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Yazan: admin | 30 June 2008 | Comments Off
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HONG KONG: In Hong Kong, two people have been diagnosed with tuberculosis (TB) after being in contact with a British woman who died from the disease recently.
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HONG KONG: In Hong Kong, two people have been diagnosed with tuberculosis (TB) after being in contact with a British woman who died from the disease recently. The city’s health authority has managed to trace more than 300 people believed to have been in contact with her.
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PHNOM PENH: The former Khmer Rouge foreign minister appeared before the UN-backed Cambodian genocide court on Monday to appeal his detention, in a case that poses the first big test for the tribunal.
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KUALA LUMPUR - Malaysian opposition leader Anwar Ibrahim on Monday left the Turkish embassy in Kuala Lumpur where he took refuge after being hit with sodomy accusations, an AFP reporter witnessed.
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AFP - A huge algae bloom at the Beijing Olympics’ sailing venue will take at least another two weeks to eradicate despite more than 10,000 workers being used in the clean-up effort, state media reported.
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A huge algae bloom at the Beijing Olympics’ sailing venue will take at least another two weeks to eradicate despite more than 10,000 workers being used in the clean-up effort, state media reported.
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Reuters - Chinese airlines including China
Southern Airlines (600029.SS) (1055.HK) will raise domestic jet
fuel surcharges as much as 50 percent from Tuesday to offset
pressure from high oil prices, an aviation industry website
said on Monday, citing regulators.
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Reuters - Senior envoys of the Dalai
Lama arrived in China on Monday to meet the government over the
issue of Tibet, the Tibetan government-in-exile said, amid
pressure on China to open up dialogue as the Olympics approach.
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Former PM Anwar Ibrahim suffers all-too familiar blow
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Government spending in the first two months of the financial year amounted to $38.7 billion with revenue of $33 billion, resulting in a $5.7 billion deficit.
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Total deposits with authorised institutions fell 0.8% in May, with Hong Kong dollar deposits dropping 1.6%, the Monetary Authority says.
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China’s largest steel maker came into being on Monday as two leading companies formally merged in the northern province of Hebei, which encircles Beijing.
The new group, Hebei Iron and Steel Group Co., was created from the combinati …
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China has developed its own technology for nuclear power plant simulators, the China National Nuclear Corp. (CNNC) said here on Monday.
Experts believe that 70 percent of nuclear incidents result from human error. The full-scope sim …
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Most Asian markets slid further on Monday, as investors remained cautious after a recent string of weak finishes and before key economic data from the U.S. later in the week.
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LONDON (MarketWatch) — Consumer prices in the 15-nation euro zone rose at a record, annual pace of 4% in June, Eurostat said Monday in a preliminary estimate, far exceeding the European Central Bank’s target of just under 2%. The ECB is widely expected to hike its key lending rate by a quarter point to 4.25% when it meets Thursday. Consensus expectations were for a June rise of 3.9% after a 3.7% increase in May.
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Moody’s Investors Service upgraded its rating on Japan’s government debt Monday to Aa3 from A1, expecting the nation to continue to make progress on its debt and to be resilient against global economic turbulence.
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HONG KONG (MarketWatch) — Kellogg Co. Monday said a subsidiary has acquired the assets of Zhenghang Food Co., a manufacturer of cookies and crackers in the north and northeast China. Zhenghang, also called Navigable Foods, had net sales of about $50 million in 2007, and currently employs around 1,800 people. Kellogg didn’t disclose the terms of the deal.
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Divers spent Monday searching for 36 members of an anti-insurgency unit who went missing after Maoist rebels fired on and sank their boat in eastern India, state media said.
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Malaysian opposition leader Anwar Ibrahim vows to leave the Turkish embassy after seeking sanctuary amid sodomy claims.
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KUALA LUMPUR - Malaysia’s Deputy Prime Minister Najib Tun Razak on Monday dismissed allegations he was involved in the case of opposition leader Anwar Ibrahim being accused of sodomy or having threatened his safety.
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JAKARTA: Indonesia’s President Susilo Bambang Yudhoyono is paying the price for raising the country’s domestic fuel prices. His popular ratings have plunged to their lowest since he took office in 2004.
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Ko Chi-sum and Prof Leung Mee-lee have been appointed members of the Advisory Committee on Admission of Quality Migrants and Professionals for two years from July 1. Committee Chairman Henry Fan and 14 incumbent members have also been re-appointed.
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The Chief Executive made their appointments on the Judicial Officers Recommendation Commission’s recommendation.
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LONDON (MarketWatch) — British lenders approved 42,000 mortgage applications in May, the Bank of England reported Monday, the lowest monthly total since the statistical series began in 1999 and a decline from the 58,000 approvals seen in April.
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Taiwan will encourage insurers and government pension funds to buy domestic stocks in an effort to help shore up the market, according to reports.
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LONDON (MarketWatch) - U.K. stocks were mixed Monday with gains for oil and mining companies helping to offset declines for banks, airlines and the construction sector after more weak data on housing and consumer confidence.
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Workers in Sydney run for cover after mistaking a military exercise for an aerial attack.
