
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