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LONDON (MarketWatch) — European shares moved broadly lower Monday in the final trading session of the quarter, with shares of Swedish telecoms operator TeliaSonera down sharply after France Telecom decided to walk away without making a formal offer.
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Shares of TeliaSonera AB slumped on Monday after France Telecom decided not to make a formal bid for the Swedish company.
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More than 90 dangerous items were stopped from getting into the capital’s subways and more than 50 passengers were turned away on June 29, the first day of compulsory security checks of all passengers, the Beijing Times reports.
The …
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The death toll of China’s major earthquake still stood at Sunday’s figure of 69,195 as of Monday noon, the State Council Information Office said.
The number of the injured stayed at 374,177 and people reported missing dropped one fr …
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Chinese Premier Wen Jiabao sent a congratulatory message to the African Union (AU) upon the opening of its summit Monday in Sharm el Sheikh, Egypt.
“I wish to extend, on behalf of the Chinese government and in my own name, warm cong …
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The Exchange Fund’s total assets fell to $1.448 trillion in May, down $19.1 billion from April. Foreign-currency and Hong Kong dollar assets fell $5.8 billion and $13.3 billion, the Monetary Authority says.
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AFP - Envoys of the Dalai Lama were due to arrive in China later on Monday for fresh talks over they called the “long simmering issue” of Tibet, the Tibetan government-in-exile said.
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Research by US economists from a think tank shows that the low level of “Chinese content” in China’s export products has resulted in exports to developed markets that are not as rewarding for China as expected.
At a seminar on the value …
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According to Xinhua Net, as the Olympics draw near, many travel agencies in the city of Wuhan have become the first to introduce a “Beijing Olympic Tour,” a four-day travel package priced from 3000 to 4000 RMB depending on the standard of a …
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Australia renews its request for better security for its diplomats in Fiji, after its top envoy receives a third death threat.
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BEIJING: US Secretary of State Condoleezza Rice pressed China’s leaders on sensitive human rights issues, but said she was encouraged by their decision to hold talks with the Dalai Lama’s envoys.
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Read full story for latest details.
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Moody’s Investors Service upgraded its rating on Japan’s government debt Monday to Aa3 from A1, expecting the nation to continue to make progress on its debt and to be resilient against global economic turbulence.
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AP - Secretary of State Condoleezza Rice urged China on Monday to back U.N. Security Council action to punish Zimbabwe, saying the time for mere statements was over.
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AFP - China has ordered local officials to head off any protests that could tarnish the Olympics, the government said Monday, after a violent riot by 10,000 people threw the spotlight on deep social tensions.
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HONG KONG (MarketWatch) — The Japanese yen strengthened against the U.S. dollar Monday after Moody’s Investors Service upgraded the rating on Japanese government bonds to Aa3 from A1 with a stable outlook. The upgrade “was prompted by expectations of continued fiscal restraint and consolidation, coupled with an easing-out of the debilitating effects of deflation,” Moody’s Senior Vice President Thomas Byrne wrote in a statement. The U.S. dollar bought 105.53 yen in Asia, compared with 106.18 yen earlier in the day and 106.17 yen in New York late Friday.
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Chinese shares closed lower on Monday, continuing the downward trend of the previous trading day, dragged down by heavyweights.
The benchmark Shanghai Composite Index extended a two-day losing streak, ending 12.33 points or 0.45 per …
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The Wenchuan earthquake wreaked havoc on Chengdu’s industrial enterprises and some 4,350 enterprises have suffered. The city’s industry saw a year-on-year increase of 4.2 percent, 23 percentage points lower than expected, according to infor …
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High hopes for South Korea’s new high-tech city
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LONDON (MarketWatch) — Merrill Lynch upgraded Alcatel-Lucent , the world’s largest maker of telecommunications equipment, to neutral from sell, citing valuation. The broker told clients its fair value estimate is based on a 7.5% mid-term operating margin and 5% revenue growth. It added that uncertainty over where exactly fundamental value lies is likely to hang over the stock until a clearer picture of long-term margins emerges.
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LONDON (MarketWatch) — European shares edged higher in early trading Monday, with banks and mining stocks among the sectors enjoying a positive start to the session. France Telecom was among the biggest gainers, adding 6.7% in early Paris trading after it walked away from a bid for Sweden’s TeliaSonera . Also in the telecoms sector, Thus Group jumped 19% in London to 173 pence after Cable & Wireless said it was in talks over a possible bid at 180 pence-a-share. Among the main indexes, the U.K. FTSE 100 rose 0.4% to 5,553.50, the French CAC 40 index rose 0.3% to 4,412.79 and the German DAX 30 index rose 0.2% to 6,432.62.
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LONDON (MarketWatch) — European shares edged higher in early trading Monday, with banks and mining stocks among the sectors enjoying a positive start to the session. France Telecom was among the biggest gainers, adding 6.7% in early Paris trading after it walked away from a bid for Sweden’s TeliaSonera . Also in the telecoms sector, Thus Group jumped 19% in London to 173 pence after Cable & Wireless said it was in talks over a possible bid at 180 pence-a-share. Among the main indexes, the U.K. FTSE 100 rose 0.4% to 5,553.50, the French CAC 40 index rose 0.3% to 4,412.79 and the German DAX 30 index rose 0.2% to 6,432.62.
